The scale of the losses involved is daunting. Folake Shakirah Lawal, principal energy analyst at Pan Allen Energy in Abuja, cites a study by a Nigerian senate committee, which estimates that N1.3trn ($2.9bn) was lost from oil theft in the first eight months of 2022. That’s more than the total allocation to health in the proposed 2023 budget.
There's more to this story
Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
Already a a subscriber Sign In