CLEAN : Five percent of Nigerias oil output stolen

The video discusses the significant economic and environmental impact of oil theft in Nigeria, which accounts for about 5% of the country's export levels in 2012. The high oil prices make it a lucrative business, leading to stolen proceeds and environmental damage. The financial systems of other countries could be compromised due to this illegal trade. The video suggests that sharing intelligence with foreign governments is crucial to tackling this issue. It also compares the scale of oil theft in Nigeria with other countries, highlighting that only Russia has a comparable scale.

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