Nigeria: Oil Theft, Piracy, Cost Nigeria U.S.$750m in 2019 – NNPC

Gulf of Guinea, IUU fishing, Kidnap for Ransom, Maritime Security, oil products theft, Piracy, port security, Robbery, smuggling 1 Minute

By Michael Eboh

The Nigerian National Petroleum Corporation, NNPC, Tuesday, decried the growing activities of oil thieves and pirates, stating that Nigeria lost about $750 million to oil theft in 2019.

In a presentation to members of the Executive Intelligence Management Course 13 of the National Institute for Security Studies (NISS) who were on a study tour to the NNPC in, Abuja, Group Managing Director of NNPC, Mallam Mele Kyari, described the activities of the thieves and pirates as a threat to the operations of the corporation.

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Source: allafrica.com

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Published by Maritime Security News

I entered the maritime security world in 2009, becoming Intelligence Officer for Neptune Maritime Security (now the NeptuneP2P Group). In 2012, became piracy editor for SomaliaReport.com and in 2013 became editor of MarsecReview.com and intelligence consultant for CSO Alliance, which I left in 2019. I currently work with another UK maritime security firm as a consultant and have an interest in a cyber security concern in the UK. Need a maritime security report, article or advice on maritime cyber security? contact me at: marsecnews@gmail.com

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