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Why Nigeria Now World Capital Of Oil Theft – Report

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Why Nigeria Now World Capital Of Oil Theft - Report

A report by the Nigeria Natural Resource Charter (NNRC) has revealed that the highest ever reported crude oil theft in the world has taken place in Nigeria, with the country recording approximately 400,000 barrels per day (bpd) crude theft.

The NNRC report, which was an aftermath of a survey on oil theft in the world, also said that Mexico came second with approximately 5,000 to 10,000 bpd loss to oil theft.

Speaking in Lagos at a workshop with media professionals and members of the civil society organisations on reducing oil theft, a researcher, Niyi Awodeyin, said the report showed that Nigeria’s loses around 10 per cent of its annual budget to crude oil theft.

Awodeyin added that it was complex to determine the scale of oil theft but that on average, Nigeria loses N1 trillion annually to oil theft.

He said the scale of oil theft showed that Nigeria was losing on a daily basis more than the volume of crude oil some countries produce daily, stating that 75 per cent of stolen crude was taken out of Nigeria.

According to him, the study showed that there has been a steady rise in the past decade of crude oil theft between 2011 and 2014 estimates of lost revenue ranges from $7 billion to 12 billion annually.

Awodeyin, however, expressed skepticism on oil theft in the country, saying the trend could continue unabated because the current policies on theft were not enough to deter oil thieves.

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Easter, period of sacrifice, renewal for Nigerians , says Power Minister

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Minister of Power, Chief Adebayo Adelabuhas extended warm felicitations to all global Christian community, especially Nigerians and by extension the people of Oyo State as the Christian community celebrates the resurrection of Jesus Christ.

He said the season reminds,“us of the enduring virtues of sacrifice, love, and renewal—values that align with our collective efforts to build a stronger, more prosperous Nigeria” .

A statement by BolajiTunji, Special Adviser, Strategic Communications and Media Relations to the Minister quoted Adelabuon his avowed commitment to Power Sector Stability.

“The Federal Ministry of Power remains steadfast in addressing the challenges within Nigeria’s energy sector. We acknowledge the economic hardships faced by many, and reaffirm our commitment to stabilizing the grid, expanding access, and fostering investor confidence. Recent reforms, such as the ongoing upgrade of transmission infrastructure and partnershipswith renewable energy developers, are pivotal to achieving sustainable solutions”.

The Minister described Easter as a period of unity and compassion and called on Nigerians to continue to support government policies and initiatives by reporting illegal activities such as energy theft and infrastructure tampering. “Let us also embrace energy-efficient practices to reduce strain on the grid.

As emphasized by President Tinubu’s Renewed Hope Agenda, collective resilience and patriotism are vital to overcoming national challenges .

Adelabuended the messages with a prayer for peace and prosperity. “May the spirit of Easter inspire hope and solidarity. I pray for a Nigeria where every home enjoys uninterrupted power, and every citizen thrives in an environment of peace and progress. Together, we shall triumph over obstacles and illuminate our nation’s future”.

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ECOWAS Meets With Gambian Bar Association In Banjul

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The ECOWAS Needs Assessment Team, in continuation of its broad consultations with critical stakeholders, met with officials of the Gambian Bar Association and the Ministry of Justice in Banjul on Wednesday 16th and Thursday 17th April 2025 respectively.

The General Secretary of the Gambian Bar Association (GBA), Mr Abdoulie Fatly and the immediate President of the GBA, Mr Salieu Taal were on hand to receive the team at the GBA office.

At the Justice Ministry, the team was received by the Solicitor General and Legal Secretary, Mr Hussein Thomas and other staff members.



Pix 1: the INEC Chairman, Prof. Mahmood Yakubu (3rd right), the Solicitor General and Legal Secretary Ministry of Justice, the Gambia, Mr Hussein Thomas (3rd left, in suit); Chairman, Electoral Commission for Sierra Leone and President of ECONEC Mr. Konneh Mohammed (2nd left), and other members of the team in a group picture at the Ministry of Justice.


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‘It’s mischievous,’ Presidency denies claim Shettima was barred from Aso Villa

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The Presidency has described as false and mischievous reports alleging that Vice President Kashim Shettima was denied access to the Presidential Villa in Abuja.

In a statement issued on Saturday by the Senior Special Assistant to the President on Media and Communications (Office of the Vice President), Stanley Nkwocha, the Presidency said the claims were “totally fabricated” and aimed at misleading the public into believing there was a rift between President Bola Tinubu and his deputy.

The statement was titled ‘Re: Mischievous Report On Access To The Presidential Villa By Vice President Kashim Shettima, GCON’.

“The latest in this string of disinformation is a report claiming that the Vice President has been refused entry to the Villa.

“This is a feeble attempt to traduce the person and office of His Excellency, Vice President Kashim Shettima, GCON. For the record, nothing of the sort ever happened,” the statement read.

The report, which circulated via “obscure blogs,” alleged that military personnel had barricaded the entrance of the Villa to prevent the Vice President from entering.

Nkwocha dismissed the claim as “the wildest expression of wishful thinking” and accused those behind it of attempting to sow discord within the government.

The statement added, “It is understandable, though regrettable, that the mischief-makers continue to underestimate the strength of the bond and goodwill between the President and the Vice President.

“However, their questionable sources or habitual reliance on misinformation have once again led them astray. These fairy tales they publish serve no purpose beyond mischief and distraction.”

The statement also recalled a similar rumour earlier in the week regarding campaign posters bearing the image of Tinubu, which was also debunked by the Presidency.

Nkwocha assured Nigerians that Shettima remains focused on his duties and would not be distracted by “the imagination of individuals intent on creating smoke where there is no fire.”

He urged members of the public to disregard the report and encouraged journalists to verify information from credible sources, stating that no amount of falsehood would undermine the democratic mandate of the Tinubu administration.

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