NNPC Loses N51bn in 1,447 Pipeline Vandalism Cases in 5 Months

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  • Seeks collaboration with NSCDC

Dele Ogbodo in Abuja

The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mr. Maikanti Baru, on Wednesday said the corporation recorded 1,447 cases of pipeline vandalism between January and May this year. In the process, over N51 billion was lost, he said.

The wanton destruction of pipelines, he added, has led to loss of 109 million litres of petroleum products and 560,000 barrels of crude oil that should have gone to the refineries.

While lamenting the growing incidence of pipeline vandalism in the Niger Delta region in 2015 alone, he added that government lost over N51.28 billion through deliberate pipeline bursts by vandals.

Baru made the disclosure during a courtesy visit to the Commandant General, Nigeria Security and Civil Defence Corps (NSCDC), Abdullahi Muhammadu Gana, in Abuja.