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NNPC loses N12.5bn from products theft in Kaduna Refinery

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Nigeria spent $13.8bn on fuel importation in 2016 --NBS

A disturbing revelation has come out from the Nigerian National Petroleum Corporation, (NNPC) that about 45 per cent of refined products from the Kaduna Refinery have been stolen by unknown persons.

This accounts for total loss of about N12.5 billion revenue in five years by the Kaduna Refining and Petrochemical Company (KRPC), a subsidiary of the NNPC.

Though the management of the subsidiary said it had severally alerted the security agencies on how some people siphon the refined products through a nearby river to the refinery, nothing had been done to arrest the situation.

A security official in the company was quoted as saying that those behind the act were fully armed such that only the security operatives could confront them.

“Some of the staff of the Kaduna Refinery have suffered injuries and personal losses in our bid to put a stop to the stealing,” the official said.

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Confirming the development in a statement issued on Thursday, the NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, said the major threat of the refinery is inadequate security, which has been responsible for a huge loss being borne by the corporation.

He however disclosed that the Kaduna Refinery is currently operating at 65 per cent installed capacity, producing 1.7 million litres of petrol, 1.7 million litres of diesel and 700,000 litres of kerosene daily.

He lamented however, that certain percentage of the products is stolen.

In a separate comment on the issue, the Managing Director of KRPC, Mr. Idi Mukhtar, explained that “the illegal acts are committed mostly at Janruwa, Kamazo, Namaigero and Mahuta areas of Kaduna metropolis, which were the communities along the raw water intake pipeline Right of Way.”

He said because of the fact that the water also complements in power generation for the refinery it is expected that it would have attracted. more attention from the security agencies, but that is not so at the moment.

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