Nigeria Bars 113 Vessels From Lifting Its Crude Oil

Nigeria Bars 113 Vessels From Lifting Its Crude Oil

President Muhammadu Buhari has blacklisted 113 vessels from lifting Nigerian crude oil as part of an effort to sanitize Nigeria’s oil industry plagued by corruption, crude theft and massive fraud.

A memo that originated from the Nigerian National Petroleum Corporation (NNPC) disclosed that President Muhammadu Buhari had directed the country’s oil corporation to bar 113 vessels from lifting Nigeria crude oil from 27 designated terminals.

The memo, which was signed by the NNPC’s group managing director, G.O Komolafe, directed affected terminals to prevent the vessels from lifting crude oil within Nigeria’s territorial waters until further notice.

Original Source: Saharareporters

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