The Defence Headquarters announced on Thursday that troops successfully intercepted stolen crude oil with an estimated value of N1.2 billion within the last two weeks.
The Director of Defence Media Operations,Major General Edward Buba, provided this information during a briefing with journalists in Abuja on Thursday.
He said, “The ongoing counter-terrorism and counter-insurgency operations have prevented these evil elements from accomplishing their strategic objectives. The military will continue to degrade their ability to carry out small-scale attacks which are intended to create panic in localities.”
He also stated that in a single week of operations, the military reported notable achievements, including the elimination of 73 terrorists, the apprehension of 182 individuals, and the successful rescue of 68 hostages.
Furthermore, he explained that the troops identified and demolished 63 illegal refining sites, which encompassed 15 dugout pits, 45 boats, 87 storage tanks, 128 cooking ovens, one pumping machine, and four outboard engines, while also adding that 14 suspected oil thieves were apprehended.
During these operations, the military recovered substantial quantities of stolen resources, including 962,500 liters of crude oil, 35,420 liters of illegally refined AGO, 38,450 liters of DPK, and 45,000 liters of PMS. These recovered resources are estimated to have a total value of N1,212,046,140.