The Nigerian Senate on Wednesday produced a report that found $303 billion in oil revenue from the past ten years is missing, much of it attributed to oil thieves who tap into pipelines and sell their stolen crude on the black market.
The report was compiled by the Senate Ad-Hoc Committee on Crude Oil Theft, headed by Sen. Ned Nwoko, who criticized the government for doing very little to analyze or prevent theft on a massive scale.
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