Nigeria loses N2.9bn daily to oil theft – Shell

Started by MrVan, Feb 22, 2012, 04:05 PM

MrVan

Anglo-Dutch Shell, said  yesterday, that Nigeria was losing N2.9 billion daily to oil theft. Regional Executive Vice President, Sub-Sahara Africa, Shell Upstream, Mr. Ian Craig, speaking at the opening of the 2012 edition of the Nigerian Oil and Gas, in Abuja said the global economy had witnessed high volatility, thereby increasing the uncertainties and economic risks.

Vanguard