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The Nigerian Army Will Help To Protect Our Assets – NNPC

The Nigerian National Petroleum Corporation (NNPC)

The Nigerian National Petroleum Corporation (NNPC)

Nigeria crude oil production loses 200,000 barrels of crude oil daily to theft and vandalism every year, reports has said.

This is coming after NNPC recently hailed the security agencies for their support, and called for more protection for NNPC’s operational assets and personnel.

According to him, even if petroleum products theft on the System 2B Pipeline has reduced considerably due to support from the security agencies, Nigeria is still suffering from the wicked act.

He then added that things will definitely improve in the nearest future, because the Armed Forces of Nigeria is ready to collaborate with NNPC to protect its assets.

His words, “Though petroleum products theft on the System 2B Pipeline has reduced considerably due to support from the security agencies, but the nation is still losing about 200,000 barrels of crude oil daily to theft and vandalism.”

“We have two sets of losses, one coming from our products and the other coming from crude oil.”

“In terms of crude losses, it is still going on. On average, we are losing 200,000 barrels of crude every day.”

“I am delighted that you made this effort, and I tell you that the Armed Forces of Nigeria will collaborate with you to protect NNPC’s assets.”

“There is a need for collaboration between the NNPC and the Armed Forces to protect oil and gas facilities which he described as the critical national assets.”

“It is my intention to cooperate maximally with you and to give necessary instructions to all officers in the Armed Forces given that our existence, economically, rests almost solely on the NNPC, and to that extent, we must do everything possible to give you everything that you require.”



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