Bloomberg News

Nigeria Theft Costs 180,000 Barrels of Oil a Day, ThisDay Says

May 25, 2012

Nigeria loses 180,000 barrels of crude worth $16.3 million a day because of theft and the illegal supply of fuel to ships, ThisDay newspaper reported, citing Austen Oniwon, the managing director of the state-owned Nigerian National Petroleum Corp.

To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net

To contact the editor responsible for this story: Dulue Mbachu at dmbachu@bloomberg.net


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