Nigeria’s Stolen Oil; NEITI Says Metering Can Reduce Volume
Nigeria’s Stolen Oil; NEITI Says Metering Can Reduce Volume

The Nigeria Extractive Industries Transparency Initiative, NEITI has said that Nigeria could reduce the volume of oil stolen from her shores.

NEITI Executive Secretary, Waziri Adio
NEITI Executive Secretary, Waziri Adio

NEITI insisted on, and installing adequate metering infrastructures at various oil production fields and flow stations in the oil-rich Niger-Delta.

It explained at a workshop on metering infrastructure in Nigeria’s oil industry, that the country is perhaps the only oil producing dominion where international operators determined her daily oil production volume.

The NEITI Executive Secretary, Waziri Adio who was speaking at the workshop stated that experts in the industry has said the country’s oil metering infrastructure was adequate, but the agency believed it was not, and decided to commission a study on the level of capability of the infrastructure.

Leave a Reply