April 17, 2016 - 1:21 AM EDT
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Oil Theft - Navy Caught 25 Ships in 7 Months

The Eastern Naval Command (ENC) of the Nigerian Navy has disclosed that for the past seven months, the command has arrested 25 ships conveying adulterated crude oil and other stolen products along the Calabar-Oron waterways.

Outgoing Flag Officer Commanding (FOC), ENC, Rear Adm. Atiku Abdulkadir, stated this in Calabar, yesterday, while handing over to the new FOC, Rear Adm. James Oluwole.

He said: "In the last seven months, we have arrested a total of 25 ships, include tug boats, Cotonou boats and a good number of oil thieves. The Command also destroyed many illegal refineries on a daily basis."

Recalling some of his challenges and successes, he said the destruction of the vessels were done in line with the Nigerian Navy's mandate, which include clampdown on crude oil theft and illegal refineries.

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Source: Equities.com News (April 17, 2016 - 1:21 AM EDT)

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