The group presented the order as a condition for a possible ceasefire after attacks it has committed, along with those perpetrated by the Niger Delta Avengers, have caused a 50 percent fall in national oil production.
Browsing: pipeline vandalisation
The corporation stated this in its Monthly Financial Report released in Abuja on Thursday where it also revealed that over 1,500 megawatts of electricity were lost as a result of the destruction of oil and gas facilities, adding that the capacity utilisation of the Warri Refining and Petrochemical Company plummeted from 25.65 per cent in March to 6.36 per cent in April.
The global lender, in its semi-annual Global Economic Prospects report, said Africa’s biggest economy is expected to grow 0.8 percent, down from an estimate of 4.6 percent in January. Growth is projected to pick up to 3.5 percent in 2017, it said.
The militant group, according to a statement released via their twitter handle, informing the public that they are currently not negotiating with anyone. Hence, any discussion the Federal Government is having with any committee on their behalf, is invalid.
Okowa said the meeting identified the need for synergy between the federal and the state governments as a very important step going forward.
He added that, “The NSA is going to be working with the various arms of the armed forces to descale the intensity of military intervention in the area within a week or two so that dialogue can take place.
In its latest string of attacks, the group took credit during the weekend for blowing up pipelines operated Royal Dutch Shell and a subsidiary of Italian energy company Eni. It warned that “something big” is about to happen.
He noted that, “The recent spate of attacks by militants disrupting oil and power installations will not distract us from engaging leaders in the region in addressing Niger Delta problems,” Buhari said in a speech marking his first year in office.
…Nigeria suffers huge loss due to pipeline vandalism – Fashola Oscarline Onwuemenyi 24 May 2016, Sweetcrude, Abuja – The Minister…
According to the statement, NNPC recorded an operating deficit of Naira 24.23 billion ($123 million) in February and March, on the back of attacks on the Forcados crude export line that resulted in the loss of the entire oil export revenues of its subsidiary, the Nigerian petroleum Development Company, NPDC.
