Military Saved Nigeria From Losing N4bn To Oil Theft In Three Months— DHQ

By Babatunde Solanke

The military high command has disclosed that its operations across the Niger Delta region have denied oil thieves from stealing crude oil estimated at N4bn from the country.

The Director, Defence Media Operations, Maj. Gen. Edward Buba  made this disclosure in Abuja, the nation’s capital on Thursday during the quarterly briefing on the operations of the military across the country between June and August 2023.

Buba said within this period, over 6.6 million litres of stolen crude oil; 3.5 million litres of AGO; 200,000 litres of DPK, and over 65,000 litres of Premium Motor Spirits were recovered from oil thieves within the period under review.

 “Troops operations in the South-South geopolitical zone resulted in the arrest of the following; 6,652,250 litres of stolen crude oil, 3,558,325 litres of illegally refined AGO, 288,650 litres of DPK, and 65,600 PMS. All amounting to an estimated sum of N4bn denied to the oil thieves. Thus saving the nation from losing this money to economic saboteurs.”