Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Nigeria Charges 10 Indians, 12 Others With Oil Theft

Jan. 23 (Bloomberg) -- Nigerian prosecutors said 22 people, including 10 Indian nationals, were charged to court in the southern city of Yenagoa for alleged oil theft.

The suspects charged yesterday include 12 Nigerians and were arrested on two vessels by a navy patrol along Akassa River in the southern oil region in November, Wilson Uwujaren, a spokesman for the Economic and Financial Crimes Commission, said today by phone from Abuja, the capital. The vessels were found to contain 157,822 liters or 993 barrels of crude, he said.

All the accused pleaded not guilty to the charges, according to Uwujaren. Presiding Judge Charles Archibong ruled that the suspects must remain in prison custody until the next court session on Feb. 19.

Nigeria, Africa’s largest oil producer, loses an estimated 250,000 barrels a day to crude theft, according to a report on the oil industry prepared for President Goodluck Jonathan.

To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at

To contact the editor responsible for this story: Dulue Mbachu at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.