How We Recovered Over 700,000 Litres Of Stolen Crude Oil In One Week-Military Spokesperson

The New Diplomat
Writer

Ad

Oil Prices Aren’t Likely To Rise Anytime Soon

Analysts surveyed by Reuters expect Brent Crude to average $67.65 per barrel and WTI Crude to average $64.65 per barrel this year, with slight adjustments from previous forecasts. Factors contributing to the subdued oil price outlook include rising supply from OPEC+ and non-OPEC+ producers, slowing demand growth post-summer, and uncertainties from U.S. trade policies. Major…

US denies visas for Palestinian officials before UN assembly

The administration of United States President Donald Trump has announced it is denying and revoking visas for members of the Palestine Liberation Organization (PLO) and the Palestinian Authority (PA) before the United Nations General Assembly (UNGA) in September. The announcement was made in a statement released by the US Department of State on Friday. “The…

2027: Crack as Tinubu’s Northern ally, Senator Marafa Dumps APC, accuses president of betrayal, neglect

By Obinna Uballa A major crack has emerged in President Bola Tinubu’s Northern political base as a key stakeholder and former Zamfara Central Senator, Kabiru Garba Marafa, together with his supporters, have all resigned from the All Progressives Congress (APC), accusing the president of betrayal and neglect. Marafa, who reportedly coordinated the Tinubu/Shettima Campaign Organisation…

Ad

By Abiola Olawale

The Nigerian military has said that its operatives recovered about 700,000 liters of stolen crude oil in a week-long operation in the Niger Delta region.

Defense Headquarters spokesperson, Major-General Edward Buba, who made this disclosure in a statement on Saturday in Abuja, said the operation is part of the effort of the military to eliminate oil theft in the region.

Buba in the statement also confirmed that its personnel during the operation in the Niger Delta region were able to arrest 36 suspected oil thieves, release 133 kidnap victims from captivity, and seize about 270 weapons along with more than 5,000 rounds of ammunition.

Furthermore, Buba said that the troops demolished 51 dugout pits, 24 boats, 21 storage tanks, and over 20 unlawful oil refining facilities.

He also stated that security forces seized suspected oil theft proceeds to the tune of N637.7 million.

The statement reads in part: “The armed forces are working decisively to kill the terrorists, stop insecurity, and ensure the safety of citizens. Troops will continue to operate with tremendous force against the terrorists across the country,” Buba said.

The New Diplomat reports that the persistent issue of oil theft in the Niger Delta region remains a significant challenge, as military forces routinely uncover new illegal operations week after week.

This situation presents a significant challenge for the Federal Government as Nigeria continues to fall short of its quota to the Organization of Petroleum Exporting Countries (OPEC).

According to the March report from OPEC, Nigeria’s oil production has declined further to 1.2 million barrels per day, negatively impacting the country’s revenue and foreign exchange earnings.

Ad

X whatsapp