• Nigeria records losses, N51bn in 4 months to militant attacks on oil assets

    Nigeria records losses, N51bn in 4 months to militant attacks on oil assets

    Nigeria has over the last four months, between January to April 2016, lost N51.388 billion to pipeline vandalism, and the country is poised to record more of such losses if the current spate of pipeline bomings by militant groups in the Niger Delta region is not addressed.

    With the second bombing of the Forcados Export Pipeline and the bombing of other oil and gas assets in the region in recent times, the loss to trhe country is expected to escalate when […]