Tuesday, November 19, 2024
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FG threatens withdrawal of fertilizer firms’ licenses

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The Federal Government has threatened to withdraw the licenses of two local fertilizer manufacturing companies over alleged economic sabotage.

This comes as the National Security Adviser (NSA), Mr. Babagana Monguno, has confirmed the arrest of a store manager and five other employees of an explosives distribution company alleged to be suppliers of explosives to the Niger Delta militants.

Monguno said that over 9,000kg of explosives and 16,420 pieces of detonators have been used by the militants.

He was speaking at a meeting with manufacturers of fertilizer in Abuja and confirmed the use of commercial explosives in the attacks on oil facilities in the Niger Delta.

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The incessant bombings by the Niger Delta militants and Boko Haram militants have caused both economic losses and human lives in the country.

This over time has drawn concerns from the local and international community for ways of ending the attacks.

The warning from the National Security Adviser was clear; the federal government will not compromise in the provision of adequate security for its people.

 

.Channelstv

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