Thursday, 4 Jun 2026
  • HomePage
  • History
  • My Feed
  • My Interests
  • My Saves
  • Newsletter Page
Subscribe
News247 Nigeria
  • Home
  • News
    • Africa News
    • Crime News
    • Healthy Living
    • Security News
    • World News
  • Business
  • Politics
  • Feature
  • Opinion
  • Entertainment
    • Lifestyle
  • Sports
  • 🔥
  • News
  • Politics News
  • Crime News
  • Politics News
  • Business News
  • Crime News
  • National News
  • Business News
  • Sports News
  • Entertainment News
Font ResizerAa
News247 NigeriaNews247 Nigeria
  • HomePage
  • History
  • My Feed
  • My Interests
  • My Saves
  • Newsletter Page
Search
  • Home
  • News
    • Africa News
    • Crime News
    • Healthy Living
    • Security News
    • World News
  • Business
  • Politics
  • Feature
  • Opinion
  • Entertainment
    • Lifestyle
  • Sports
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News247 Nigeria > Blog > News > Tinubu Commissions Three Naval Vessels, Says They Boosted Oil Output
News

Tinubu Commissions Three Naval Vessels, Says They Boosted Oil Output

Editor
Last updated: June 4, 2026 11:22 am
Editor
Share
Tinubu-Commissions-Three Naval-Vessels,-Says-They-Boosted-Oil-Output
Tinubu Commissions Three Naval Vessels, Says They Boosted Oil Output
SHARE

ABUJA — President Bola Ahmed Tinubu has commissioned three new vessels for the Nigerian Navy, crediting the service’s anti-oil theft operations with contributing to improved crude oil production. Vanguard reported the commissioning ceremony on Wednesday. The new vessels will strengthen the Navy’s capacity to patrol Nigeria’s maritime territory.

Tinubu said the Navy’s interception of oil theft vessels, disruption of illegal refining operations, and protection of oil infrastructure have contributed materially to Nigeria’s improved oil production figures. He said Nigeria is now producing approximately 1.66 million barrels per day, up from lower levels earlier in the current administration.

Chief of Naval Staff Vice Admiral Emmanuel Ogalla said the three new vessels represent a significant upgrade to the fleet. He said the vessels are equipped with modern surveillance technology, improved firepower, and greater range than the older ships they supplement. He said the Navy will use them to extend its operational reach across the Gulf of Guinea.

READ ALSO:
  • Calzona Reveals Osimhen's Key Weakness
  • Naira Slips to N1,395 in Parallel Market on Demand Pressure
  • Plateau's Rural Revolution Begins: Mutfwang Launches Game-Changing Agro Hubs

Anti-Oil Theft Operations

Oil theft costs Nigeria billions of dollars annually. Criminal networks siphon crude from pipelines, operate illegal bunkering facilities in the creeks, and use sophisticated methods to evade detection. The Navy’s accelerated operations against these networks have been credited with reducing losses significantly since 2023.

Industry analysts said improved oil production, combined with the Dangote Refinery’s reduced import bill, is the foundation of Nigeria’s improved external accounts. The Q1 2026 capital importation surge of 83 percent and the foreign reserves crossing $50 billion are both partly attributable to stronger oil performance.

READ ALSO:
  • N323bn Shakeup: Mystery Firm Buys Out Otudeko's First Bank Stake
  • SDP Leaders Pay Tribute as Ex-Rep Oba Olakusehin, Late Olubadan, Passes On
  • FCTA Warns Abuja Residents Near Water Channels to Relocate Now

The newly commissioned vessels will also support Nigeria’s anti-piracy operations in the Gulf of Guinea. Maritime piracy in the region had peaked in the mid-2010s but has since declined significantly following strengthened naval patrols and regional cooperation agreements.

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on Telegram (Opens in new window) Telegram
  • Share on Threads (Opens in new window) Threads
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading…

Related


Discover more from News247 Nigeria

Subscribe to get the latest posts sent to your email.

TAGGED:National NewsNaval VesselsNigerian NavyOil TheftTinubu
Share This Article
Email Copy Link Print
Previous Article Four-Al-Shabaab-Members-Get-Death Sentences-for-2022-Owo-Church-Attack Four Al-Shabaab Members Get Death Sentences for 2022 Owo Church Attack
Next Article Nigeria-Capital-Importation-Surges-83%-to-$10.37bn-in-Q1-2026 Nigeria Capital Importation Surges 83% to $10.37bn in Q1 2026

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

News

Akwa Ibom Governor Eno: I Won’t Waste State Money on Unviable Projects

By Editor
News

FCT Rescue Teams Pull 16 Survivors from Building Rubble

By Publisher
News

Nigerian Air Force Obliterates Boko Haram Strongholds – Top Commanders Wiped Out in Devastating Airstrike

By Publisher
News

MRTB: Over One-Third of Nigerians Need Rehabilitation Care They Cannot Get

By Editor
News247 Nigeria
Facebook Twitter Youtube Linkedin Rss

About US

News247NG is a Nigerian digital news platform delivering fast, credible and up-to-date reports on politics, business, technology, entertainment, sports and world events. Our goal is to keep readers informed 24/7 with accurate and responsible journalism.
Information Pages
  • ABOUT US
  • CONTACT US
  • TERMS OF USE
  • PRIVACY POLICY
  • COOKIE POLICY
  • DISCLAIMER
  • DMCA / COPYRIGHT
Useful Links
  • HomePage
  • History
  • My Feed
  • My Interests
  • My Saves
  • Newsletter Page

© News247ng Nigeria. AuspiceWeb Design. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d