10.07.14
FOR GOD AND COUNTRY
thursday
No. 2,220
N150
NIGERIA’S MOST INFLUENTIAL NEWSPAPER
Nigeria Tops Countries Most Plagued By Oil Theft – Report By Juliet Alohan, Abuja with
agency report
With the theft of an estimated 400,000 barrels of oil per day, equating to a revenue loss of about $1.7 billion a month
Loses $20.4bn annually
and $20.4 billion annually, Nigeria currently tops the list of countries most plagued by oil theft in the world.
Following Nigeria on the top five list of countries most
plagued by oil theft according to a report by oilprice.com are Mexico, Iraq, Russia, and Indonesia.
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The amount lost by Nigeria annually represents 7.7 per cent of the nation’s GDP vanishing, or more than the country spends on education ➔ CONTINUED ON PAGE 6
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Says he may seek Jonathan’s help if... ramadan timing Day 13 Abuja Magrib - 7.00 Alfijir - 4.58 Kano Magrib - 6.53 Alfijir - 4.52 Imam of National Mosque, Ustaz Musa Muhammad (middle) and other Muslim faithful, during the breaking of fast at the National Mosque in Abuja, yesterday. Photo by oyedele omokagbo
Kaduna Magrib - 6.57 Alfijir - 4.57 Lagos Magrib - 7.12 Alfijir - 5.15 Sokoto Magrib - 7.07 Alfijir - 5.05 Full table on page 5
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