Browsing Category

Oil & Gas

Nigeria loses $5b yearly to crude oil theft

Nigeria reportedly loses about $5 billion to oil bunkering. Some suspects have been arrested by the Nigerian security authorities for operating illegal oil bunkering in some parts of the country. According to a News Agency of Nigeria…

Remove ex-refinery levy – Court of Appeal

High Court order which had directed it in November 2011 to remove levies im­posed on petroleum products, the court, in a unanimous decision, held that the NPA failed to convince it to stay the lower court's order. The court, presided over…