APC Group Hails Tinubu On Oil Theft Drop To 16-year Low

All Progressives Congress Grassroots Governance Group (APC G3) has commended President Bola Tinubu for the presidential directive that led to a sharp reduction in crude oil theft in the Niger Delta region.
The development led to the country recording its lowest loss rate in 16 years.

The commendation came from the national coordinator of APC G3, Amechi Chuks Oyema, who said Tinubu’s directive in 2024 to the Chief of Defence Staff, Gen. Christopher Musa, and other key stakeholders in the oil and gas sector was yielding positive results.

Oyema said the latest figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that crude oil losses have dropped to 9,600 barrels per day as of July 2025, the lowest level since 2009 when losses fell to 8,500 barrels per day.

“The NUPRC report is a testament to the determination of the present administration to reduce crude oil theft in the Niger Delta.

“We in APC G3 attribute this feat to the 2024 presidential directive, which is already yielding positive results,” the statement read in part.

The group also urged stakeholders to continue to support the Federal Government, the Armed Forces, and other agencies mandated to tackle crude oil theft.

“A boost in oil production is a boost in the country’s revenue, leading to successful implementation of our budget,” it added.

The NUPRC report further revealed that between January and July 2025, total crude oil losses stood at 2.04 million barrels, averaging 9,600 barrels per day over the seven-month period.

This represents a significant improvement from the high-loss years that plagued Nigeria’s oil industry, during which theft and metering inaccuracies caused massive revenue shortfalls.