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    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
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    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
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    Ogochukwu Ndubuisi
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    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.

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