Nigerian Navy clears air on oil theft figures released by NNPC, says official misrepresented

The Nigerian Navy on Sunday refuted reports claiming that its official accused the Nigerian National Petroleum Company Limited (NNPCL) of insincerity and exaggeration of oil theft figures.

A statement signed by Navy’s Director of Information, Ayo Vaughan, said its attention was drawn to a publication in a national daily of 4 December with the heading, ‘NNPC Not Sincere about Oil Theft, Exaggerating Figures-Navy’.

The report had claimed that the Navy while appearing at the Senate Committee on the Economic and Financial Crimes, stated that the NNPC had deliberately continued to mislead Nigerians on the issue of crude oil theft.