Naija don Lose N16.25trn To Crude Oil Theft for 11 Years —NEITI

Nigeria don lose total of 619.7 million barrels of crude oil wey dey valued at $46.16 billion or N16.25 trillion to crude oil theft between 2009 to 2020, Na di Nigeria Extractive Industries Transparency Initiative (NEITI) yarn this one.

E follow dey supported by di Federal Government decision to set up Special Investigative Panel on Oil Theft and Losses.

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Di agency make di disclosure for statement by di Head, Communications and Advocacy, Obiageli Onuorah for Abuja on Wednesday.

For breakdown, Nigeria for 2009, lose  69.49 million barrels valued at $4.31 billion while for 2010, 2011 and 2012, 28.31million, 38.61million and 51.58 million barrels of crude oil valued at $2.29billion, $4.39 billion and $5.82 billion na hin dem lose.

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