The Chairman of Heirs Holdings, Mr. Tony Elumelu, yesterday, disclosed that Nigeria lost $4 billion worth of crude oil to thieves in the first nine months of 2021. Among this, he stated, Heirs Oil and Gas lost 50,000 barrels of crude oil to thieves every day. Elumelu who disclosed this in a lecture he delivered to members of Course 30 of the National Defence College on the theme, Strategic Leadership: My Business Experience, described oil theft in the Niger-Delta as a national challenge. According to him, “we produce sometimes about 87,000 barrels per day, thieves take 50,000 per day and to me this requires a national seminar or dialogue. “In my view it is one of the highest levels of threat to our country because it’s so much money in the hands of people who don’t pay tax, people we don’t regulate, the country is not safe. They do […]