Ruined Economy: Obasanjo Says Over 80% Of Nigeria’s Crude Oil Stolen

A revelation has been made public that over 80 per cent of Nigeria’s crude oil was stolen.

This development was made known by former President Olusegun Obasanjo in Abuja at the launching of a book titled, ‘Court and Politics,’ written by Dr Umar Ardo, a former associate of the ex-Vice President, Atiku Abubakar.

One of the reasons why Nigeria’s economy is in ruins, according to Obasanjo, is that while other oil-producing countries have records of their oil production, Nigeria cannot account for hers due to theft.

The former president, who was represented by a former governor of Niger State, Babangida Aliyu, said crude oil theft is one of the reasons the Nigerian economy would be in ruins.

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