Navy Arrest 9 for N1bn Oil Theft

Nine suspected oil thieves have been arrested by the men of the Nigerian Navy in Bayelsa state.

The nine were arrested aboard a vessel laden with  66,000 barrels of suspected stolen crude oil.
The suspects were arrested through a tip-off at Ekremor field in Brass River area of Ekeremor Local Government Area of the state.

It would be recalled that naval authorities have constantly lamented the spate of oil theft going on in the area, saying that the Brass/Nembe axis of the Bayelsa waterways is now notoriously known as the bunkering zone of Nigeria.

The vessel, MT Dera 1, belonging to an oil exploration and production company, was said to have gone to the Ekremor field for product testing but was later discovered to have illegally loaded 66,000 barrels (11 million) litres of substance suspected to be crude oil.

Parading the nine-member crew on Friday, Commodore Salisu Jubril, put the value of the crude oil at over N1bn.



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