Nigeria lost N851.84 billion ($2.78 billion) to oil theft and pipeline sabotage in 2019, According to the Nigerian Extractive Industry Transparency Initiative (NEITI) in its latest oil and gas industry audit report. It, however, noted that there was a significant reduction of 21% from the previous year, where 53.28 million barrels were lost. It stated … Continue reading Nigeria Lost N851.84 Billion to Oil Theft, Pipeline Sabotage- NEITI