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30 Sep 2014 Govt may delay oil licensing until after elections
30 Sep 2014 Nigeria Earns N6.11 Billion From NGL Lifting in One Month
30 Sep 2014 Nigeria Loses N78 Billion to Crude, Petroleum Products Theft
30 Sep 2014 NNPC Retirees Seek Dissolution of Board
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 … securing the future of developing nations

Theft of oil costs oil companies, governments (and the communities they serve) hundreds of millions of dollars each year in Nigeria alone. In addition to loss of revenue, oil theft fuels violence and insecurity, feeds corruption, finances the purchase of weapons, corrupts youth, escalates youth unemployment, causes environmental pollution and destabilizes communal life.

The concept of oil certification follows the success of the “conflict diamonds” initiative and aims to hit the well-organised theft of oil by choking off the market for the stolen oil and interrupting the supply chain.
 
    
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