Friday, February fourteenth, the UN says at least 22 people have been killed in a village in the Northwest region of Cameroon. Over half of those killed were children. No one has claimed responsibility for Friday’s incident but the opposition parties blame the killing on the government.
Pipeline bombing deepens Nigeria's oil export
This was even as Eni,
yesterday, said it had declared force majeure on the Brass River crude oil
stream after the bombing of the pipelines used in the transport of the crude
oil grade.
According to reports, roughly 21,000 barrels per day (bpd) in total
of the stream’s production were impacted by the blast, but just 4,200 bpd were
from Eni’s equity stake.
At the current price of $48.44 per barrel for the
benchmark crude grade, Brent, and using an average exchange rate of XAF589.573 to a
dollar, Nigeria is currently losing $1.017 million, about XAF596.688 million.
Militants had in the last couple of weeks,
stepped up attacks on petroleum products pipeline across the Niger Delta, with
the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, declaring that
the bombings had reduced Nigeria’s crude oil export by 800,000 barrels per day,
from about 2.2 million barrels to 1.4 million barrels per day.
Reacting to the
bombings, Acting Director-General of the proposed Maritime Security Agency
(MASECA), Mr. Jacob Ovweghre, called on the Niger Delta Avengers, NDA, and
other militant groups to henceforth, discontinue the attacks on oil facilities
in the Niger Delta.
In a statement in Abuja, Ovweghre advised the NDA to have a
rethink of their action and use intellectual agitation within the ambit of the
law to pursue their demands, so as to gain credibility.
He said the actions of
the NDA and other militant groups would cause greater pain to the people of
Niger Delta, who would bear the direct burden of the crisis and not the government.
According to him, the destruction of the pipelines in the Niger Delta will
reduce the states’ revenue bases and bleed the nation’s economy, increase
environmental degradation, pollution, poverty, hunger, school drop-out, unrest,
insecurity, under-development and economic loss.
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