The National Oil Spill Detection and Response Agency (NOSDRA) has revealed that oil companies in Nigeria lost N803 billion worth of crude oil to spills suspected to emanate from sabotaged pipelines and operational issues in 2022.
The amount recorded is the highest in the last three years data from the oil spill agency showed.
A breakdown from NOSDRA data disclosed that oil companies recorded a N362 billion loss in 2020 and N674 billion in 2021.
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