Despite increase in average price of crude oil at global market from $46.0 per barrel in May to $48.43 in June, sustained attacks on oil installations and pipeline vandalism have reduced total allocation available for sharing to the three tiers of government by N90.2 billion.
The picture was made clearer yesterday as the sum of N420 billion was approved for September for sharing as against N510.270 billion disbursed among the three tiers of government in August.
Militant attacks on oil installation led […]
Saddened by the renewed bombings of oil installations in the oil-rich Niger Delta by the notorious militant group, the Niger Delta Avengers (NDA), the Grand Council of Niger Delta Youth Leaders GCNDYL on Sunday in Uyo condemned the sabotage of oil and gas facilities.
A statement by its spokesperson Comrade Awakessien Clement Eric Omare, decried the renewed attacks saying blowing of pipelines will further pollute and bring further hardship to the people of the region .
He called on the restive youths […]
We will continue to destroy oil installations until Buhari addresses South-South problems – Niger Delta Avengers
Separatist group, Niger Delta Avengers, has declared that it will continue to carry out its activities until President Muhammadu Buhari is ready to genuinely address the problems of the region.
The group which has claimed responsibility for several pipeline attacks in the Niger Delta warned that it will continue to impede all avenues to export crude oil from the region.
NDA claimed that contrary to reports, it was not approached by anybody from the Federal Government when a ceasefire was declared, adding […]