With Brent crude prices declining by 4.44% to $71.92pb on on easing supply concerns over stranded oil tankers at the Strait of Hormuz, Nigeria’s high oil production is cushioning the effects on the economy. The oil production surge is linked to successful operations by the Tantita Security Services Nigeria Ltd (TSSNL), which for years achieved peace and stability in the Niger Delta region. The regional peace has accelerated oil production, helping Nigeria absorb revenue shortfalls from the decline in oil prices.
In every thriving economy, there is always the urgent need to protect strategic assets.
Doing so comes with so many benefits, including building stability and confidence that lead to national prosperity.
Nigeria’s experience with pipeline surveillance operations in the Niger Delta region has followed this trajectory.
For decades, Nigeria’s oil pipelines operated under persistent attack, exposed to sabotage, vandalism, illegal refining and outright theft.
