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    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

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    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

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    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

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    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

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    Ex Super Eagles Star Henry Nwosu Passes Away at 62

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    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

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    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Deep Capital Approves Capital Increase, Restructuring Plnn

    Deep Capital Approves Capital Increase, Restructuring Plnn

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Hikes Petrol Price to ₦1,275 Per Litre

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

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    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

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    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

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    Deep Capital Approves Capital Increase, Restructuring Plnn

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    Trading begins in Linkage Assurance 12.32bn share rights issue

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    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Suspension on Zichis Agro as Shares Drop 50% After Adjustment

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    African Governments Seek Fuel from Dangote Refinery

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    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

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    Shell Confirms Ongoing Exit from South Africa

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    NGX suspends trading in the shares of four listed companies

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

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41.3mn litres of crude oil, 19.64mn litres of diesel recovered from ‘oil thieves’ in 5 months – FG

Tuesday, 6 September 2022, 10:44 am
in News, Nigeria
0
41.3mn litres of crude oil, 19.64mn litres of diesel recovered from ‘oil thieves’ in 5 months – FG
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The Federal Government of Nigeria says it has recovered 41.3 million litres of crude oil, 19.64 million litres of diesel among others from “oil thieves” between April to August 2022.

This was disclosed by the Nigeria’s Chief of Naval Staff, Vice Admiral AZ Gambo while speaking on the successes recorded so far by OPERATION DAKATAR DA BARAWO, the anti-oil-theft operation launched in collaboration with Nigerian National Petroleum Company Limited (NNPCL) on April 1, 2022. 

The FG also listed the recovered products, number of arrested suspects, and deactivated sites in series of Tweets on its official Twitter handle.

100 suspects and 12 vessels were arrested within the period, according to the FG

216 illegal refining sites and 216 storage facilities were deactivated with 272 wooden boats destroyed.

Other petroleum products seized during the operation include 478,500 litres of kerosene and124,265 litres of petrol.

  • Read also: Customs DG questions NNPC’s ’60mn litres’ daily petrol consumption, says it’s unbelievable
  • Petrol will cost ₦462/litre without subsidy – NNPCL

Petroleum Products So Far Seized/Recovered from Oil Thieves by #OpDakatarDaBarawo (April—Aug 2022)
 
Crude Oil: 41.3 million litres (299,485 barrels)

Diesel: 19.64 million litres

Kerosene: 478,500 litres

Petrol: 124,265 litres

Total value of products: 29.4 Billion Naira

— Government of Nigeria (@NigeriaGov) September 6, 2022

VIDEO: Nigeria’s Chief of Naval Staff, Vice Admiral AZ Gambo, speaks on the successes recorded so far by OPERATION DAKATAR DA BARAWO, the anti-oil-theft operation launched in collaboration with @NNPCLimited on April 1, 2022. #SecuringNigeria pic.twitter.com/Jh17ykjVFY

— Government of Nigeria (@NigeriaGov) September 6, 2022

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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