NEITI: Nigeria lost $3.3bn to oil theft in 2022
The Nigerian Extractive Industries Transparency Initiative (NEITI) has revealed that the country lost 13.5 million barrels of crude oil valued at $3.3 billion to theft and sabotage in 2022. Ogbonnaya Orji, Executive Secretary of NEITI, disclosed this on Thursday at the 2025 Association of Energy Correspondents of Nigeria (NAEC) conference in Lagos. “In 2022 alone, […]