Upsurge of oil theft and illegal bunkering in the Niger Delta region of Nigeria : is there a way out?

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IDL-55954.pdf (205.05 KB)

Date

2015-05

Authors

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Journal ISSN

Volume Title

Publisher

MCSER Publishing, Rome-Italy

Abstract

Persistence of oil theft in the Niger Delta is due to enshrined and official corruption, a high level of youth unemployment, ineffective and corrupt law enforcement agencies, and collaboration with international crime syndicates. Nigeria is losing as much as 400,000 barrels of oil per day which equates to losses of US$1.7-billion a month. The trade in stolen oil helps other transitional criminal networks to spread across the Gulf of Guinea, creating global links between oil thieves, pirates, and traffickers in arms and drugs. Successive Nigerian governments’ measures to curb these menaces through the establishment of a special security outfit have not been successful. Some recommendations are made.

Description

Keywords

CRUDE OIL, NIGER DELTA, NIGERIAN ECONOMY, OIL THEFT

Citation

Boris, O.H. (2015). The Upsurge of Oil Theft and Illegal Bunkering in the Niger Delta Region of Nigeria: Is There a Way Out?. Mediterranean Journal of Social Sciences, 6(3, Supplement 2), 563-573. doi:10.5901/mjss.2015.v6n3s2p563

URI

http://hdl.handle.net/10625/55954

DOI

Collections

IDRC Research Results / RĂ©sultats de recherches du CRDI
2010-2019 / Années 2010-2019
Research Results (GSJ) / RĂ©sultats de recherches (GSJ)