By Evabeta Tega
The Nigerian Navy on Tuesday said it has achieved a drastic reduction in oil theft in the country from 2.4 million to 300,000 barrels per month by June, 2015.
The Navy’s claim represents a total of 87.5 per cent reduction in the theft of the nation’s oil resources in the maritime domain.
The former Chief of Naval Staff, Vice Admiral Usman Jibrin, made the comment while handing over the leadership of the service to his successor, Rear Admiral Ibok-Ete Ibas, in Abuja on Tuesday.
Jibrin advised his successor, who according to him was in his team, to sustain the tempo of achievements recorded by the Navy by ensuring total elimination of the theft of the nation’s crude oil resources.