- Post by Admin on sunday, March 05, 2015
The vandalism of oil
pipelines in the downstream sector of the petroleum industry recorded a drop of
12.77 per cent in April 2017, the monthly financial and operations report of
the Nigerian National Petroleum Corporation has showed.
According to the
report, which was released in Abuja on Monday, downstream pipeline sabotage
decreased from 94 vandalised points in March to 82 in April, representing a
12.77 per cent reduction relative to the previous month.
The April figures also
indicated substantial progress compared to the corresponding period of 2016 in
which 214 incidents were recorded. In terms of products' availability in the
period, the corporation's Group General Manager, Group Public Affairs Division,
Mr. Ndu Ughamadu, noted that the NNPC maintained a stock of over 1.2 billion
litres of petrol, which was sufficient for more than 34 days' forward
consumption.
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