Ejiofor Alike in Lagos and Sylvester Idowu in Warri
For the second time in two days, the Niger Delta Avengers (NDA), the militant group responsible for the relentless attacks on oil facilities in the Niger Delta, on Monday night breached two manifolds operated by the Nigerian Petroleum Development Company (NPDC), the exploration and production subsidiary of the Nigerian National Petroleum Corporation (NNPC), at Batan community in Warri South West Local Government Area of Delta State.
The group, which blew up five oil facilities in the wee hours of Sunday morning, also bombed two more trunk lines belonging to the NNPC in the area and oil well 10 operated by Chevron at Mararaba community in Gbaramatu Kingdom.
The reign of destruction by the group is likely to impact oil prices which fell by four per cent yesterday amid concerns of a global economic slowdown sparked by Britain’s exit from the European Union (EU) and data showing an increase in US crude stock.
Connect via email
- How CBN is tackling inflation, exchange rate volatility – Emefiele – The Nation
- Nigeria’s Buhari warns off separatists, takes back control after treatment – Reuters
- CBN lifts forex market with $195m – Guardian
- Oil prices fall almost two per cent after end-of-week rally – Guardian
- Dollar to Naira Rate Black Market August 22 2017