Avengers Resume Attack, Bomb Oil Facility In Bonny

Image

niger-delta-avengers

By Ebitonye Akpodigha

Members of the Niger Delta Avengers (NDA) have reportedly destroyed an oil facility in the Niger Delta region of Nigeria.

This comes when the militants and the Federal Government agreed to a ceasefire to give room for talks.

Though lately, the Nigerian government deployed troops to the region in an operation code named ‘Operation Crocodile Smile’, which has caused uproar in some quarters.

The NDA disclosed on Saturday via its spokesman, Brig-Gen Mudoch Agbinibo, that it “brought down oil productions activities at the Bonny 48 inches crude oil Export Line” at exactly 8:40pm on Friday.

Mr Agbinibo further disclosed that, “This action is a signature to the over dramatization of the so-called dialogue and negotiation process on the side of President Muhammadu Buhari and his government.”

He said, “Since the cessation of hostilities and the commitment of the PAN Niger Delta Elders and stakeholders team, the Nigerian government and her agents are turning the expectations of the Niger Delta to shameful scenes obtainable in Nollywood acts and as well intimidations, blackmails and continuous profiling of Niger Delta sons and daughters. This is only a wake-up call; we may not have other way to say it better.”

“We are still in favour of the dialogue and negotiations but we are warning against ‘the peace of our time! We want the peace with honour’.

“We will resist all actions undermining the ceasefire from side of the government and it security agents/ agencies.

“The world is watching, time is running against the Nigerian state; while we were promised that the concerns of Niger Delta will be addresses once a truce is declared, the activities of the government and her agents are not assuring enough, there has been no progress and no breakthrough.

“We cannot be continuously fooled, the government cannot justify the indiscriminate targeting of Niger Delta youths while glorifying on these victimization of law abiding citizens of the region,” the group said.

Share
Related Stories
Image
27-November-2023

Ogun Governor Urges Nigerians to Give Tinubu More Time

By Bliss Okperan The Governor of Ogun State, Mr Dapo Abiodun, has asked Nigerians to give President Bola Tinubu more time, saying he has performed well in office since taking over on May 29, 2023, noting that he inherited an almost comatose economy from former President Muhammadu Buhari. “The President Tinubu-led administration has been very bold and audacious. They’ve taken the bull by the horns. They’ve done what no government has done in the history of Nigeria,” Mr Abiodun said during an interview on Channels Television’s Sunday Politics show. Recall that a few days ago on Channels TV, the Governor

Image
01-December-2023

Five Crew Members Suffer Injuries in Military Plane Crash in Rivers

By Bliss Okperan A helicopter operated by the Nigerian Air Force (NAF) on Friday crash-landed and exploded at the NAF Base, Port Harcourt, Rivers State. The NAF Director of Public Relations and Information, Air Commodore Edward Gabkwet, confirmed the incident in a statement, noting that the NAF-35p had taken off on an operation against oil thieves in Rivers State before the unfortunate incident. He said five persons on board survived the air mishap with minor injuries. “A Nigerian Air Force (NAF) MI-35P helicopter crashed at Port Harcourt today, December 1, 2023. The unfortunate incident occurred at about 7.45 am shortly

Image
01-December-2023

Shettima Promises Better Environment For Private Sector

By Adedapo Adesanya  The Vice President,  Mr Kashim Shettima,  has said the private sector forms an integral half of the crucial foundation that holds the Nigerian government, noting that President Bola Tinubu is committed to creating an environment that fosters entrepreneurship and innovation. This, according to him, explains why the president’s vision for Nigeria is grounded in eight priority areas, including poverty eradication, economic growth, job creation, and equitable access to capital. The Vice President spoke on Thursday while commissioning some projects, including the Ijele 93.1 FM Radio Station, Phase Two of the Sir Emeka Offor Foundation (SEOF) Touch-a-Life Housing

Image
27-November-2023

Fils Launches Payment Platform to Transform ESG, Sustainability

By Adedapo Adesanya Fils has launched a platform to help global businesses turn intent into action when integrating sustainable values into the core of digital payments. The new innovation paves the way for trust and safety in carbon markets, bringing together buyers with capital, and suppliers with high-integrity carbon credits, at the rate and scale required to rebalance the planet.  Designed as a holistic, enterprise-grade B2B2C product offering, Fils leverages the power of leading technologies for its end-to-end infrastructure to transform various industries, including financial services, hospitality, and e-commerce. This makes it easier for businesses to act on the core

More Stories
Image
16-June-2021

500 Volunteers Undergo Training as 3rd BOSKOH Begins

By Modupe Gbadeyanka Over 500 volunteers underwent a training programme over the weekend at the Adeyemi Bero Hall, Alausa Secretariat, Ikeja, Lagos. The exercise was part of activities lined up for the 3rd Babajide Olusola Sanwo-Olu & Kadiri Obafemi Hamzat Healthcare Mission International (BOSKOH). BOSKOH is a free medical and wellness outreach that includes surgeries for all Lagosians in need of it and this year’s edition is themed Jigi Bola Relaunch. Speaking at the training, the wife of the Lagos State Governor, Mrs Ibijoke Sanwo-Olu, thanked the BOSKOH team and its leadership for being at the forefront of providing healthcare

Image
20-November-2017

FG Feeds 5.2m Pupils Under School Feeding Scheme

By Dipo Olowookere At least 5 million pupils in 19 states of the federation are benefiting from the President Muhammadu Buhari-led administration’s free school feeding programme. This, according to a statement signed by Mr Laolu Akande, the Senior Special Assistant to the President on Media and Publicity at the Office of the Vice President, Mr Yemi Osinbajo, is in furtherance of this government’s goal to tackle poverty and hunger, and to create jobs for Nigerians in line with its inclusive growth plan. The scheme tagged National Home-Grown School Feeding (NHGSF) programme, is now in 19 states across the federation. They

Image
15-March-2017

ExxonMobil, WEConnect Task Nigerian Women

By Modupe Gbadeyanka Women in Nigeria have been urged to see themselves as positive agents of change in the country and not push overs. This charge was given at an empowerment programme organised in Lagos recently by ExxonMobil in partnership with WEConnect International in commemoration of the International Women’s Day (IWD) held on March 8, 2017. At the event themed ‘Bold Steps for Big Change,’ women were advised to be more involved in the growth of the economy because they have the huge potential to achieve this. Keynote speaker of the seminar, Mrs Folorunsho Alakija, a business mogul, lamented that

Image
14-June-2018

Asian Shares Fall as Trade War Fears Resurface

By Investors Hub Asian stocks fell on Thursday as trade war fears resurfaced and the U.S. Federal Reserve sounded slightly more hawkish after raising interest rates for the second time this year. Investors also adopted a cautious stance ahead of the European Central Bank’s monetary policy announcement later in the day amid expectations the central bank will signal a winding down of its vast bond-buying program by the end of this year. China’s Shanghai Composite Index dipped 5.33 points or 0.2 percent to 3,044.46 after reports suggested the Trump administration is preparing to proceed with tariffs on Chinese goods. Hong

Image
14-February-2019

MasterCard Love Index Unveils Spenders for Valentine’s Day

By Dipo Olowookere A new report has shown that spenders in Africa and the Middle East are willing to dig deeper into their pockets to make their partners happy on Valentine’s Day. In the annual MasterCard Love Index, these spenders are going online to do it, with a 107 percent increase in the number of e-commerce transactions between 2016 and 2018. The Index, which is created by analysing credit, debit and prepaid card transactions over a three-year period (11th-14th February 2016-18) has revealed that whilst sentimental spending has increased globally by 3 percent since 2016, in MEA, this has increased

Image
26-November-2021

IITA Laments Poor Budgetary Allocation to Agriculture in Africa

By Adedapo Adesanya The International Institute of Tropical Agriculture (IITA) has blamed the insufficient budgetary allocation to agriculture as a major impediment in most African countries. This formed part of the points raised by the Director-General of the agency, Mr Nteranya Sanginga, who added that this had been militating against the development of the sector in the continent. Mr Sanginga, from the Democratic Republic of Congo (DRC), assumed office in 2011 and is the first African director-general of the 54-year-old international institute. Speaking in Ibadan, Oyo State at an interactive session, said that except adequate attention was paid to agriculture

Image
28-May-2018

Rivers APC Praises Amaechi at 53

By Modupe Gbadeyanka Rivers State Chapter of All Progressives Congress (APC) has hailed the former Governor of the state and present Minister of Transportation, Mr Chibuike Rotimi Amaechi, on the occasion of his 53rd birthday anniversary. The party announced this through a press statement signed and released on Sunday by the newly-elected State Chairman of the APC, Mr Ojukaye Flag-Amachree. In the statement, the APC applauded Mr Amaechi for providing focused and unwavering leadership for the party and its members in the State. “It is a thing of joy that our leader, Chibuike Rotimi Amaechi has provided the needed focused

Image
23-August-2018

Essential Tips for Choosing an Airline

By Adeniyi Ogunfowoke Whether it be a business travel or a holiday, choosing the right airline is important if you wish to avoid anxiety and stress. Once you confirm your destination with your travel agency and have decided to fly, it is time for you to choose the right airline. Nowadays, there are a handful of local and international airlines in operation – each offering different types of features and services at varying rates. If you find it difficult to choose an airline, Jumia Travel, the leading online travel agency, shares tips to consider before booking an airline. Value for

Ad
Ad
Recent Stories
Image
02-December-2023

Strong Inflationary Pressures Keep Nigeria’s Private Sector PMI Down

By Modupe Gbadeyanka Strong inflationary pressures in November further negatively impacted companies in Nigeria, with new orders and output both falling as customers were either reluctant or unable to pay higher charges. Purchase prices rose at the fastest pace in almost two years amid exchange rate weakness and higher costs for fuel and materials. According to the latest Purchasing Managers’ Index (PMI) from Stanbic IBTC, business conditions remained under pressure, scoring 48.0 points last month compared with the 49.1 points it garnered in October 2023. Readings above 50.0 signal an improvement in business conditions, while readings below 50.0 show deterioration.

Image
02-December-2023

Coker-Odusote: 100 Days at the Helm of NIMC

By Walter Duru, Ph.D It was Albert Einstein who once said that “setting an example is not the main means of influencing another, it is the only means.” That sentiment expressed by Einstein is the primary essence behind the theory of transformational leadership, which requires passion, charisma, and the ability to motivate others. Transformational leaders are usually very authentic, emotionally intelligent, great listeners, results-focused, visionary, and self-aware. In just 100 days at the helm of the National Identity Management Commission (NIMC), Engr. Abisoye Coker-Odusote has ushered in a new era of transformational leadership, leaving an indelible mark on the organization. Her eventual confirmation

Image
02-December-2023

Partnerships for Progress: Collaboration Between Banks and Fintechs is the Future of Banking in Africa

By Ike.S Anison Historically, the formal banking sector’s penetration in Africa has been relatively low. And, while there has been significant improvement in this area in recent years, there is still a significant portion of the population on the continent who are unbanked or lack access to financial services. According to the World Bank, approximately 350 million adults in sub-Saharan Africa are still unbanked, accounting for 17% of the 2 billion global unbanked population. This has largely been due to a struggle to tap into the continent’s low-income segment, the widest proportion of the population. Consumers within this market feel

Image
02-December-2023

Naira Plunges 11.4% to N927/$1 at Official Market as FX Demand Rises

By Adedapo Adesanya The Naira started the first trading session in the last month of 2023 on a negative note after it depreciated against the Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM), which is the official FX window, by 11.4 per cent or N94.87 on Friday, December 1, closing at N927.19/$1, in contrast to Thursday’s exchange rate of N832.32/$1. The December rush for forex contributed to the weakening of the domestic currency in the spot market yesterday, as the supply of foreign currency could not meet what customers needed. Data showed that the value of FX transactions recorded

Image
02-December-2023

Newrest, FrieslandCampina, Acorn Drive 0.14% Gain at Unlisted Stock Market

By Adedapo Adesanya The trio of Newrest Asl Plc, FrieslandCampina Wamco Nigeria Plc, and Acorn Petroleum Plc made the NASD Over-the-Counter (OTC) Securities Exchange appreciate by 0.14 per cent on Friday, December 1. The three gainers pressed down the 8 Kobo loss reported by UBN Property Plc, which closed the trading session at N1.52 per unit compared with the preceding day’s value of N1.60 per unit. During the trading day, Newrest Plc gained N1.46 to close at N16.10 per share compared with Thursday’s closing price of N14.64 per share, FrieslandCampina Wamco Plc moved up by 60 Kobo to end the

Image
02-December-2023

Oil Falls on Worries About Voluntary Supply Cuts

By Adedapo Adesanya Oil slumped by more than 2 per cent on Friday as traders showed scepticism about the depth of supply cuts by the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) as well as concerns about sluggish global manufacturing activity. Brent crude went down by $1.98 or 2.45 per cent to close at $78.88 a barrel as the US West Texas Intermediate (WTI) crude dropped $1.89 or 2.49 per cent to sell for $74.07 a barrel. For the week, Brent posted a decline of about 2.1 per cent, while WTI lost more than 1.9 per cent.

Image
02-December-2023

Sanwo-Olu Assures Businesses More Incentives, Commissions New Godrej Factory

By Modupe Gbadeyanka Business owners in Lagos have been assured of more incentives by the state governor, Mr Babajide Sanwo-Olu, who added that this is part of his administration’s commitment to reforms aimed at improving the ease of doing business and enhancing investment opportunities. Speaking at the commissioning of the newly-built wet hair production factory of Godrej Nigeria Limited, the Governor said his government would continue to pursue actions that would eliminate red tapes and regulatory impediments hindering the growth of businesses in the state, thereby demonstrating his willingness for continued collaboration with the private sector to improve the livelihood

Image
02-December-2023

Nigerian Exchange Begins December With 0.08% Growth

By Dipo Olowookere The Nigerian Exchange (NGX) Limited commenced the first trading session in December 2023 on a bullish note, with a marginal growth of 0.08 per cent. Sustained buying pressure kept Nigerian stocks in the positive territory, extending the dominance of the bulls on Customs Street, though the turnover waned. Business Post observed that investors cherry-picked equities in the banking and the energy sectors during the session, leaving them rising by 1.14 per cent and 0.05 per cent, respectively. However, the insurance counter lost 1.10 per cent, the consumer goods index depreciated by 0.08 per cent, and the industrial

Image
01-December-2023

CBN Orders Banks to Place PND on Accounts Without BVN, NIN

By Adedapo Adesanya All bank accounts without Bank Verification Number (BVN) and National Identification Number (NIN) will from April 2024 have “Post No Debit (PND)” placed on them. This is the latest directive of the Central Bank of Nigeria (CBN) to financial institutions operating in the country. In a circular issued by the apex bank and sent to all deposit money banks (DMBs) on Friday evening, the CBN said all the BVN or NIN attached to and/or associated with AL accounts/wallets must be electronically revalidated by January 31, 2024. In the circular seen by Business Post, the central bank said

Image
01-December-2023

LCCI Demands Transparency in CBN Recapitalisation Plan

By Adedapo Adesanya The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to strengthen its banking supervision to prevent some crucial Nigerian banks from failing due to its planned recapitalisation. Last Friday, the Governor of CBN, Mr Olayemi Cardoso, said the CBN would be directing banks to increase their capital base to serve a $1 trillion economy to be achieved by 2030. In a statement signed by Mrs Chinyere Almona, the director general of LCCI, the chamber said, “On recapitalisation of banks, we commend the plan of the apex bank to review the