RE: My question still is..... Will this oil pillfering stop with a new pipeline? If so how? Dont these theives always find a way? If it was stopped it would greatly increase revenues for Mart. imo
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This has been asked and adressed so may times it's not even funny !
Lets talk numbers if that's the issue.....so you get ~ $3 millions worth of OIl stolen from you per quarter, and the Goverment tells you that it will resolve such by increasing security at all level and protect your assets. In return , they reduce your Tax break by say 50%. what do you choose.. formal complaint and initiate security request or S==T--FU and put up with it ?
You think Shell and the likes are that stupid to have sort of accepted the way it works just for the fun of it?......and little Mart is going to change the Nigerian World of Indirect Oil taxation ?
Nothing is free in this world ...and when the stealing is sponsored by the top....either way they will get their cut !
Get with it or sell you shares and move on !