NNPCL Blames Crude Oil Theft On International Syndicates

25th August 2025

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bashir Ojulari has said that oil theft is not a localised crime but a sophisticated operation requiring cross-border collaboration to tackle effectively.

He stated that crude oil theft across Africa is driven by specialized international and continental gangs exploiting security lapses

The NNPC boss stated this on Monday in Abuja at the opening of the Africa Chief of Defence Staff Conference.

According to Ojulari, “Crude theft and its attendant illegal activities are by no means a purely localised occurrence; rather, these operations involve specialised international syndicates that take advantage of gaps within the state, national and continental security architecture to conduct illegal activities.”

READ MORE; Oil Sector Struggles as Government Reforms Reshape Energy Landscape

He commended the efforts of security agencies stating that crude theft and pipeline vandalism, especially within the oil-rich Niger Delta area of Nigeria, have become old occurrences.

He emphasised that, “Security forms a key pillar of the energy business and therefore plays a very important and strategic role in achieving national, regional and continental energy security goals.”

As the head of the largest national oil company on the continent, Ojulari, said, “We have seen the benefit of the collaboration within the energy space, with significant improvement in our operating environment” and increased crude oil output.

Idris Buba
Idris Buba
Correspondent

Hot this week

Nigeria has more people in poverty than China, Indonesia, Vietnam – Obi

Peter Obi, the former Labour Party presidential candidate, has...

FG declares Friday, Monday as Easter holidays

By Solomon OdeniyiThe Federal Government has declared Friday, April 18,...

NACA mourns Pope Francis

The National Agency for the Control of AIDS (NACA)...

Inflation Crisis Deepens as Rates Exceed 30% in Abuja, Ten Nigerian States

Inflation Crisis Deepens as Rates Exceed 30% in Abuja,...

Gombe women farmers decry post-harvest losses

By Chima AzubuikeSmall Scale Women Farmers Organisation in Nigeria, Gombe...

Analysts Review

Gas Explosion Claims Three Lives, Destroy Property in Ibadan

November 22, 2025A gas explosion has claimed the lives of three...

Crude Oil Prices Fall Week-on-Week With Slow Demand Optimism.

November 22, 2025The decline in crude oil prices has...

Exposure to 5G, Radiation Depreciates Human Wellness – Firm

 November 22, 2025 Culled from: Marketforces AfricaQNET, a global direct...

FG Postpones NAFEST 2025 Due To Rising Insecurity

November 22, 2025The 2025 festival of arts and culture...

NDLEA Intercepts 20kg Cocaine On Brazil-Bound Vessel In Lagos,

November 21, 2025The National Drug Law Enforcement Agency NDLEA,...

FG To Curb Illegal Award, Abuse Of Honorary Degrees.

November 21, 2025The Federal Government is set to put...

Dimmed Hope For U.S Fed Rate Cut Trigger Crude Oil Prices Fall

November 21, 2025Crude oil prices fell on Friday in...

Bitcoin Hit By Worst Monthly Fall Since 2022 Crypto Collapse 

November 21, 2025The world’s largest cryptocurrency fell as much...
spot_img

Related Articles

Popular Categories

spot_imgspot_img