Nigeria lost 3.3m barrels to oil thieves in 2025 – NUPRC
Nigeria lost 3.33 million barrels of crude oil to theft in 2025, a new report by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shown. Read More: https://punchng.com/nigeria-lost-3-3m-barrels-to-oil-thieves-in-2025-nuprc/
In 2025, Nigeria lost 3.33 million barrels of crude oil to theft, with 65.8% of the reported losses occurring in the final quarter of the year, according to the Nigerian Upstream Petroleum Regulatory Commission's (NUPRC) annual report. The N2.14tn decline in revenue collection was attributed to the surge in oil theft, despite increases in revenue from gas flare penalties, signature bonuses, and concession rentals.
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