Nigeria is the largest crude oil producer in Africa, generating around 70% of Government revenues, but the country has suffered huge revenue losses from oil theft and attacks on pipelines. The Nigerian government says it will not pay for any new pipelines until its security forces are able to protect them. A report by Chatham House, published two years ago, estimated around 100,000 barrels per day were being stolen.
Nigeria is the largest crude oil producer in Africa, generating around 70% of Government revenues, but the country has suffered huge revenue losses from oil theft and attacks on pipelines. However, through the use of drones, companies like the Nigerian National Petroleum Corporation (NNPC) hope to end crude theft in the next eight months. A report by Chatham House, published two years ago, estimated around 100,000 barrels per day were being stolen.