We've stopped more than three million barrels of crude oil theft in five years – NSA Monguno
National Security Advisor (NSA) Babagana Monguno said the federal government prevented the theft of more than three million barrels of crude oil between August 2018 and January 2023.
Mr. Monguno said the crime was perpetrated in the Exclusive Economic Zone (EEZ) of Nigeria up to the Republic of Togo.
He said this at the Nigeria Oil Theft and Loss Stakeholders Conference convened by the Nigeria Oil Theft and Loss Investigation Task Force on Tuesday in Abuja.
Mr. Monguno, a retired major general, said the security agencies have embarked on a series of intelligence-led maritime security measures and are using the "Falcon Eye System", a high-tech installation of intelligence in time. real on maritime domain awareness that is coordinated with the NSA.
According to him, the facilities and initiatives have facilitated the prosecution of more than 200 vessels involved in maritime crime and the recovery of approximately 11 million liters of gasoline and diesel in five years.
“I have also ordered that the Falcon Eye System – a high-tech, real-time maritime domain awareness intelligence facility domiciled with the Nigerian Navy and coordinated by the Office of the National Security Adviser, fully engage to address this emerging concern.< /p>
“Between August 2018 and January 2023, the facility facilitated the pursuit of over 200 vessels involved in maritime crime in Nigeria’s Exclusive Economic Zone (EEZ) to the Republic of Togo.
"In addition, 83 oil tankers implicated in various thefts of crude oil and products were arrested, while the theft of more than 3 million barrels of crude oil was averted and 11 million liters of gasoline and diesel were recovered.
Mr. Monguno said attacks on oil production facilities have led to several shutdowns at some international oil companies in the country.
This, he argued, resulted in a loss of revenue and, by implication, negated the government's ability to generate the resources needed to meet its statutory responsibilities to the citizens.
“Currently, crude oil theft is arguably the greatest threat to the Nigerian economy. reception, among other concerns.
Nigeria struggles to produce 60% of 2 million barrels of oil a dayMinister of State for Petroleum Resources, Timipre Sylva, said the country was unable to produce even 60% of the two million barrels of oil a day it produced 30 years ago.
This, he said, was the result of the threat of oil theft and bunkering in the country.
According to him, the federal government has hired private security companies in conjunction with other security organizations like Pipeline Infrastructure Nigeria Limited (PINL) and Tantita Security Nigeria to help increase oil production.
He said that since their collaboration, many illegal oil robber camps and bunkering sites by oil thieves have been discovered in various sections of the Niger Delta region.
PREMIUM TIMES reported how
National Security Advisor (NSA) Babagana Monguno said the federal government prevented the theft of more than three million barrels of crude oil between August 2018 and January 2023.
Mr. Monguno said the crime was perpetrated in the Exclusive Economic Zone (EEZ) of Nigeria up to the Republic of Togo.
He said this at the Nigeria Oil Theft and Loss Stakeholders Conference convened by the Nigeria Oil Theft and Loss Investigation Task Force on Tuesday in Abuja.
Mr. Monguno, a retired major general, said the security agencies have embarked on a series of intelligence-led maritime security measures and are using the "Falcon Eye System", a high-tech installation of intelligence in time. real on maritime domain awareness that is coordinated with the NSA.
According to him, the facilities and initiatives have facilitated the prosecution of more than 200 vessels involved in maritime crime and the recovery of approximately 11 million liters of gasoline and diesel in five years.
“I have also ordered that the Falcon Eye System – a high-tech, real-time maritime domain awareness intelligence facility domiciled with the Nigerian Navy and coordinated by the Office of the National Security Adviser, fully engage to address this emerging concern.< /p>
“Between August 2018 and January 2023, the facility facilitated the pursuit of over 200 vessels involved in maritime crime in Nigeria’s Exclusive Economic Zone (EEZ) to the Republic of Togo.
"In addition, 83 oil tankers implicated in various thefts of crude oil and products were arrested, while the theft of more than 3 million barrels of crude oil was averted and 11 million liters of gasoline and diesel were recovered.
Mr. Monguno said attacks on oil production facilities have led to several shutdowns at some international oil companies in the country.
This, he argued, resulted in a loss of revenue and, by implication, negated the government's ability to generate the resources needed to meet its statutory responsibilities to the citizens.
“Currently, crude oil theft is arguably the greatest threat to the Nigerian economy. reception, among other concerns.
Nigeria struggles to produce 60% of 2 million barrels of oil a dayMinister of State for Petroleum Resources, Timipre Sylva, said the country was unable to produce even 60% of the two million barrels of oil a day it produced 30 years ago.
This, he said, was the result of the threat of oil theft and bunkering in the country.
According to him, the federal government has hired private security companies in conjunction with other security organizations like Pipeline Infrastructure Nigeria Limited (PINL) and Tantita Security Nigeria to help increase oil production.
He said that since their collaboration, many illegal oil robber camps and bunkering sites by oil thieves have been discovered in various sections of the Niger Delta region.
PREMIUM TIMES reported how
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