Crude Oil: Nigeria Losses $1.3bn In Six Months - Governors - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 2
September 20, 2019
Nigeria lost one point three billiondollars’ worth of crude oil to theft and pipeline vandalism in the first sixmonths of 2019.
The state Governors who reviewed thecriminal cases in the oil sector in the Niger-Delta, are members of athirteen-member ad-hoc committee raised by the National Economic Council tocarry out the assignment.
The report of the findings wassubmitted to NEC at its meeting presided over by Vice-President Yemi Osinbajoin Abuja.
Governor Godwin Obaseki of EdoState, who chaired the committee, spoke with State House correspondents afterthe NEC meeting. He said the Nigerian National Petroleum Corporation, NNPCbriefed the ad hoc committee before the latter prepared its report.
The committee warned that if thesituation is not tackled instantly, losses could be higher than two point sevenbillion dollars in two years.