Nigeria Loses $3.3 Billion To Oil Theft, Pipeline Sabotage — NEITI
By ESTHER McWILLIS-IKHIDE NIGERIA lost 13.5 million barrels of crude oil worth $3.3 billion to theft and pipeline sabotage between 2023 and 2024, according to the Nigerian Extractive Industries Transparency Initiative (NEITI). Speaking at the 2025 NAEC Conference in Lagos, NEITI Executive Secretary Dr. Ogbonnaya Orji said the losses reflect deep institutional weaknesses and missed […]
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