Home Nigeria 3 Powerful Sponsors of Oil Theft & Illegal Bunkering in Nigeria

3 Powerful Sponsors of Oil Theft & Illegal Bunkering in Nigeria

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oil bunkering

Top Military Personnel

Edwin Clark, a Federal Government delegate to the 2014 National Conference and the acclaimed political ‘godfather’ to the outgoing President, Goodluck Jonathan, had accused top military personnel of involvement in illegal oil bunkering in the Niger Delta.

The Ijaw leader, who traced the trend to the early 1970s, said when he discovered it he quickly alerted the then president, Olusegun Obasanjo, who in turn directed General Theophilius Danjuma, who was the Minister of Defence at the time to investigate the issue, and that investigation revealed that military personnel were those behind the illicit oil bunkering.

Nigerian Banks

According to an informed source highly placed Nigerians were not just the only ones involved but that some banks in the country were involved in financing illegal bunkering as well.

According to him, specified documents are usually sent to these banks by illegal bunkerers that in turn make huge payments as a result of the tendered documents.

G-7 Nations
Balarabe Musa, a former governor the old Kaduna state, blamed the G-7 Nations for the unabated oil thefts spanning over three decades in the country.

The G-7 was formed in 1975 and initially comprised 6 nations – France, Germany, Italy, Japan, the U.S. and U.K. – with Canada invited to join the group in 1976.

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