• About
  • Advertise
  • Privacy & Policy
  • Contact
The explainer
  • Home
  • Newsfeature
  • Politics
  • Big Story
    • Business
    • Development Story
  • Fake News Police
  • Opinion
  • Special Report
  • Top Videos
    • Photo Stories
  • Art
    • Music and Movies
    • Review
  • Sports
  • Editorial
  • Governance
    • Anti-corruption
    • Civic Projects
    • Community Development
    • Education
    • Elections
    • Gender Reporting
    • Health
    • Security
    • Human Rights
No Result
View All Result
  • Home
  • Newsfeature
  • Politics
  • Big Story
    • Business
    • Development Story
  • Fake News Police
  • Opinion
  • Special Report
  • Top Videos
    • Photo Stories
  • Art
    • Music and Movies
    • Review
  • Sports
  • Editorial
  • Governance
    • Anti-corruption
    • Civic Projects
    • Community Development
    • Education
    • Elections
    • Gender Reporting
    • Health
    • Security
    • Human Rights
No Result
View All Result
The explainer
No Result
View All Result
Home News Business

DHQ: Troops Recovered ‘Stolen’ Crude Oil Worth N1.3bn In Two Weeks

The Explainer by The Explainer
August 25, 2022
in Business
Reading Time: 2 mins read
0
DHQ: Troops Recovered ‘Stolen’ Crude Oil Worth N1.3bn In Two Weeks
Share on FacebookShare on Twitter

The Defence Headquarters (DHQ) says its troops in the Niger Delta recovered up to N1.3 billion worth of crude oil from “oil thieves” in the past two weeks

In a statement on Thursday, Musa Danmadami, director of the defence media operations, said the troops recovered over 3 million litres of automotive gas oil, 26,575 litres of premium motor spirit and 2,000 litres of dual-purpose kerosine.

RelatedPosts

How Nigeria’s Import Ban and Trade Restrictions Are Fueling a Fresh US Tariff Backlash

How Nigeria’s Import Ban and Trade Restrictions Are Fueling a Fresh US Tariff Backlash

April 9, 2025
Pascal Dozie:

Pascal Dozie: Architect of Modern Nigerian Banking and Telecoms, Dies at 85

April 8, 2025
NNPCL Overhaul: Tinubu Appoints New Board

NNPCL Overhaul: Tinubu Appoints New Board, CEO Amid Oil Sector Reforms

April 2, 2025

He said the troops of Operation Delta Safe, in collaboration with Operation Octopus Grip and Operation Dakar Da Barawo, conducted operational activities in creeks, villages, communities and towns; and in the process destroyed several illegal refining sites.

He added that the troops are not relenting but have continued the war against oil theft and illegal bunkering, and other criminal activities in the Niger Delta to sustain a conducive environment for economic activities to thrive in the region.

“Consequently, troops of Operation DELTA SAFE in the conduct of operations, OCTOPUS GRIP and Operation DAKAR DA BARAWO conducted operational activities in creeks, villages, communities and towns,” the statement reads.

“During the operation, troops also discovered and destroyed several illegal refining sites, which include 493 dugout pits, 512 storage tanks, 413 cooking ovens and 59 wooden boats. Also, troops recovered 4 tankers, 2-speed boats, one generator, one outboard engine, 14 pumping machines,

“3 AK47 rifles, Twenty Five Thousand Nine Hundred Seventy Seven and Fifteen (25,977.15) Barrel of crude oil, Three Million Two Hundred and Thirty-Six Thousand One Hundred and Thirty (3,236,130) litres of Automotive Gas Oil, Twenty Six Thousand Five Hundred and Seventy-Five (26,575) litres of Premium Motor Spirit and Two Thousand (2,000) litres of Dual Purpose Kerosine.

“Troops also arrested 21 pipeline vandals. All recovered items and apprehended oil thieves were handed over to the appropriate authorities for further action.

“Cumulatively, a total value of products denied oil thieves from the period in the review are One Billion Three Hundred and Thirteen Million Twenty Thousand Two Hundred Forty Two Naira (N1,313,020,242.00) only of crude oil, Two Billion Three Hundred Seventy Four Million Six Hundred and Seven Thousand Four Hundred and Seventy One Naira (N2,374,607,471.00) only of AGO, Four Million Six Hundred and Fifty Thousand Six Hundred and Twenty Five Naira (N4,650,625.00) only of PMS and Fifteen Million Nine Hundred and Eighty-One Thousand Naira (N15,981,000.00) only of DPK.

“Consequently, a grand total of Three Billion Seven Hundred and Eight Million Two Hundred and Fifty-Nine Thousand Three Hundred and Thirty-Eight Naira (N3,708,259,338.00) only was denied the oil thieves.”

According to Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria lost at least $1 billion in the first quarter of 2022 to oil theft.

Gbenga Komolafe, chief executive officer, NUPRC, said an unusual level of theft estimated at a daily average of 103,000 barrels recorded in 2021 had grown to 120,000 barrels in the first quarter of 2022.

Tags: Portable Gadgets
Previous Post

ExxonMobil, Shell, Chevron To Withdraw Multi-billion Dollar Suits Against NNPC

Next Post

Human Rights Lawyer Regains Freedom

The Explainer

The Explainer

Related Posts

How Nigeria’s Import Ban and Trade Restrictions Are Fueling a Fresh US Tariff Backlash
Agriculture

How Nigeria’s Import Ban and Trade Restrictions Are Fueling a Fresh US Tariff Backlash

April 9, 2025
Pascal Dozie:
Big Story

Pascal Dozie: Architect of Modern Nigerian Banking and Telecoms, Dies at 85

April 8, 2025
NNPCL Overhaul: Tinubu Appoints New Board
Big Story

NNPCL Overhaul: Tinubu Appoints New Board, CEO Amid Oil Sector Reforms

April 2, 2025
Fuel Scarcity Hits Niger Republic
Big Story

Fuel Scarcity Hits Niger Republic as Nigeria’s Border Fuel Ban Bites

March 18, 2025
NNPC Clarifies Termination of Naira-Based Crude Oil Deal
Big Story

NNPC Clarifies Termination of Naira-Based Crude Oil Deal with Dangote Refinery

March 11, 2025
How Nigeria's External Debts Affect Its Citizens
Big Story

How Nigeria’s External Debts Affect Its Citizens

March 5, 2025
Next Post
Human Rights Lawyer  Regains Freedom

Human Rights Lawyer Regains Freedom

Agricultural Development: Nigeria MP Blames Migration In ECOWAS States on Food Insufficiency

Agricultural Development: Nigeria MP Blames Migration In ECOWAS States on Food Insufficiency

ICT Contributes Unprecedented  18.44% to Nigeria’s GDP

ICT Contributes Unprecedented 18.44% to Nigeria’s GDP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

    • Trending
    • Comments
    • Latest
    FACT CHECK: Has Burkina Faso Paid Off Its National Debt?

    FACT CHECK: Has Burkina Faso Paid Off Its National Debt?

    February 10, 2025
    Fact Check: Did EFCC Discover $800 Million At Ikpeazu’s Home?

    Fact Check: Did EFCC Discover $800 Million At Ikpeazu’s Home?

    February 20, 2024
    Fact Check: Did President Tinubu Reject BBC Documentaries Against Prophet TB Joshua?

    Fact Check: Did President Tinubu Reject BBC Documentaries Against Prophet TB Joshua?

    January 16, 2024
    FACT CHECK: Did South Africa Suspend All American Businesses and Halt Mineral Exports to the United States?

    FACT CHECK: Did South Africa Suspend All American Businesses and Halt Mineral Exports to the United States?

    February 18, 2025
    Excessive Electricity Bills: Jos DISCO Blames Exchange Rate

    Excessive Electricity Bills: Jos DISCO Blames Exchange Rate

    22

    COVID-19 Lock Down: Government Silent As CSOs Demands For Accountability Grow

    18

    Fake News On 60 Day Extension Of Lockdown Debunked

    12
    The 'Frivolous' Suits To Halt Tinubu's Inauguration

    42 Days to Inauguration, Tinubu ‘shelters’ Overseas

    12
    US Mass Deportations Undermine Global Human Rights Norms

    US Mass Deportations Undermine Global Human Rights Norms, Civil Society Coalition Warns

    May 8, 2025
    What the 2025 UTME Results Reveal About a System in Crisis

    Beyond the Scores: What the 2025 UTME Results Reveal About a System in Crisis

    May 6, 2025
    How to Spot and Avoid NDDC Scholarship Scams

    How to Spot and Avoid NDDC Scholarship Scams

    May 5, 2025
    CAF U-20 AFCON: Nigeria's Flying Eagles Face Must-Win Match Against Kenya"

    CAF U-20 AFCON: Nigeria’s Flying Eagles Face Must-Win Match Against Kenya

    May 5, 2025

    Recent News

    US Mass Deportations Undermine Global Human Rights Norms

    US Mass Deportations Undermine Global Human Rights Norms, Civil Society Coalition Warns

    May 8, 2025
    What the 2025 UTME Results Reveal About a System in Crisis

    Beyond the Scores: What the 2025 UTME Results Reveal About a System in Crisis

    May 6, 2025
    How to Spot and Avoid NDDC Scholarship Scams

    How to Spot and Avoid NDDC Scholarship Scams

    May 5, 2025
    CAF U-20 AFCON: Nigeria's Flying Eagles Face Must-Win Match Against Kenya"

    CAF U-20 AFCON: Nigeria’s Flying Eagles Face Must-Win Match Against Kenya

    May 5, 2025
    The explainer

    The Explainer does not stop at stenographic reportage of the news; it goes beyond the strictures and the sensations of news headlines to provide insight to ensure the public discourse in Nigeria benefits from fact-based and informed analysis. Using multi-media and innovative content production and dissemination strategies, the platform will focus exclusively on producing and disseminating feature stories, special reports, opinion editorials, analysis and perspectives to inform citizens and advocate to policy makers about issues of governance at all levels.

    Follow Us

    Contact Us

    theexplainernigeria@gmail.com

    +2348086985104

    Recent News

    US Mass Deportations Undermine Global Human Rights Norms

    US Mass Deportations Undermine Global Human Rights Norms, Civil Society Coalition Warns

    May 8, 2025
    What the 2025 UTME Results Reveal About a System in Crisis

    Beyond the Scores: What the 2025 UTME Results Reveal About a System in Crisis

    May 6, 2025
    • About
    • Advertise
    • Privacy & Policy
    • Contact

    © 2024 Designed by - Pluxmedia Network.

    No Result
    View All Result
    • Home
    • Newsfeature
    • Politics
    • Big Story
      • Business
      • Development Story
    • Fake News Police
    • Opinion
    • Special Report
    • Top Videos
      • Photo Stories
    • Art
      • Music and Movies
      • Review
    • Sports
    • Editorial
    • Governance
      • Anti-corruption
      • Civic Projects
      • Community Development
      • Education
      • Elections
      • Gender Reporting
      • Health
      • Security
      • Human Rights

    © 2024 Designed by - Pluxmedia Network.