{"id":98778,"date":"2023-10-27T11:12:19","date_gmt":"2023-10-27T10:12:19","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/military-foils-n1-2bn-crude-oil-theft-as-production-increases"},"modified":"2023-10-27T13:31:53","modified_gmt":"2023-10-27T12:31:53","slug":"military-foils-n1-2bn-crude-oil-theft-as-production-increases","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases","title":{"rendered":"Military foils N1.2bn crude oil theft as production increases"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Defence Headquarters said on Thursday that troops in the last two weeks intercepted stolen crude worth N1.2 billion as Nigeria\u2019s oil production capacity increased in September.<\/p>\n<p>The Director, Defence Media Operations, Maj. Gen. Edward Buba said this on Thursday in Abuja while briefing journalists on the activities of the Military in the past two weeks.<\/p>\n<p>The Defence spokesperson vowed to incapacitate terrorists from conducting small-scale attacks on soft targets.<\/p>\n<p>He also said troops, during their operations, killed 73 terrorists, arrested 182, and rescued 68 hostages in one week.<\/p>\n<p>He said, \u201cThe ongoing counter-terrorism and counter-insurgency operations have prevented these evil elements from accomplishing their strategic objectives.<\/p>\n<p>\u201cThe Military will continue to degrade their ability to carry out small-scale attacks which are intended to create panic in localities.\u201d<\/p>\n<p>The director noted that the troops identified and destroyed 63 illegal refining sites containing 15 dugout pits, 45 boats, 87 storage tanks, 128 cooking ovens, one pumping machine, four outboard engines and arrested 14 suspected oil thieves.<\/p>\n<p>Buba added that the troops recovered 962,500 litres of stolen crude oil, 35,420 litres of illegally refined AGO, 38,450 litres of DPK, and 45,000 litres of PMS with an estimated value of N1, ,212,046,140.<\/p>\n<p>Oil theft had been a major challenge, depleting the country\u2019s oil production capacity.<\/p>\n<p>Meanwhile, the improved fight against oil theft had increased Nigeria\u2019s production capacity in September to 1.7 million barrels per day, up from the 1.1mbpd recorded in August.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Defence Headquarters said on Thursday that troops in the last two weeks intercepted stolen crude worth N1.2 billion as Nigeria\u2019s oil production capacity increased in September. The Director, Defence Media Operations, Maj. Gen. Edward Buba said this on Thursday in Abuja while briefing journalists on the activities of the Military in [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":98776,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,2530,254],"class_list":["post-98778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-crude-oil","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Military foils N1.2bn crude oil theft as production increases - Nigeria<\/title>\n<meta name=\"description\" content=\"The Defence Headquarters said on Thursday that troops in the last two weeks intercepted stolen crude worth N1.2 billion ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Military foils N1.2bn crude oil theft as production increases\" \/>\n<meta property=\"og:description\" content=\"The Defence Headquarters said on Thursday that troops in the last two weeks intercepted stolen crude worth N1.2 billion ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-27T10:12:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-27T12:31:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1698393466.421379.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"872\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Military foils N1.2bn crude oil theft as production increases\",\"datePublished\":\"2023-10-27T10:12:19+00:00\",\"dateModified\":\"2023-10-27T12:31:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases\"},\"wordCount\":249,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1698393466.421379.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"crude oil\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/military-foils-n1-2bn-crude-oil-theft-as-production-increases\",\"name\":\"Military foils N1.2bn crude oil theft as production increases - 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