Tuesday, October 23, 2012

Stop The Oil Theft

 The main buyers of the 180,000 barrels of oil that thieves steal from Nigeria each day are organised criminal networks in the Balkans, Singapore, Serbia, Ukraine, Bulgaria and top refiners in Singapore, according to a former presidential adviso, Dele Cole
He has launched a "Stop The Theft" campaign to end to the practice
"It's been a problem for a long time, but when it was 50,000 barrels, people thought it was tolerable. Now we're at a totally different level," he told Reuters news agency
The theft of 180,000 barrels of oil a day is costing Nigeria, at current oil prices, $6bn (£3.75) a year, BBC correspondent notes.

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