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Nigeria Struggles to Stop Billion-Dollar Crude Oil Theft

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AFRICANGLOBE - Nigeria Africa's largest oil exporter has a major problem with Crude oil theft. A report just released by the International Energy Agency...

Nigerian Navy Intercepts 17 Vessels Suspected of Carrying Stolen Oil

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Seventeen ships laden with tens of millions of barrels of crude oil suspected to have been stolen were arrested by the navy. The ships were...

Nigeria’s Stolen Oil

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Nigeria is the world capital of oil theft, at least according to The Economist. However, because the government does not know how many barrels...

Nigeria: U.S.$400 Billion of Oil Revenue Stolen

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Former World Bank Vice-President for Africa, Dr. Oby Ezekwesili, Tuesday said an estimated $400 billion of Nigeria's oil revenue has been stolen or misspent...

Vessels Seized Carrying 1.3 Million Barrels of Stolen Nigerian Crude Oil

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The Joint Task Force (JTF) in the Niger Delta, code- named 'Operation Pulo Shield', on Monday arrested 22 Ghanaians and four Nigerians with two...
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