Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Energy Crisis Worsens, Oil Tops $110 Briefly on Supply Risk

    October 17, 2026

    Nvidia Tokenised bStocks Down as AI, Tech Stocks Lose $1trn

    October 17, 2026

    Fitch Revises Lagos State’s Outlook to Positive

    October 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Energy Crisis Worsens, Oil Tops $110 Briefly on Supply Risk
    • Nvidia Tokenised bStocks Down as AI, Tech Stocks Lose $1trn
    • Fitch Revises Lagos State’s Outlook to Positive
    • XRP Trades at 54% Below Target Price – Dip Buyers Alert
    • Bitcoin Price Declines as Strategy Inc. Faces MSCI Index Deletion
    • NCC Launches Internet Governance Working Group to Strengthen Online Safety and AI Accountability
    • GCR Affirms Sterling Bank’s Ratings With Stable Outlook
    • Enugu Govt Approves Payment of N32bn Gratuity Arrears From 2000
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, October 17
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Navy Intercepts Boat Laden with 100,000 litres of Stolen Crude Oil in Ondo

    Navy Intercepts Boat Laden with 100,000 litres of Stolen Crude Oil in Ondo

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiDecember 26, 2024Updated:December 26, 2024 News No Comments2 Mins Read
    Navy Intercepts Boat Laden with 100000 litres of Stolen Crude Oil in Ondo Navy Intercepts Boat Laden with 100,000 litres of Stolen Crude Oil in Ondo
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Navy Intercepts Boat Laden with 100,000 litres of Stolen Crude Oil in Ondo

    The Nigerian Navy, Forward Operating Base (FOB), Igbokoda, has intercepted a boat laden with about 100,000 litres of stolen crude oil at the Idiogba-Mahin coastline in Ilaje Local Government Area of Ondo.

    Capt. Aliyu Usman, the Commanding Officer of the base made this known to journalists on Thursday during an assessment visit to the site. Usman said that the Naval team acted on credible intelligence and deployed its Quick Response Team.

    He said the team intercepted the wooden boat with the stolen crude oil and items used for bunkering activities such as discharge hoses and pumping machines.

    The commanding officer said that the perpetrators of the crime fled on sighting the response team.

    “In the process, the team intercepted a large wooden boat laden with about 100,000 litres of stolen crude oil, alongside associated accessories such as discharge hoses and pumping machines.

    “The perpetrators fled on sighting the Naval team but the arrested boat was thereafter secured.

    “Accordingly, a sample of the crude oil was taken for appropriate laboratory test while the boat and the product were handled in line with extant directives,” Usman said.

    Residents of the community were later sensitised on the dangers and implications of playing host to illegal bunkering activities to their security and environment. Navy Intercepts Boat Laden with 100,000 litres of Stolen Crude Oil in Ondo Nigeria Treasury Bills Yield Steadies Ahead of Auction

    NAVY oIL Ondo
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    Energy Crisis Worsens, Oil Tops $110 Briefly on Supply Risk

    Nvidia Tokenised bStocks Down as AI, Tech Stocks Lose $1trn

    Fitch Revises Lagos State’s Outlook to Positive

    XRP Trades at 54% Below Target Price – Dip Buyers Alert

    Bitcoin Price Declines as Strategy Inc. Faces MSCI Index Deletion

    NCC Launches Internet Governance Working Group to Strengthen Online Safety and AI Accountability

    Add A Comment

    Comments are closed.

    Editors Picks

    Energy Crisis Worsens, Oil Tops $110 Briefly on Supply Risk

    October 17, 2026

    Nvidia Tokenised bStocks Down as AI, Tech Stocks Lose $1trn

    October 17, 2026

    Fitch Revises Lagos State’s Outlook to Positive

    October 17, 2026

    XRP Trades at 54% Below Target Price – Dip Buyers Alert

    October 17, 2026

    Bitcoin Price Declines as Strategy Inc. Faces MSCI Index Deletion

    October 17, 2026
    Latest Posts

    Energy Crisis Worsens, Oil Tops $110 Briefly on Supply Risk

    October 17, 2026

    Nvidia Tokenised bStocks Down as AI, Tech Stocks Lose $1trn

    October 17, 2026

    Fitch Revises Lagos State’s Outlook to Positive

    October 17, 2026

    XRP Trades at 54% Below Target Price – Dip Buyers Alert

    October 17, 2026

    Bitcoin Price Declines as Strategy Inc. Faces MSCI Index Deletion

    October 17, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.