Organized Crime & Gangs

Nigeria lost over N1.5 trillion to attacks by Niger Delta militants, oil vandals in 2016

“The Nigerian Petroleum Development Company, NPDC, lost N1.5 trillion due to attacks on its facilities in 2016, an official has said. Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation, NNPC, stated this on Wednesday. In a statement signed by Ndu Ughamadu, Group General Manager, Group Public Affairs Division, Mr. Baru said that the exploration and production subsidiary of the corporation lost the amount due to attacks on its facilities from January till date.”

Source: Nigeria lost over N1.5 trillion to attacks by Niger Delta militants, oil vandals in 2016 – Premium Times Nigeria

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