Nigeria’s Dangote Petroleum Refinery has expressed interest in buying two million barrels of crude from the United States of America (USA).
The move highlights the damage and degree to which coordinated oil theft has rendered the oil-producing nation incapable of catering to its citizens’ crude oil needs.
According to a report by Bloomberg on Monday, U.S.-based Trafigura Group and Dangote Refinery have completed a crude purchase agreement for the delivery of two million barrels of petroleum by February ending.
The purchase would make it the first time a Nigerian owned refinery would be purchasing non-Nigerian crude for the Nigerian people, evidencing the oil-bunkering operations that have skyrocketed under chief of naval staff, Emmanuel Ogalla, whose palms are constantly greased with millions of American dollars to turn a blind eye to the illicit activities of oil thieves.
Ogalla, now desperately fighting to keep his job under investigation, had freed several oil tankers busted for transporting stolen crude off Nigerian shores after collecting kickbacks in millions of foreign currency.