Oil
66% of Nigeria’s crude oil theft recorded in final quarter of 2025 – NUPRC
CEII brief
PM News Nigeria reported on 5 Nov 2026: 66% of Nigeria’s crude oil theft recorded in final quarter of 2025 – NUPRC.
Read the full story on PM News NigeriaNigeria lost 3.33 million barrels of crude oil to theft in 2025, with about 66 per cent of the losses recorded in the last three months of the ...
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © PM News Nigeria. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
