
FG loses $1.28bn to crude oil theft–NEITI
Stories by David Agba Abuja Nigeria lost a whopping 27.12 million barrels of crude oil worth about $1.28 billion to crude theft in 2015, a report by the Nigeria Extractive Industries Transparency Initiative (NEITI) has shown. The NEITI oil and gas audit process covered 75 entities, including 54 oil and gas companies, 10 government agencies, three refineries, seven power generating Read More