The Nigerian Navy has reaffirmed its stand against crude oil theft and sea piracy.
The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla says the Navy in the coming year will shore up operations and combat the menace, using cutting edge technology.
A ceremony to mark the end of an era for the Nigerian Navy and also a time to take stock of successes and challenges.
Crude oil theft topped the list of nefarious activities the navy has had to confront, followed closely by sea piracy.
The ceremonial sunset also marks the beginning of a new period for the Navy that is billed to take delivery of new platforms and embark on operational exercises.
But the economic sabotage of crude oil theft still stares the federal government in the face.
According to the National Security Adviser Nigeria loses 400,000 barrels of oil daily to criminals.
