• Latest
  • Trending
Oil Spill: Niger Delta Fishermen Demand $3.4b Fine From Shell

Navy Accuses NNPC of Conjuring Figures, Not Revealing Causes of CrudeOil Theft

December 4, 2022
Covenant Varsity confirms death of 500-level student during football training

Covenant Varsity confirms death of 500-level student during football training

April 9, 2026
AI is Quietly About to Retire the Entire Music Production- DJ Neptune

AI is Quietly About to Retire the Entire Music Production- DJ Neptune

April 9, 2026
Buhari,Ministers To Attend 57th ECOWAS Summit

ECOWAS Commences Recruitment for over 30 Positions

April 9, 2026
Israeli military tag Journalist killed in Gaza Strike ‘Hamas militant’

Israeli military tag Journalist killed in Gaza Strike ‘Hamas militant’

April 9, 2026
First Ships Pass Through Strait Of Hormuz Since Ceasefire

First Ships Pass Through Strait Of Hormuz Since Ceasefire

April 9, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
White house on lockdown after shooting of two national guards

US Orders staff to leave Nigeria embassy, lists Plateau, Kwara, 21 Others ‘Level 4’ in New travel advisory

April 9, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Four Terrorists Bag Life Sentence, 14 Others Convicted

April 9, 2026
Tinubu Inaugurates Ojota-Opebi Link Bridge, Other Projects In Lagos

Tinubu Inaugurates Ojota-Opebi Link Bridge, Other Projects In Lagos

April 9, 2026
PDP Names Seven-Member Caretaker Committee For Osun State

PDP Calls for Probe into alleged Land, Cash Gifts to INEC officials

April 9, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Thursday, April 9, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Navy Accuses NNPC of Conjuring Figures, Not Revealing Causes of CrudeOil Theft

by Present Nigeria
December 4, 2022
in News
0
Oil Spill: Niger Delta Fishermen Demand $3.4b Fine From Shell
27
SHARES
53
VIEWS
FacebookTwitterWhatsappTelegram

The Nigerian Navy has accused the Nigerian National Petroleum Corporation Limited of reeling out exaggerated figures to save its face rather than revealing the true cause(s) of  crude oil theft in the country.

This disclosure was made to the Senate Committee on Economic and Financial Crimes by the Navy Chief of Training and Operations, Rear Admiral Solomon Agada, during an interactive briefing of the relevant agencies implementing the Proceeds of Crime (Recovery and Management) Act, 2022 at the National Assembly.

RelatedPosts

Covenant Varsity confirms death of 500-level student during football training

AI is Quietly About to Retire the Entire Music Production- DJ Neptune

ECOWAS Commences Recruitment for over 30 Positions

Agada revealed that at several interactions with the NNPC, the Navy had explained the causes of fuel scarcity to the company that there was no way anyone would steal 100,000 barrels of oil in a day, but the NNPC had deliberately continued to mislead Nigerians.

He made the disclosure when the Chairman of the committee, Senator Suleiman Kwari, questioned him on why the country continued to experience cases of oil theft if the waterways were secured as Agada posited.

Kwari queried, “The oil theft issue has been a very worrisome one to every Nigerian and more importantly, it has negatively impacted our economy.

“How come the Navy hasn’t been able to solve the issue of oil theft and if the Navy is claiming that the waterways are secured, why are there still cases of oil theft?”

Agada explained in his responses, “The challenge is that because of the criminal activity inshore by the illegal refiners in tapping into the export lines, those export lines have not been in operation since early this year.

“The major terminals have not been able to process fuel for export since around February/March and instead of the NNPC telling the Federal Government that this product is not brought out to be able to process as export, they say the oil was stolen.”

He explained that the argument of the Navy had been that the NNPC should tell people the difference between the oil that they have shut in and not brought out, and what is being stolen.

He added, “The stolen produce that we have been dealing with among illegal refineries is nothing compared to what the NNPC is declaring as being stolen.

“If you’re talking about stealing 100,000 barrels a day, you need about five-tonne batches 20 times a day from the creek to the high sea, which is very unrealistic.

“I told them at the NNPC that if that were to be the case, even a blind man would observe that something was happening in Nigeria’s waters and we are there on patrol and not seeing this.

“The only reasonable explanation why the fuels are not coming out is because the Shell platform on Bonny Island is not exporting and the Chevron terminal in Escravos is also not exporting.

“All these things are very clear, but because it is easier to say these things are stolen, then they just come up with that.

“Let’s get someone who can do proper analysis of these figures and we’ll find out that these claims are just bogus; there is nothing substantive about them.

“We have communicated appropriately with the NNPC; even at our last interface with them, they agreed with us; but when they come to the public, they say oil theft, hiding the fact from the public.”

Senator Yusuf Yusuf noted that at an oversight function, the NNPC said crude pipelines were being tapped from the pressure pipe under sea and crude oil was usually transferred from there into vessels, and this had been happening for nine years.

“Is the Navy aware or not of the taping going on under the sea?” Yusuf asked. 

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share11Tweet7SendShareShare2
Previous Post

Troops Kill 20 Bandits, Rescue 5 Kidnap Victims in Niger

Next Post

Gov. Ortom Denies Sending Thugs TO Attack LG Chairman At Rally

Related Posts

Covenant Varsity confirms death of 500-level student during football training

Covenant Varsity confirms death of 500-level student during football training

April 9, 2026
Buhari,Ministers To Attend 57th ECOWAS Summit

ECOWAS Commences Recruitment for over 30 Positions

April 9, 2026
Israeli military tag Journalist killed in Gaza Strike ‘Hamas militant’

Israeli military tag Journalist killed in Gaza Strike ‘Hamas militant’

April 9, 2026
First Ships Pass Through Strait Of Hormuz Since Ceasefire

First Ships Pass Through Strait Of Hormuz Since Ceasefire

April 9, 2026
Next Post
Benue Bans Xmas,New Year Picnic Related Activities

Gov. Ortom Denies Sending Thugs TO Attack LG Chairman At Rally

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.