It was further learnt that it is impossible for now to stop the smuggling of crude oil products across the country’s borders to neigbouring countries.
NNigeria lost $48 million to pipeline vandalism and crude oil theft between January and June, this year, it was learnt on Wednesday.
According to him, this year alone, the country has lost about $48 million worth of crude oil due to pipeline vandalism.He said in 2018 and 2019 alone, the country lost $825 million and $725 million, adding that the reduction was because of the increased surveillance by the security agencies.
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