Well,I've not seen anyone come up with a valuable proposition towards solution and the militants are hell bent on destroying everything,I think the FG should be decisive and take a firm stand.

God help us

Dlionsheart:


The day buhari mistakenly arrest GEJ, that's the day Nigeria's crude production will be MINUS ZERO. It will also facilitate the division of the country. We dare him

Nonsense!

you must be an ijaw man.what a lazy set of people.criminals and their supporters/sponsors are in real trouble with this administration

This information is actually untrue.

These continued attacks by the NDA has crippled oil production and export operations, pushing output to more than a 21 year low, forcing Nigeria to lose its status as Africa’s top oil producer. And things could get worse. With total production losses currently estimated to be around one million bpd, being Africa’s number one oil producer should be the least of the country’s worry, as it is gradually losing its spot as a major player in the global oil market all together.

Currently, three Nigerian crude export grades – Forcados, Bonny Light, and Brass River – are under force majeure as a direct result of the attacks by NDA. This has led to a decline in the supply of gas, resulting in a loss in production capacity for most of the country’s power plants. For several months now, Nigerians have suffered epileptic power supply, and total blackouts. These attacks also means less revenue returns for Nigeria, whose primary export product is oil.

Last Thursday, the federal government and the nine states of the Niger Delta region agreed to jointly raise a security team, which would be made up of ex-militants, to curb growing militancy. In this meeting, the Minister of State for Petroleum, Dr. Ibe Kachukwu, called on state governors in the Niger Delta region to be actively involved in providing lasting solutions to the resurgence of pipeline vandalism.

The NDA have proven themselves to be very effective in their attacks on major oil facilities in the Niger Delta, and have shown no signs of backing down. If they are allowed to continue at this rate, then it’s safe to say the country is pretty much doomed, especially as they have restated warnings to oil firms to shut down operations or face more devastating attacks.

Surely, something more urgent than just a meeting needs to happen at this point.

eliment:
Click like if you are happy about this wonderful news

Endorsed.

With this the 2016 budget has failed

If we dont act fast, a hurricane if economuc problems will engulf us

[quote author=citizenisb post=46028466]Nigeria's crude oil and condensate production has fallen almost 50% from the start of the year to around 1.1 million b/d, an official from state oil firm Nigerian National Petroleum Corp. said Friday, after reports of a fresh attack on an oil and gas pipeline in the Niger Delta late Thursday.

"The waves of attack on virtually [most] oil pipelines and production facilities in the western division of the Niger Delta have crippled operations there," the NNPC official told Platts.

"We estimate total production losses to be around 1 million b/d, so we are currently down to 1.1 million b/d," he added.[/quote
Am loving this drama.
Niger/Delta PDP avenger make una kwatinue until we reach 0 barrel per day jor.
I see God is using avengers to take Nigeria back to its rightful position as potential Africa leaders eben without oil.
The era of free money is over.
Nigerian must face the reality.
No more oil exploration in Niger/delta.
No monetary allocation from federal government.
And let's see how it goes.
I am 100% with President Muhammad Buhari.

citizenisb:
http://www.platts.com/latest-news/oil/london/nigerian-oil-output-as-low-as-11-million-bd-nnpc-26452119

Tunji Andrews ‏@TunjiAndrews 2m2 minutes ago

If it is true that we are down to less than 800kbpd. That's 1.4782mbpd less than the expected the 2.2782mbpd expected to fund 2016 budget

Due to this weekends bombing, it has dropped from 1.1 million barrels to 800,000 barrels per day.

This is akin to War as these boys are destroying the economic life blood of this country - CRUDE OIL!!!

Am loving this drama.
Niger/Delta PDP avenger make una kwatinue until we reach 0 barrel per day jor.
I see God is using avengers to take Nigeria back to its rightful position as potential Africa leaders eben without oil.
The era of free money is over.
Nigerian must face the reality.
No more oil exploration in Niger/delta.
No monetary allocation from federal government.
And let's see how it goes.
I am 100% with President Muhammad Buhari.

Does it mean that 5%are contributing more than 97% in our economy?

I thought they said our oil is now worthless. I thought they said they didn't need ND crude oil revenue to fund the 2016 budget.

This is proof that Nigeria is Niger Delta and Niger Delta is Nigeria. Only the activities of this small sect in warri alone has grounded our economy. imagine if other SS states follow suit.

Meanwhile no free money again! ride on NDA.

http://tribuneonlineng.com/weve-reduced-nigerias-2m-crude-oil-export-to-800000-barrels-avengers-%E2%80%A2deny-killing-of-soldiers

This is just as the group has hinted that it has been able to dip Nigeria Oil production from 2 million barrels to just 800,000 barrels per day without shedding blood.

The group denied its involvement in the attack in a statement signed by its spokesperson, Brig. Gen. Mudoch Agbinibo, and posted on its website late Thursday night.

It stated that its modus operandi does not include snuffing lives out of "sleeping soldiers," saying it would keep to its promise not to shed blood in the process of liberating its people from the shackles of the Nigerian state.

"The Niger Delta Avengers were not involved in the attack of the Military houseboat around Warri, Delta State.

citizenisb:


This is akin to War as these boys are destroying the economic life blood of this country - CRUDE OIL!!!

Why is the whole Nigeria dependant of crude oil?

Is it only crude oil that Nigeria has to export?

There are hundreds of other resources there but you ignore all that to focus on crude oil.

Forget about war... All these bombings are for your own good.

The earlier you start diversifying the economy, decentralize the national grid... And restructure your country ...

The better you..