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Monday, 13 April 2026
Nigeria·Trade & Economy

Nigerian Navy Seizes Three Vessels Carrying Stolen Crude Oil Worth Over ₦4 Billion

Sunday, 12 April 2026 · 1 min read
Based on: Premium Times Nigeria

The Nigerian Navy has seized three vessels — MT Mkpodu, MT Westaf AF, and MT Steliosk — found carrying suspected stolen crude oil in southern Nigerian waters, arresting 26 crew members in the process. The operations, conducted on 8 and 10 April near a wellhead in the Calabar/Akwa Ibom joint operations area (in Nigeria's oil-rich Niger Delta region), were enabled by intelligence shared between the Navy, the National Security Adviser's office, and the Defence Headquarters, with aerial support from a naval helicopter. The seizures, involving over 939 metric tons of crude valued at more than ₦4 billion (roughly $2.6 million USD), highlight ongoing efforts to curb crude oil theft, which costs Nigeria — Africa's largest oil producer — billions of dollars in lost revenue each year.

Sources
Premium Times NigeriaNigerian Navy arrests two vessels with stolen crude worth N4 billion
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