“Nigeria’s stolen crude exceeds Ghana’s daily production”

General News of Saturday, 7 February 2015

Source: Starrfmonline.com

Crude Oil

The amount of crude oil being stolen from Nigeria daily exceeds what Ghana produces in a day, the vice-presidential candidate of the All Progressives Congress (APC) claims.

Ghana produces about 120, 000 barrels of oil per day and according to Professor Yemi Osinbajo, it is about four times what is stolen in West Africa’s populous country every day.

“Missing excess crude amounts to 1 billion US dollars, that is, 400,000 barrels of oil stolen every day. This is more than what Ghana still struggles to produce as a nation. Since becoming an oil producing country, Ghana produces 120,000 barrels per day,” Osinbajo told a gathering at the 73rd birthday of the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye.

Osinbajo, a senior pastor of the RCCG, spoke on the topic: “Harmonising Virtues to Gain Heaven and Earthly Prosperity.”

He said part of the many challenges confronting Nigeria is the problem of oil theft.

According to him, “In our society, we have certain challenges, including corruption, described by Hillary Clinton as unbelievable; missing funds; NNPC petroleum subsidy scam; kerosene subsidy scam and so on.”

He added: “Challenges such as poverty is what we face today in Nigeria. Today, over 112 million Nigerians are categorised as extremely poor despite being the largest economy in Africa. In fact, we are one of the 33 poorest countries in the world.

“Also, on infant mortality, about 3.9 million children have died between 2009 and 2014. Similarly, 55,000 women die every year, which accounts for our maternal mortality. On the other hand, Nigeria records 110,000 deaths as a result of diarrhea diseases, while 10.4 million children are out of school. Again, 80 percent of our graduates are jobless.”