Nigeria’s Buhari worried over large scale crude oil theft

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Nigeria’s Buhari worried over large scale crude...
 © CyprusMail 2022

Nigeria’s President Muhammadu Buhari expressed concern on Friday over large–scale crude oil theft, saying it was affecting the country’s revenues “enormously“.

Nigeria lost $1 billion in revenue during the first quarter of this year due to crude theft, the oil regulator has said.

Nigeria is unable to meet some of its financial obligations to its citizens due to the oil theft, Buhari told government workers who are requesting a pay increase to help deal with double-digit inflation.

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Article automatically added to our system on Friday, August 19, 2022

Nigeria’s Buhari worried over large scale crude oil theft


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Article Tags: #nigeria   #buhari   #worried   #large   #scale   #crude   #theft  


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