Headline
How Govt Officials Facilitated $1.2bn Crude Oil, Gas Theft – Source

Security sources have disclosed that the real looting of Nigeria’s crude oil and its by-products is neither through illegal bunkering, refining nor pipeline vandalism, but via highly placed government officials-enabled undocumented shipments of large scale hydro-carbon products worth over $1.2 billion to Europe and the Americas.
The sources noted that while all eyes are on the fight against illegal oil bunkering and pipeline vandalism, top government officials of agencies expected to perform supervisory and due diligence roles in the sale and shipment’s of the nation’s vast hydrocarbon resources are trading away the resources to cartels and reaping the benefits into private pockets.
The sources said Europe and the Americas were favourite destinations because the products, which are sold at giveaway prices, are paid for without delay.
Noting that the looting of the nation’s commonwealth has been going on for years, the sources said that the Liquefied Petroleum Gas and Liquefied Natural Gas were being shipped out of the country in millions of metric tonnes without records and documentation.
Some of the destination countries where these hydro-carbons are shipped to with the knowledge and protection of top government officials, according to the sources, include Mexico, Brazil, United States and Argentina.
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Incidentally, the source said, the NLNG whose duty it is to supervise the operations of such shipments, is a joint venture organisation of Nigerian National Petroleum Corporation with 49% shareholding; Shell Gas B.V., 25.6%; Total Energies Gaz & Electricité Holdings, 15%, and Eni International N.A. N.V. S.àr.l with 10.4%.
The transatlantic looting route
A source noted that NLNG has a total production capacity of 22mtpa of LNG and five million tons per annum of Natural Gas Liquids (NGLs) from its 6-train plant complex and boasts of 16 long-term Sale and Purchase Agreements (SPAs) with 10 buyers and controls about 6 per cent of global LNG trade.
The source said, “In five years, from 2009 to 2013, over $1 billion worth of hydrocarbon products were exported using backdoors from Nigeria to Argentina, Brazil, Mexico and the United States.”
Emphasizing that the illegal exportation is still ongoing with the backing of top officials of government, the source said gave a breakdown of some of the under-the-table transactions, mentioning specific vessels’ names and their IMO numbers.
Escobar Port, Bahia and Blanca Port are the usual destinations of the products in Argentina.
“The total value of the products shipped to Argentina in 2013 by three vessels was $52.1 million. 354,018 metric tonnes of hydrocarbon products estimated at over $177 million were illegally exported to Brazil without trace and documentation.”
The transaction to cartels in Brazil showed that “one of the vessels shipped 62,608 metric tonnes of hydrocarbon products valued at $31.3 million; another shipped 60,000 metric tonnes of product valued at $30 million; while a third shipped 55,000 metric tonnes of hydrocarbon products valued at $27.5 million.
“Two other vessels shipped over 120,000 metric tonnes worth more than $60 million Brazil ports.
“A total of 354,018 metric tonnes of hydrocarbon products valued at $177 million was shipped to Brazil.
“Over $34 million worth of hydrocarbon products were illegally exported to the USA in six trips using six different vessels for transportation.”
Cove Port, Lake Charles Port and Sabine Pass Port are some of the popular US ports.
READ ALSO: Scarcity Hits Major Cities, Fuel Sells N180/Litre As NNPC Cuts Supplies
One of the destinations with the highest quantity of backdoor export, according to the source, is Mexico.
“Nigeria LNG products worth $981.5 million were exported to Mexico in 33 trips using different vessels to wade away any form of suspicion.
“Officials supervised the exportation of the products to Mexico with no official paperwork prepared for the export.
“Of the 28 seaports in Mexico, the vessels used for exporting products from Nigeria all docked Altamira ports.”
The source revealed that in total, over $1.2 billion worth of hydrocarbon products have been illegally exported through back and covered channels from Nigeria to Argentina, Mexico, Brazil and USA in the last five years.
VANGUARD
Headline
20 Members Of Gang Blacklisted By US Escape Guatemala Prison
Twenty members of a gang designated a “foreign terrorist organisation” by the United States have escaped from detention in Guatemala, a prison chief said Sunday.
The members of the Barrio 18 gang “evaded security controls” at the Fraijanes II facility, prison director Ludin Godinez said at a news conference.
He received “an intelligence report” on Friday warning about the “possible escape” from the prison, which is southeast of the capital, Guatemala City.
Godinez said they were investigating possible acts of corruption.
READ ALSO:China’s Trade Surges Despite US Tariff Threats
Washington last month blacklisted Barrio 18, an El Salvador-based gang which has a reputation for violence and extortion, as part of its crackdown on drug trafficking.
The US embassy in Guatemala condemned the prison escape as “utterly unacceptable.”
“The United States designated members of this heinous group as the terrorists they are and will hold accountable anyone who has provided, provides, or decides to provide material support to these fugitives or other gang members,” the embassy said on X.
It called on the Guatemalan government to “act immediately and vigorously to recapture these terrorists.”
READ ALSO:US Threatens To Sanction Countries That Vote For Shipping Carbon Tax
According to Interior Minister Francisco Jimenez, there are about 12,000 gang members and collaborators in Guatemala, while another 3,000 are in prison.
The country’s homicide rate has increased from 16.1 per 100,000 inhabitants in 2024 to 17.65 this year, more than double the world average, according to the Centre for National Economic Research.
According to the Salvadoran government, the gangs Barrio 18 and Mara Salvatrucha, better known as MS-13, are responsible for the deaths of about 200,000 people over three decades.
The two gangs once controlled an estimated 80 percent of El Salvador, which had one of the highest homicide rates in the world.
Headline
South Africa Bus Crash Kills 40 Including Malawi, Zimbabwe Nationals
At least 40 people, including nationals of Malawi and Zimbabwe, were killed when a passenger bus rolled down an embankment in South Africa, a provincial transport minister said Monday.
The bus travelling to Zimbabwe crashed around 90 kilometres (55 miles) from the border on Sunday after the driver apparently lost control, Limpopo province transport minister Violet Mathye said.
“They are still working on the scene, but 40 bodies have already been confirmed to date,” Mathye told the Newzroom Afrika channel. The dead included a 10-month-old girl, she said.
READ ALSO:South African Court Finds Radical Politician Malema Guilty On Gun Charges
Thirty-eight people were in hospital and rescuers were searching for other victims, she told eNCA media.
The bus was travelling from the southern city of Gqeberha, around 1,500 kilometres away, and its passengers included Malawians and Zimbabweans who were working in South Africa. The crash may have been caused by driver fatigue or a mechanical fault, the minister said.
South Africa has a sophisticated and busy road network with a high rate of road deaths, blamed mostly on speeding, reckless driving and unroadworthy vehicles.
AFP
Headline
China’s Trade Surges Despite US Tariff Threats
China’s overseas trade grew at a faster pace than expected last month, official data showed Monday, amid fresh fears of a major escalation in the tariff war between Beijing and Washington.
Exports jumped 8.3 per cent year on year in September, the General Administration of Customs said, beating a Bloomberg forecast of 6.6 per cent.
Imports rose 7.4 per cent, the data showed, significantly outpacing a Bloomberg forecast of 1.9 per cent.
READ ALSO:US, China Agree To Slash Tariffs In Trade War De-escalation
The figures are a promising sign for the Chinese economy, which has in recent years been mired in a persistent spending slump just as pressure on its export-reliant manufacturing sector intensifies.
Shipments to the United States — the world’s largest consumer market — picked up last month to reach $34.3 billion, the data showed.
The figure marked an 8.6 per cent rise from the $31.6 billion recorded in August.
READ ALSO:US Ends Tariff Exemption On Small China Shipments
Concerns spiked over the weekend that this year’s trade war between the world’s top two economies will worsen further following US President Donald Trump’s threat to impose additional 100 per cent tariffs on all Chinese goods.
Beijing, in turn, accused Washington of acting unfairly, with its Ministry of Commerce on Sunday calling the threat a “typical example of ‘double standards’”.
Trump struck a more conciliatory tone on Sunday, writing in a social media post that the United States “wants to help China, not hurt it”.
AFP
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