NNPC reacts to reports 48 million oil barrels stolen from Nigeria

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NNPC

NNPC reacts to reports 48 million oil barrels stolen from Nigeria

The Nigerian National Petroleum Corporation (NNPC) has denied the claim of 48 million barrels of crude oil allegedly stolen from Nigeria and stored in China in 2015.

The denial is contained in the corporation’s reply to a letter by a firm, Samano Sa De CV and its officials – Ramirez and Jose Salazar Tinajero – who had demanded $125m as compensation for providing information about the alleged theft of the crude oil.

NNPC’s letter signed by the corporation’s lawyer, Mr Kehinde Ogunwumiju (SAN) of Afe Babalola & Co., was dated July 30, 2020 and addressed to Samano Sa De CV’s counsel, Mr Gboyega Oyewole (SAN).

Ogunwumiju stated that the firm’s claim in its letter dated July 23, 2020 sent to the NNPC was “not only unfounded but frivolous”.

He described firm’s claim as part of “a gold-digging scheme” aimed at “blackmailing and extorting money from our client and the Federal Government of Nigeria”.

The NNPC’s lawyer stated, “We wish to emphatically and unequivocally state for the record that our client vehemently denies your client’s claim that it provided any information to NNPC or the Federal Government of Nigeria which information led to the identification and/or recovery of 48 million barrels of stolen Nigerian Bonny Light Crude Oil stored in the People’s Republic of China.

“Accordingly, it is our client’s position that your client is not entitled to the payment of five percent (5%) of the value of the allegedly stolen crude or any amount whatsoever as compensation for information it purportedly gave to the Federal Government of Nigeria in respect of the said stolen crude stored in the People’s Republic of China.”



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