Senate President Godswill Akpabio has lauded the Nigerian Navy over improved security in the maritime environment and increased onslaught against crude oil theft in the country.
The Nigerian Navy Ship Beecroft, under the Command of Commodore Kolawole Olumide Oguntuga, who also is the Maritime Component Commander (Operation AWATSE), has arrested a vessel, Motor Tanker SAISNIL II.
The Federal Government has developed a strategic roadmap to end crude oil theft in the country. The Chairman, Crude Oil Theft and Management Committee of the National Economic Council (NEC), and Imo State Governor, Hope Uzodimma..
Within a week, the Nigerian National Petroleum Company Limited (NNPC) has revealed 322 crude oil theft incidences were recorded in the Niger Delta region.
Men of the Nigerian Navy (Forward Operating Base) in Igbokoda, Ondo State, have arrested 28 suspects for allegedly stealing 527,810 litres of crude oil. The suspects were nabbed, following intelligence received by the Anti-Crude Oil Theft Patrol Team (COT)
The Nigerian Navy has declared war against crude oil theft and insecurity on the Nigerian waterways. The declaration followed a three-day special amphibious exercise codenamed: “Exercise Sea Guardian”, aimed at tackling all forms of maritime crime in the country. The joint sea exercise organised by the Central and Eastern Naval Commands around the Agbara Oil…
The recurring decimal of theft of Nigeria’s crude oil and the faulty policy of addressing it are certainly worrisome. First, oil successfully ferreted out of the country constitutes a permanent loss to the country; and when the theft attempt is thwarted by official security agencies, the vessel bearing the stolen crude is destroyed along with…
About $46 billion (N16.25 trillion) was lost to crude oil theft between 2009 and 2020, Speaker of the House of Representatives, Tajudeen Abbas, disclosed, yesterday.
5 Aug 2023
On the 3rdof August 2023, news of a vessel the MT PRAISEL intercepted by Tantita broke on a news channel, while investigations were still ongoing....
24 Jul 2023
Rear Adm. Umar Chugali, the Flag Officer Commanding (FOC), Central Naval Command, has warned criminals to desist from crude oil theft and other illegalities in the maritime domain
24 Jul 2023
The zeal currently being displayed by Nigerian security agencies to stamp out the nefarious acts of stealing the country’s crude oil can hardly be faulted, considering the humongous public fund being lost daily on account of the theft.
1 Jul 2023
Not too long ago, the Federal Government established for us, through the Nigerian Ports Process Manual (NPPM), a regulatory framework with which the ports system should be regulated. The NPPM is a harmonisation of the Standard Operating Procedures (SOPs) that were operated by different entities, but which have now been brought together as one document after all parties arrived at a consensus.