Nigeria: FG spent $1.5bn to protect oil installations in four years

The Federal Government has invested over $1.5 billion since 2020 to protect Nigeria’s oil installations and combat crude oil theft.

This was disclosed by George Akume, the Secretary to the Government of the Federation (SGF), during a public hearing of the House of Representatives on crude oil theft.

Akume, represented by the Permanent Secretary, General Services, Maurice Nandi, expressed concern over the Nigerian Extractive Industries Transparency Initiative (NEITI) report, which…