Ultimate magazine theme for WordPress.

Navy recovers N10.7bn stolen crude oil, others in April

The Nigerian Navy on Wednesday said it recovered over N10.7 billion worth of crude oil stolen by economic sabourteurs in April 2022.

The Navy’s Director of information, Adedotun Ayo-Vaughan, made this known in a statement on Wednesday.

Giving a breakdown, the statement indicated that a total of 6,558,000 liters of Automotive Gas Oil(AGO) also known as diesel valued at 720/liter which equals N4,721,760,000 ; 16, 423, 414 liters (103,291.91 barrels) at $105/barrels of crude oil equals $10,845,650.55 (N5,965,107,802.5k); 319,150 liters of Dual Purpose Kerosene at N235/liter – N7,500,250 and 45,000 liters of Premium Motor Spirit at N165/liter – N7,425,000 were recovered.

The statement also indicated that a total of 650,000 liters of Sludge were recovered, 148 illegal refinery sites were deactivated, and 36 wooden boats were destroyed in April.

“From April 23 to April 30, 2022, being the fourth week of the Nigerian Navy-led Operation Dakatar Da Barawo, operation bases recorded remarkable achievements.

“Particularly, Nigerian Navy Ship SOROH at Yenagoa on April 23 during a patrol of Mbiama, Kiama and Sagbama axis discovered two empty tanker trucks close to Sagbama waterside which is neither a loading site nor a tank farm.

“The two trucks were therefore neutralized. Similarly, the base intercepted a market boat at the Odioma-Diema axis along Akassa- Brass route.

“The boat was laden with over 3,500 liters of suspected crude oil products concealed in drums and gallons which were subsequently evacuated to a riverbank and neutralized accordingly. In a related development, NNS DELTA in Warri on April 25, 2022, deactivated an illegal refining site around Sara creek in Warri southwest LGA.

“In summary, Week 4 of OPDDB witnessed the recovery of over 2,178,500 liters (13,703 barrels) of stolen crude oil, about 787,500,000 liters of AGO, and 20,000 liters of Kerosene all valued above N1.7 billion.

“Pertinently, concerning previous seizures and recoveries during OPDDB for April 2022, the Nigerian Navy denied oil thieves and economic saboteurs an estimated N10, 701,793,052.5k worth of crude oil and related products for the period under review,” the statement reads.

Leave A Reply

Your email address will not be published.