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How a Private Security Firm Helped Cut Nigeria’s Oil Theft by Nearly 80 Percent

How a Private Security Firm Helped Cut Nigeria's Oil Theft by Nearly 80 Percent

For more than a decade, crude oil theft stood as one of the costliest problems eating into Nigeria’s economy, draining a resource that provides more than 80 percent of the country’s foreign exchange earnings. Figures from the Nigeria Extractive Industries Transparency Initiative paint a grim picture of just how bad things got: between 2009 and … Read more