Nigeria's state-owned oil firm NNPC Ltd said on Monday an 800,000-litre (211,338-U.S. gallon) vessel carrying stolen crude had been intercepted offshore while heading to Cameroon and would be destroyed as a deterrent to oil theft.
The Nigerian National Petroleum Company (NNPC) Limited has noted that the 800,000-litre vessel intercepted on the coastline of Ondo state was Cameroon-bound.
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The Acting Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has stated that the removal of fuel subsidy by the President Bola Tinubu-led Nigerian government did not stop the smuggling of stolen crude oil from Nigeria to neighbouring countries. Adeniyi made the disclosure on the sidelines of a sensitisation workshop on the Nigeria Customs Service Act 2023 for management staff of the NCS in Abuja.
Operatives of Tantita Security Limited and Nigerian National Petroleum Company have set ablaze, a vessel ladened with 150,000 litres of stolen crude oil