Nigeria oil theft soars
Cost to the economy runs into billions of dollars each year.
Nigeria oil theft at highest level in years
Nigeria is facing its worst oil crisis in years as the country is losing billions of dollars due to theft. Some multinational companies are even selling their oilfields. Despite low-level arrests on the issue, there have been no serious large-scale prosecutions. From the Bayelsa state, Al Jazeera’s Rawya Rageh reports.