The Nigerian National Petroleum Corporation (NNPC) has raised the alarm over the growing issue of oil theft, calling it a major threat to Nigeria’s economic stability and security.
The corporation outlined its ongoing challenges, including oil theft, emphasizing the urgent need for collective action to tackle this issue, which poses a significant threat to Nigeria’s economy. Speaking at a stakeholder engagement and capacity-building event for journalists, Chief Corporate Communications Officer (CCCO) of Nigerian National Petroleum Company (NNPC) Ltd, Femi Soneye, stressed that oil theft has become a critical problem requiring national attention and decisive action.
“If we don’t address the issue of oil theft, Nigeria is in serious trouble,” the officer stated emphatically, drawing attention to the stark reality that oil theft not only threatens national revenue but also undermines security. Soneye…
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