About 400,000 barrels of crude oil is lost daily to theft, according to data from the federal government. The Minister of Environment, Mr. Mohammed Abubakar, at a town hall meeting on protecting oil and gas infrastructure, organised by the Ministry of Information and Culture, yesterday in Abuja, said statistics had supported Nigeria as the most notorious nation in the world for oil theft. Also at the event, the Minister of Information and Culture, Alhaji Lai Mohammed, said about N60 billion was being spent yearly by the federal government to repair vandalised pipelines He added that between January 2019 and September 2020, 1,161 pipeline points nationwide were vandalised. The other panellists at the meeting were the Minister of Niger Delta, Senator Godswill Akpabio, and Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari. Abubakar said Mexico, the second-worst affected country, only recorded between 5,000 and 10,000 […]