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Reuters
Reuters
Politics

Rampant Nigeria oil theft is 'treason', House Speaker says

Crude oil theft in Nigeria, which is blamed for throttling output and exports, is tantamount to treason that should be punished by the stiffest possible penalty, the Speaker of the House of Representatives said on Tuesday.

Oil production fell below 1 million barrels per day in August, figures from the regulator show..

Femi Gbajabiamila said Nigeria's crude exports were at their lowest in two decades, blaming it on crude theft that he described as "treason against our country".

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