👀 Copy Legendary Investors' Portfolios in One ClickCopy For Free

Former Nigerian militants get contracts to combat oil theft

Published 09/01/2022, 11:23 AM
Updated 09/01/2022, 11:27 AM
© Reuters.

(Corrects spelling of spokesman Paul Bebenimibo in paragraphs 5, 6 and 8)

By Tife Owolabi

YENAGOA, Nigeria (Reuters) - Nigeria's state oil company has hired a company owned by former militant Tompolo, whose movement's attacks on facilities in the early 2000s crippled oil production, to protect installations and tackle rampant theft, his spokesman said.

It was one of five security contracts awarded as theft and pipeline sabotage have cut Nigeria's oil exports by nearly half a million barrels per day to 1.4 million bpd.

Tompolo, whose real name is Government Ekpemupolo, once lead the Movement for the Emancipation of the Niger Delta (MEND), which made frequent attacks until a government amnesty programme gave some militants contracts to protect oil installations.

Attacks resumed in 2016, not long after the government issued an arrest warrant for Tompolo on corruption charges.

Paul Bebenimibo, a spokesman for Tompolo, said the companies would protect pipelines Bayelsa, Delta, Edo, Ondo and Imo states.

Bebenimibo said that Tompolo told others in the region to stop stealing from the pipelines and accept security jobs to enable the economy in the region to bounce back.

An NNPC source confirmed the contracts but the state oil company did not comment when reached by Reuters. Spokesmen for Bayelsa, Delta and Imo state said they were aware of the contracts but did not know details. Spokesmen for Edo and Ondo did not comment.

Bebenimibo said the companies were Global West, owned by Tompolo, Ocean Marine Solutions, Labrador Security Outfit, Asari Dokubo and a fifth undisclosed company.

(This story corrects the spelling of spokesman Paul Bebenimibo in paragraphs 5, 6 and 8)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.