Shocking cost of pipeline vandalism in Niger Delta revealed

 – The shocking cost of Niger Delta militantism has been revealed

 – Delta state has recorded a N2.6 billion loss due to sabotage attacks

 – Militants in the delta are waging a campaign against oil companies in the region

The shocking cost of Niger Delta militant attacks in southern Nigeria has been revealed.

Reports have emerged that N2.6 billion in revenue has been lost due to militant attacks in the last few weeks in Delta state.

Executive Director, Planning, Research and Statistics, Delta State Oil Producing Areas Development commission (DESOPADEC), Victor Wood yesterday confirmed the figure while speaking to journalists in Asaba yesterday.

She did however go on to add that the figure was an estimate.

While appealing to the restive youths to put an end to the destruction of pipeline installations and facilities, Wood expressed concern about possible future sabotage attacks in the state.

He noted that as long as the campaign of economic sabotage continues, there is no way multinational oil companies would establish oil companies in the state.

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Militants in Delta and Rivers states are continuing to wage a campaign of sabotaging crucial oil infrastructure facilities.

One of the largest militant groups, the Niger Delta Avengers, recently threatened to assassinate President Muhammadu Buhari if he visited Ogoniland in rivers state, stating he would be ‘singing his own death warrant’ by visiting the region.

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