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Attacks on oil installations is costing Nigeria $2.4M a day

2016-01-20 00:18:33| Energy - Topix.net

LAGOS, Nigeria - Multiple attacks on strategic oil and gas installations is costing Nigeria $2.4 million daily, a Cabinet minister said Tuesday as the military launched a manhunt for a militant and warned it will hold community leaders responsible for the "economic sabotage." The attacks began Friday in the southern Niger Delta after a court issued an arrest warrant for former warlord Government "Tompolo" Ekpemupolo in connection with $17.4 million that has gone missing from government coffers.

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