Nigerian Navy Recovered Million Worth Stolen Crude Oil

SEATTLE (Oil Monster): The interceptions by the Nigerian Navy has helped the country save millions. The disclosure was made by the outgoing Flag Officer Commanding (FOC) Western Naval Command, Rear Admiral Yakubu Wambai.

According to him, it has been instrumental in recovering stolen crude oil worth at least N200 million from two vessels, allegedly transporting crude oil from Niger Delta oil facility illegally.

The patrol ships deployed by the Navy led to the arrest of MV TOKONI, which was ladened with over 500 thousand litres of stolen crude oil worth about N281,708,450. It also arrested MT ALEXANDER J laden with 528.95MT of Premium Motor Spirit (PMS) and MT MV Platform Care 2 ladened with over 100 thousand litres of Automotive Gas Oil (AGO), Wambai said.

The actions by the Navy has also resulted in recovery of stolen petroleum products being smuggled at the creek of Ojodu Berger. In addition, it has also arrested suspects conveying illegally bunked petroleum products and suspected pipeline vandals.

There has been no cases of attacks in Nigerian waters over the past 20 months. Consequently, the International Maritime Bureau has removed the country from the list of nations of high piracy risks or robberies in international waters.