Nigerian Security Agents set to Shut Down Integrated Oil Tank Farm In Lagos

LAGOS-There are strong indications that Security Agencies working in collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA), the Nigerian Navy, as well as the Global West Vessel Specialist Limited, may have traced a large oil stealing racket to one of the major importers in Nigeria downstream oil sector; Integrated Oil and Gas.

Biztellers gathered that the Security Agencies would any moment from now close down the company which is located around the Ibafon axis of Lagos for doing business with powerful syndicates  suspected to be oil thieves.

Sources at the sprawling facilities confirmed to our correspondent that a large amount of stolen petroleum product was traced to the facility and that the place might be sealed by a combined team of security Agents any moment from now.

A source at the Department of Petroleum Resources (DPR) Nigeria’s oil sector Police also confirmed that it was in receipt of some findings that were not disclosed to our correspondent.

Integrated Oil and Gas Limited owned Capt. Emmanuel Ihenacho, A Master Mariner and Former Minister of Interior in the Jonathan’s Administration

Capt.Emmanuel Ihenacho

is a major player in the downstream sector of  Nigeria’s Petroleum industry.

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