The Federal Government of Nigeria plans to end crude oil theft through “the deployment of technology and additional security measures,” the Minister of Information and Culture, Lai Mohammed, has said.
The minister noted that the nefarious activities of pipeline vandals had caused Nigeria to lose approximately 700,000 barrels of oil daily; a trend which investment in technology will help curb.
This was contained in a statement on Friday by the Special Assistant to the President (Media), Segun Adeyemi, the minister made the remarks at a press briefing in Abuja after the aerial surveillance of the Trans-Forcados oil pipeline, Rivers State.
“The investment in technology has become critical because the nefarious activities of vandals are causing Nigeria to lose approximately 700,000 barrels of oil daily,” Mohammed said.
According to him, the continued campaign by security agencies has led to the “arrest of 210 suspects and confiscation of 20.2 million litres of AGO, 461.8 thousand litres of PMS, 843.6 thousand litres of DPK, and 383.5 thousand barrels of crude oil