₦airaland Forum

Multiple attacks on strategic oil and gas installations is costing Nigeria $2.4 million daily, a Cabinet minister said Tuesday as the military launched a manhunt for a militant and warned it will hold community leaders responsible for the "economic sabotage."

The attacks began Friday in the southern Niger Delta after a court issued an arrest warrant for former warlord Government "Tompolo" Ekpemupolo in connection with $17.4 million that has gone missing from government coffers.

Explosions on a Nigerian Gas Company pipeline connected to the Escravos facility of Chevron Nigeria is costing the country $1.98 million daily in lost power and $400,000 in gas, Power Minister Babatunde Fashola said, adding repairs would cost another $600,000.

Hundreds of people are fleeing the area and companies are evacuating workers for fear of a harsh military crackdown, community chieftain Elekute Macaulay told The Associated Press.

Tompolo has denied involvement in the theft and the attacks, centered around his hometown of Gbaramatu.

Residents said the military has launched a manhunt for Tompolo in the creeks and mangrove swamps and that militants are patrolling in home-made gunboats.

Military commander Maj. Gen. Alani Okunlola on Sunday urged community leaders to identify perpetrators of the "massive sabotage, critical to national assets."

Tompolo and others signed a 2009 amnesty in exchange for government stipends and lucrative contracts to protect installations they once sabotaged, ending years of conflict that was killing about 1,000 people a year and cut Nigeria's oil output by 40 percent.

There's been growing tension over a December deadline for the amnesty payments to stop.

Niger Delta militants demand a greater share of the oil wealth that provides 80 percent of government revenue and has devastated the area with pollution, destroying fishing grounds and agricultural fields.


http://abcnews.go.com/International/wireStory/attacks-oil-installations-costing-nigeria-24m-day-36383738

things fall apart

Trouble awaits this country... Nigeria is bleeding from all angles.

This is why PMB should consider dialogue

Pidggin:
This is why PMB should consider dialogue

Dialogue koor,monologue ni...
Infact, you deserve a ban for this comment.

cktheluckyman:
By the time Boyloaf,Ateke Tom,Asari Dokubo and other MEND commanders join the war an sure you will reconsider your stance!! Buhari is probing $17m and has been losing $2.4 since last friday!! Penny wise pound foolish.By the time MEND commanders in other states join the war,the losses might get up to $10m daily

They should bring it on,it is you and I that will suffer the consequences. Meanwhile,some of their ppl go don die like chicken.
You forget say the economy na the same,so if Nigeria lose $100b per day na only SW go suffer am?.

Nnamdi Kanu is stronger in Nigeria than Buhari.

Lanretoye:
Dialogue koor,monologue ni...
Infact, you deserve a ban for this comment.

By the time Boyloaf,Ateke Tom,Asari Dokubo and other MEND commanders join the war an sure you will reconsider your stance!! Buhari is probing $17m and has been losing $2.4 since last friday!! Penny wise pound foolish.By the time MEND commanders in other states join the war,the losses might get up to $10m daily