The Senate-appointed ad hoc committee to investigate the oil theft and the resulting damage to the country’s economy said Tuesday Nigeria lost US$2 billion, or N$1.3 trillion, to oil theft between January and August this year have.
The Senate on April 14, 2022 established an ad hoc 13-member Committee on Oil Production, Theft and the Impact on Oil Production and Oil Revenues, chaired by Senator Akpan Bassey, who is also the committee chair. .
