Ceasefire Is Over, Niger Delta Avenger Tells FG
The Nigerian government has a reason to be afraid.
The Niger Delta Avengers are making a come-back.
On Friday, the militant group announced through a statement on its website that the ceasefire agreement it had with the federal government is nearing its end.
This signals the possibility of a resumption of attacks on oil facilities by the militant group in the Niger Delta region.
“Niger Delta Avenger's ceasefire on Operation Red Economy is officially over. We can assure you that every oil installation in our region will feel the wrath of the Niger Delta Avengers,” the group said in a statement on its website.
Attacks on oil facilities in the Niger Delta in 2016 cut Nigeria’s oil production to its lowest level in at least 30 years.
This is sad news for Nigeria that has seen its economy bounce back from recession following the cessation of attacks on oil facilities which led to increase in oil production output.
A resumption of hostilities on oil facilities could as well lead to reversal of the marginal growth recorded by the economy, thereby plunging Nigeria back into recession.
Militant activities in the region had ended after some peace initiatives spearheaded by Vice President Yemi Osinbajo were implemented within the year.
A quick intervention by the government could nip the current threat in the bud and allow Nigeria to benefit from rising crude oil prices.
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