• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Sunday, April 19, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home News

Nigeria’s Stolen Crude Sold In China At $2.4b Raises Dust

Elanza by Elanza
April 11, 2023
in News
0
Nigeria’s Stolen Crude Sold In China At $2.4b Raises Dust
0
SHARES
23
VIEWS
FacebookTwitterWhatsappEmailTelegram

About 48 million of Nigeria’s crude oil Barrels that were stolen and sold in China at about $2.4 billion dollars has sparked a protest at the premises of the legislative arm of the country.

Nigeria is known for persistent crude oil theft. The organised crime cannot be undertaken by people outside corridors of power since it involves settling the security networks, host community and deliberate connivance with shipping companies.

RelatedPosts

Jukun Youths Rally for Peace as Wukari Hosts Landmark Cultural Day

Hajj: Group Demands NAHCON Committee Over Animal Sacrifice Scams

Iran Shuts Hormuz Strait, Blames US

While the country is getting more poor people, Nigerians in positions of authority that are supposed to investigate these atrocities seem to be making a fortune out of it illegitimately.

Hundreds of George Uboh Whistleblowers Network stormed the main entrance to the National Assembly, Nigeria’s legislative branch, protesting against Hon Mark Gbillah led Ad-hoc Committee of the House of Representatives.

The committee is investigating the alleged 48 million barrels of stolen crude oil that was later sold in China.

But the protesters are against such a committee because according to them, nothing good has come out of it.

Reading a statement during the protest, Umoh said the Hon Mark Gbillah led Ad -hoc committee on illegal sale of 48 million barrels of stolen crude oil, later sold in China at $2.4 billion, was unnecessary since the matter is already in court.

The protesters led by Ambassador Joseph Peter Umoh, carried banners and placards with inscriptions denouncing the setting up of the Ad-hoc committee by the House of Representatives when the crime, according to them, is already being litigated against in the court of law.

ALSO READ:  Court to hear suit filed by scavengers, beggars against Wike May 29

Reading a statement during the protest, Umoh said the Hon Mark Gbillah led Ad -hoc committee on illegal sale of 48 million barrels of stolen crude oil, later sold in China at $2.4 billion, was unnecessary since the matter is already in court.

He said as Whistleblowers , they blew open the stolen crude oil and illegal sales in China to Hon Mark Gbillah and Nigerians generally .

Umoh said rather than carry them along in the planned investigation, decided to do it alone, raising suspicion on vested interests.

“The whistleblowers who furnished Hon Mark Gbillah the information germane to the 48 million barrels of crude oil stolen did not file any petition to the National Assembly for any investigation or hearing, nor were they called as witnesses to testify during the hearing.

“Because Gbillah did not follow this sacrosanct due process, the purported public hearing by the Ad – hoc committee is a sham predicated on unilateral action driven by greed.

“Therefore we, the whistleblowers at this protest, authoritatively assert that the National Assembly does not hear or deliberate on any matter in court.

“Two different competent courts of jurisdictions, are already handling the case filed against the Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited ( NNPCL), Mele Kyari to account for proceeds from the stolen crude oil which are roughly estimated to be $2.4billion at $50 per barrel and $4.8 billion at $100per barrel.

“Hon Gbillah led the Ad-hoc Committee of the House of Representatives, should therefore hands off the matter by not sitting or carrying out any public hearing on it “, he said.

ALSO READ:  Man Butchers Three Siblings to Death with Machete in Ondo

When told that the Ad- hoc committee was not set up by Hon Gbillah himself but leadership of the House of Representatives, Umoh said the protest was staged for the leadership to know the futility of its action on the committee.

Tags: Stole Oil
Previous Post

Australia: Govt Publishes Proposals To Improve rlRoll-out Of Cyclone Reinsurance Pool

Next Post

India: IRDAI Grants 2 New Life Insurance Licences

Elanza

Elanza

Related Posts

Jukun Youths Rally for Peace as Wukari Hosts Landmark Cultural Day

Jukun Youths Rally for Peace as Wukari Hosts Landmark Cultural Day

by Nathaniel Irobi
April 18, 2026
0

  Thousands gathered at the Aku Uka’s Palace in Wukari on Friday for the 2026 Jukun Youth Day, a grand...

Hajj: Group Demands NAHCON Committee Over Animal Sacrifice Scams

Hajj: Group Demands NAHCON Committee Over Animal Sacrifice Scams

by Nathaniel Irobi
April 18, 2026
0

A faith-based civil society organisation, the Independent Hajj Reporters (IHR), has called on the National Hajj Commission of Nigeria (NAHCON)...

Iran Reopens Strait of Hormuz Under Ceasefire Deal

Iran Shuts Hormuz Strait, Blames US

by Nathaniel Irobi
April 18, 2026
0

Tensions in the Middle East escalated sharply on Saturday as Iran announced the closure of the Strait of Hormuz, blaming...

Next Post
India: IRDAI Grants 2 New Life Insurance Licences

India: IRDAI Grants 2 New Life Insurance Licences

Cambodia: Insurance Market Grows By Nearly 11% In 2022

Cambodia: Insurance Market Grows By Nearly 11% In 2022

Recommended

Customs Seize N98m Donkey Skin and Smuggled Fuel

Customs Seize N98m Donkey Skin and Smuggled Fuel

3 days ago
Moses Bliss recounts wife’s mysterious illnes

Moses Bliss recounts wife’s mysterious illnes

6 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Urban Smart Farming Initiative Targets 10 Million Yams for Nigeria

    0 shares
    Share 0 Tweet 0
  • Arewa youths demand immortalisation of late Sharia court registrar Musa

    0 shares
    Share 0 Tweet 0
  • BREAKING: ICPC Rearrests El-Rufai, Returns Him to Custody

    0 shares
    Share 0 Tweet 0
  • Speaker Abbas’ Aide, Gaiya, Defects to ADC, Declares Kaduna-South Senate Ambition

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (828)
  • Education (269)
  • Entertainment (358)
  • Health (244)
  • National (3,259)
  • News (10,107)
  • Opinion (426)
  • Politics (2,061)
  • Science (15)
  • Security (419)
  • Sports (681)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform