Nigeria lost over N1.5 trillion to attacks by Niger Delta militants, oil vandals in 2016

Armed militants 
Photo: Buzz Nigeria
Armed militants Photo: Buzz Nigeria

The Nigerian Petroleum Development Company, NPDC, lost N1.5 trillion due to attacks on its facilities in 2016, an official has said.

Maikanti Baru, the Group Managing Director, Nigerian National Petroleum Corporation, NNPC, stated this on Wednesday.

In a statement ‎signed by Ndu Ughamadu, Group General Manager, Group Public Affairs Division, Mr. Baru said that the exploration and production subsidiary of the corporation lost the amount due to attacks on its facilities from January till date.

Mr. Baru disclosed this when he declared open the 2016 NNPC Security Awareness week with the theme:‎ “NNPC Security: A Task for All Stakeholders”.

He ‎lamented the rising spate of criminality in the society at large and in the oil and gas industry in particular leading to loss of much needed revenue.

”At industry level, we are all conversant with the seriousness and frequency with which national assets in form of pipelines, flow stations are vandalised and crude oil and white products stolen with impunity.‎

”In 2016, January to date for example, NPDC alone recorded 59 security incidents resulting in crude production shut down/deferment and revenue loss of over N1.5 trillion,” he said.‎

PREMIUM TIMES reported several such attacks, most carried out by the Niger Delta Avengers, an armed group in the oil producing region. The attacks reduced Nigeria’s oil production and export by about 50 per cent and also affect power generation as gas supply to power plants for cut.

Mr. Baru urged all Nigerians to do everything possible to help protect national assets, adding that governments at various levels were working to fight criminality.

He assured staff that security was a focal point off his administration and that success could only be achieved when all stakeholders imbibed the consciousness that security was a task for everyone.

”At corporate level, you are all aware that the first item on my 12 Focus Areas is security.

”This is in recognition of the imperative that without assurances of safety, NNPC, the oil and gas industry, and indeed the country cannot achieve appreciable growth to assure citizens of decent and productive lives,” he said.

Mr. Baru also launched the Corporation’s Kidnap for Ransom Policy to raise staff awareness on the need to avoid actions that predispose them to being kidnapped, especially at a time like this when kidnapping for ransom had become rampant.

He charged all staff to participate actively in the activities of the Security Awareness Week to imbibe ideas that could help them not only on personal security but also on the protection of national assets.


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  • Lt. Col. Nemesis Mariam

    Nigeria had ample time to diversify its economy but failed to do so.
    This is what happens when a country depends on just one finite commodity.
    It actually will get worse when the oyel wells dry up.
    I do not have any sympathy for all who suffered deprivation under the current dispensation.
    This is a wake up call,

  • Larry

    To avoid further attacks, return the country to True Federalism as it was before 1966.

  • Izon Redeemer

    The regional oil thieves from the old regions of Nigeria are now counting their loses concerning the theft of the crude oil resource of the people of the South south……………………Since oil was discovered in the Niger Delta town of Oloibiri…in 1956 the people have not benefitted from the proceeds of the black gold—————–it is the Fulanis —–Yorubas———-and Ibos who own the oil wells in the SS———-That which is left for the Ijaws among other ethnic groups in the SS– to reap are the polluted rivers and farm lands in the creeks—————-Sadly it was in the same Nigeria……that the Yorubas alleged to have found oil…in their adopted state –Lagos——————–that were encouraged by the Fulanis to take charge of their oil wells through Falawiyo———–Again not one Niger Deltan has an oil rig or oil wells—–to their name in the entire SS—————Yet the Fulani ati Yoruba and Ibo surrogates are often quick to blame the short fall in oil production to the activities of Militants—————————But not Fulani General like Danjumah and Atiku among other Fulanis like Dangote—- stealing our crude oil in the SS————-of————Nigeria—————Separation is the only way out————————not this Fulani blame game

    • marc umeh

      The sad fact is that in the struggle against nigeria , the niger deltans are destroying not just their environment but more importantly the soul of their race. Now they have the most guns, the most beheaders , kidnappers etc. Work ethics gone.
      It will not be easy to turn back this clock.

      • FuzzyLogic

        These vices will spread to the rest of Nigeria sooner or later. It was the oppressive actions of the Federal government that gave rise to these vices. Remember kidnapping started there and now it has spread to every nook and corner of the country. So the repressive actions of the government there impacts all Nigerians negatively. So don’t think that you are insulated.

  • FreeNigeria

    Nigerians need true orientation to clean their minds and brains from this must get rich at all cost syndrome. This syndrome is destroying the country and everything in it. Our greed knows no bound. Lets be patriotic, loving and be our brother’s keeper.

    • larry

      This is the time to fight for your right and not plead for your right. Fight, man.

      • FreeNigeria

        Lol, its easy to start a fight, but not easy to end or predict the outcome, neither is their a winner.

        • FuzzyLogic

          Sometimes it is more honorable to fight and lose than to run away to ‘safety’ like Brig. Babafemi Ogundipe.

  • The economic loss is nothing compared to the loss of human lives in the delta. A diplomatic dialogue could have saved us from this carnage. This is an indictment of a bad leadership at the federal level. Buhari should be held responsible.

  • Femi

    “Chasing a rat while one’s house is on fire”; “burning down your house in order to kill a rat”. Just choose any of the two african proverbs and it’ll qualify the government’s disposition towards the niger delta. I did warn that this was going to be the case before and after Buhari became president but with a caveat depending on his handling/mishandling of the situation. As it turned out, he’s mishandled it. No surprises there. If the only tool you have is a hammer, all problems become nails. The man is not cerebral enough, neither does he posses the skillset and sagacity required to lead a diverse/complicated entity like Nigeria. Sad that we are all bearing the brunt of his misadventure. Yar’Adua engendered peace in the region and Jonathan sustained it. Buhari came with his bull in a china shop approach and dabarued everything.. Now, na all of we dey hear the nwii – hailers and wailers alike..

  • Really

    But black waters and Buratai took care of this problem long ago. What then happened?

  • FuzzyLogic

    This is absolute lie. The oil is still under the ground. But to plunderers, anything that they can not lay their hands on today is considered a loss. If you believe this government lie, then you are one of the plunderers.