Nigeria loses N13bn to oil theft, vandalism in one month

31 May 2016, Abuja — Nigeria has lost N12.566 billion in one month due to petroleum products theft and vandalism of the facilities of the Nigerian National Petroleum Corporation, NNPC. Giving a breakdown of the losses, the NNPC, in its Monthly Financial and Operations Report for March 2016, disclosed that crude oil loss amounted to […] More »