Nigeria losing 95% of crude oil to thieves – Tony Elumelu

Nigerian entrepreneur, Tony Elumelu, yesterday, said that Nigeria loses 95 percent of its crude oil to looters under the President Muhammadu Buhari-led administration. Elumelu, while reacting to recent development in the country, lamented that the Bonny Terminal, in Rivers State, ought to be receiving 200,000 barrels of crude oil as against the 3,000 barrels it is currently getting on a daily basis. Businesses are suffering. How can we be losing over 95% of oil production to thieves? asked Elumelu, via a tweet. Look at the Bonny Terminal, which should be…

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