£1bn a month: the spiralling cost of oil theft in Nigeria

Posted by Observer: John Vidal on October 5th, 2013
Observer: The flames roared 20 metres above the Niger delta swamp for 48 hours; 6,000 barrels of crude oil spilled into the creeks and waterways around the village of Bodo and several people died. But although the Nigerian army and navy were stationed just 100 metres from the site of the massive explosion, no one knows – or will say – what really happened to Nigeria's most important oil pipeline around 2am on 19 June. It could have been an accident. The Trans Niger pipeline, which transports around 150,000......

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