Tag: How Nigeria Lost N1.96trn To Crude Oil Theft in 2021- NEITI

    Nigeria Extractive Industries Transparency Initiative, NEITI, says Nigeria lost about N1.96 trillion to oil theft, sabotage and oil production adjustment in 2021. NEITI disclosed this in its recent 2021 Oil and Gas Sector Report. Accordingly, it explained that 68.47 million barrels of crude oil were lost in the year under review. Figures from…