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Nigeria's oil thieves

Nigeria is Africa's largest crude oil exporter but its production capacity has been slashed by thieves drilling into pipelines passing through winding creeks and waterways in the vast delta. The underground industry is thought to be worth hundreds of millions of dollars a year. Oil 'bunkering' -- hacking into pipelines to steal crude then refining it or selling it abroad -- has become a major cost to Nigeria's treasury, which depends on oil for 80 percent of its earnings.