Fidelity bank card banner Emerald Energy Institute Camano banner

Militants deal heavy blow to oil facilities •Attacks result to $2.4m loss a day; Port Harcourt and Kaduna refineries shut

By News Express on 20/01/2016

Gmail icon

Views: 2,436

Last weekend’s multiple attacks on strategic oil and gas installations by suspected Niger Delta militants are taking a heavy toll on the Nigerian economy. The attacks are now costing Nigeria $2.4 million daily, an Associated Press report quoted Power Minister Babatunde Fashola as disclosing

The attacks began Friday in the southern Niger Delta after a court issued an arrest warrant for former warlord Government Ekpemupolo alias Tompolo in connection with alleged $17.4 million fraud.

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, AP quoted Fashola as saying, 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.

The losses further mounted as the Nigerian National Petroleum Corporation (NNPC) this afternoon announced the operational shutdown of the Port Harcourt and Kaduna refineries owing to crude supply challenges.

A statement by the Group General Manager, Group Public Affairs Division of the NNPC, Ohi Alegbe, said that the plants were shut simultaneously on Sunday after the Bonny-Okrika crude supply line to the Port Harcourt Refinery and the Escravos-Warri crude supply line to the Kaduna Refinery suffered breaches.

NNPC stated that before the closure, the Port Harcourt Refinery was recording a daily PMS yield of over 4.1 million litres while Kaduna Refinery was posting a daily petrol production of about 1.3 million litres.

The statement noted that the Warri Refining and Petrochemicals Company is still on stream and producing a little above 1.4 million Litres of petrol per day.

The Corporation however assured Nigerians that it had put in place strategies to guarantee unimpeded country-wide availability of petroleum products.

“In response to the unexpected setback, we have activated comprehensive remedial measures to sustain the prevailing stability in the supply and distribution of petroleum products across the country,” the NNPC said.

•Photo shows Niger Delta militants.

Source News Express

Posted 20/01/2016 7:26:59 PM





You may also like...
Lagos mobile preacher remanded over theft of Lexus...

Tinubu tips SGF Babachir Lawal to make a...

Primaries: Compromise and be sacked, Oshiomhole warns state...

Bayelsa Polls: APC thugs destroy Dickson campaign billboards...

Ukah solicits support of Delta religious leaders, opinion...

Over 300 Nigerians stranded as Cameroon shuts border...

Tension in Anambra over concession of motor parks...

Northern youths hail Akpabio, declare him apostle of...

Former PDP National Financial Secretary defects to APC...

Brave man wrestles Boko Haram killer squad member...

APC governors battle for control of party

Onnoghen: NBA insists on withdrawal of charges against...


Latest News Biafra: Kanu leads delegation to UN Buhari vs Atiku: Activist seeks visa ban on Presidential Election Petition Tribunal Justices Association to set up vigilance groups in Igboland •Launches intelligence/surveillance unit Makinde drags Ajimobi before EFCC, ICPC UNILAG releases cut off marks for admissions into various courses Anxiety over Alaafin of Oyo’s absence at Oranyan festival Delta rehabilitates Federal roads I’ve passed through turbulent times since becoming Governor — Abiodun Health Management Board Director dragged to ICPC over certificate scandal Police confirms 3 killed in Akwa Ibom cult clash Imo Recruitment, Appointments Committee submits report We must talk about Peter Obi now — Cleric


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (540,160 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (442,793 views) Shameless Genevieve Nnaji exposes breasts in public (389,065 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (326,525 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (294,479 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (253,558 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (249,599 views) 10 cars more expensive than Jets (238,207 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (231,358 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (217,344 views) Lagos plane crash: Journalist releases victims’ names (195,742 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (193,353 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,443) Business Verdict (80) Columnists (1,108) Complaints & Requests (96) Enterprise & Opportunities (215) Entertainment (664) Features (809) Global Business Monitor (441) ICT Monitor (63) International (3,949) Interview (203) Live Commentary (30) Love Matters (170) Maggie's Blog (410) News (51,334) Opinion (1,357) Pidgin (17) Politics (11,441) Religion (1,102) Sports (2,166) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera