FG Loses $3.3 Billion to Oil Theft, Sabotage in One Year
The Federal Government of Nigeria lost approximately 13.5 million barrels of crude oil, valued at $3.3 billion, to oil theft and pipeline sabotage between 2023 and 2024, according to the Nigerian Extractive Industries Transparency Initiative (NEITI). The revelation was made by NEITI Executive Secretary, Dr. Ogbonnaya Orji, at the 2025…