Audio By Carbonatix
Nigeria's state-owned oil company says an oil tanker carrying 800,000 litres of stolen crude has been intercepted offshore while heading to Cameroon.
It said the vessel would be destroyed as a deterrent.
Nigeria's state-owned oil firm said the oil had been stolen from a well in the south-western state of Ondo.
Oil theft from pipelines and wells in the Niger Delta is a major problem for the Nigerian economy, robbing it of much-needed revenue.
The oil company said that the Nigerian registered tanker had been operating in what it called stealth mode for the last 12 years.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
2025/26 GPL: Hearts suffer comprehensive 2-0 loss to Karela United
30 minutes -
Kennedy Agyapong begins Central Regional campaign tour with major healthcare donations
33 minutes -
Digital-savvy youth in Northern Ghana use internet to digitise local languages for generations
1 hour -
GES directs Dzodze-Penyi SHS Headmaster to step aside over alleged sexual misconduct
1 hour -
My vision is to build an agile central bank ready for emerging risks; tackling dollarisation is also a major priority – Asiama
1 hour -
Ukrainian city hit by ‘massive’ strike as peace talks in US conclude
2 hours -
Staff and tourists among 25 killed in Goa nightclub fire
2 hours -
BoG to cut policy rate aggressively in coming months – Fitch Solutions
2 hours -
GPL 2025/2026: Salim Adams sends Medeama top of the league
2 hours -
CUTS raises concern over prolonged delay in consumer protection and competition law passage
2 hours -
Dumelo urges youth to embrace agriculture, entrepreneurship at VYE Forum
2 hours -
GPL 2025/26: Oduro’s stunning strike earns Hohoe United win over Asante Kotoko
2 hours -
Samartex return to winning ways with victory over GoldStars
2 hours -
Bolt Food Ghana vows to boost employment as regulator commends its growth
2 hours -
NAIMOS task force arrests 7 illegal miners in raid at Kwaebibirem
2 hours