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Nigerian Govt Blacklists Firm, Revokes Licence For Allegedly Diversion - Politics - Nairaland

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Nigerian Govt Blacklists Firm, Revokes Licence For Allegedly Diversion by masterpiece86: 5:18pm On Aug 04, 2016
The Federal Government on Thursday blacklisted the Nigerian Development and Construction Company (NDCC), an importer and seller of explosives in Koko, Delta State, for allegedly diverting explosives.
The Minister of Solid Minerals Development, Kayode Fayemi, who gave the blacklisting order said the company’s business premises should immediately be sealed off, in addition to the withdrawal of its explosive distribution licences.
The action by the government followed the outcome of investigations by the office of the National Security Adviser (NSA), which revealed that the company was involved in illegal diversion of about 9,000 kilogramme of Nitro-glycerine explosives and 16,420 pieces of electrical detonators from its magazines between 2015 and 2016.
A statement from the minister’s office warned manufacturers, importers, sellers and end users of explosives in the country to desist from unprofessional activities, including the sale, procurement, storage and use of explosives in line with the provisions of the Explosives Act of 1964 , the Explosives Regulations of 1967 and other extant policy directives.
The Nigerian government has in recent years tightened its control on the distribution of explosives, as it fights a brutal insurgency by Boko Haram.
The group has killed thousands of people using suicide and car bombs since 2009.
Experts also believe that explosives, used legally by construction firms, are easily sourced by militants in the Niger Delta where oil and gas installations are frequently attacked.
It is however unclear whether the decision to blacklist NDCC had to do with such security threat.

http://www.premiumtimesng.com/news/headlines/208071-nigeria-blacklists-firm-revokes-licence-allegedly-diverting-explosives.html
Re: Nigerian Govt Blacklists Firm, Revokes Licence For Allegedly Diversion by chocolateme(f): 5:20pm On Aug 04, 2016
Nigeria
Re: Nigerian Govt Blacklists Firm, Revokes Licence For Allegedly Diversion by Nobody: 5:59pm On Aug 04, 2016
Nonsense
Re: Nigerian Govt Blacklists Firm, Revokes Licence For Allegedly Diversion by DaudaAbu(m): 6:13pm On Aug 04, 2016
Ok we don hear

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