Oil.minister says country now losses 400,000 barrels every day Minister of State for Petroleum Resources, Dr Timipre Sylva, has said that the country loses 400,000 barrels of crude daily via oil theft. Platforms Africa reports that Sylva said this when he paid a courtesy visit on Governor Hope Uzodimma of Imo State at the Government House, Owerri. With the price of crude rallying at $100 per barrel, the 400,000 barrels loss figure amounted to $40 million on daily baisis, data compiled by Platforms Africa showed. READ ALSO Oil Theft: Fact…
Read MoreNigeria’s loss To Oil Theft Hits $40m Daily
