Nigeria loses 400,000 barrels of oil to thieves daily – Osinbajo


Vice President Yemi Osinbajo has said that Nigeria is losing about 400, 000 barrels of oil, amounting to about N4.8 billion daily to thieves.
Osinbajo, who made the remark at the 10th Anniversary of Crescent University, Abeokuta, where he delivered a lecture titled “Nigerian Economy and the Future,” said while Nigeria loses 400,000 barrels of oil daily, a country like Ghana survives on less than 150, 000 barrels per day.
Osinbajo was speaking about the new government’s plan to revamp the economy and increase power supply.
“The militancy in the south has also reduced oil production significantly and that is why any form …Read More

Source:: New Mail