Nigeria loses 362.28m barrels of crude to sabotage — NEITI

Nigeria loses 362.28m barrels of crude to sabotage — NEITI

A new report by the Nigeria Extractive Industries Transparency Initiative has indicated that Nigeria lost 362.28 million barrels of crude oil due to measurement errors, sabotage, and production adjustments between 2014 and 2023. This implies that the country lost about 992,547 barrels of crude oil daily due to the above-mentioned issues in 10 years. NEITI

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