BUSINESS
ARMY DISMANTLES ILLEGAL BUNKERING SITE IN LAGOS
The Nigerian Army has dismantled an illegal oil bunkering site in Lagos State as part of ongoing efforts to combat economic sabotage and protect critical national assets.
The operation, carried out by troops during a security raid, led to the destruction of equipment and facilities allegedly used for illegal oil activities.
Military authorities said the action was aimed at disrupting the activities of criminal groups involved in oil theft, pipeline vandalism, and other forms of illegal exploitation of petroleum resources.
The Army warned that illegal bunkering poses serious threats to Nigeria’s economy, damages the environment, and affects efforts to ensure energy security.
Security experts have called for sustained intelligence gathering, stronger enforcement, and cooperation between security agencies and host communities to address the root causes of oil theft.
The Nigerian Army reaffirmed its commitment to protecting national assets and supporting government efforts to curb economic crimes across the country.