One of the security challenges Nigeria is battling to contain in recent times is the menace of oil theft, which is steadily wreaking havoc on the nation’s economy. For the first time in a long period, oil production output has been on a rapid decline due to theft, and shut-ins, among others.
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Falana asks FG to fire Irabor over burning of vessel recovered from oil thievesHuman rights lawyer, Femi Falana (SAN), has called on President Muhammadu Buhari to sack the Chief of Defence Staff, General Lucky Irabor, over the Federal government na olodo full there. They may even issue an arrest warrant for you to be in custody for saying this. Falana can defend anything even without having facts on his hands in the name of human right. This was how he drag ASUU to shame.
Source: Daily Trust - 🏆 13. / 51 Read more »
Oil Theft: Tompolo uncovers another illegal pipeline in DeltaThe latest discovery comes less than one week after at least 58 illegal oil pipelines were discovered by Tompolo in Delta and Bayelsa... At this point, tompolo should just be our president This man is better than all our security agencies combined There is no single institution of the NigeriaGov that is working. I stand to be corrected. DRAMA! The case of a Perpetrator cooperating with Prosecutors, this time for a Fee. What has he been doing since Jonathan administration he collected billions of Naira. Let's keep enjoying the Drama. Nigerians aren't STUPID!
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Top Nigerian Government Officials, Security Operatives Involved In Oil Theft —Report | Sahara ReportersThere is a report revealing how top Nigerian government officials and security personnel were involved in oil theft and illegal oil bunkering in the Niger Delta region. Oil theft has resulted in significant losses for Nigeria, one of Africa’s biggest economies. The illegal activities have also affected monthly revenue remittance to the federation account. The report titled “Nigeria’s Criminal Crude: International Options to Combat the Export of Boko Haram/insecurity is least of problems. Obi rightly said that the corruption is directly proportional to insecurity. This report is telling us something new? I don't think. Before nko. You think we are foolish
Source: SaharaReporters - 🏆 9. / 63 Read more »
Security outfit uncovers another oil theft spot | The Guardian Nigeria News - Nigeria and World NewsAnother breach on the 400,000 bpd Trans Forcados Export pipeline from where large quantities of crude oil had beenstolen, was discovered at the weekend by Tantita Security Services Ltd.. So Tompolo is now doing the work of the Nigerian Navy? Nigeria is finished
Source: GuardianNigeria - 🏆 1. / 94 Read more »
FG, manufacturers explore sustainable non-oil export incentives | The Guardian Nigeria News - Nigeria and World NewsTo improve earnings from non-oil export, the Federal Government and local manufacturers are exploring sustainable incentives to encourage non-oil exporters for improved productivity and export.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Oil Prices Uncertainty To Devastate Africa Oil Producers Economy – IMFThe International Monetary Fund(IMF) has warned oil producers in sub-Saharan Africa to target fiscal surpluses to buffer themselves against large price The sanctions on Russia has made America the major supplier of oil to Europe thereby making other countries' currencies less valuable to dollars. Americans are very smart. The uncertainty in the oil prices is caused by the American government to control the global economy.
Source: LeadershipNGA - 🏆 4. / 77 Read more »