Skip to content
September 17, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Osinbajo in Focardos, says Pipeline Vandalism, worst Kind Of Terrorism
  • National News

Osinbajo in Focardos, says Pipeline Vandalism, worst Kind Of Terrorism

Admin April 16, 2016

Vice President Yemi Osinbajo and Dr. Ifeanyi Okowa at Olubi Air Strip recently

VP Osinbajo and Okowa at Osubi Airstrip in WarriNigeria Vice President, Professor Yemi Osinbajo has said that the Federal and State government were committed to ensure the quick repair of the vandalized 48 crude pipeline at Focardos Export Terminal to ameliorate the sufferings of Nigerians.

Speaking during an interview with Journalists  Friday after an inspection visit to ongoing repair work at the terminal,  Prof. Osinbajo condemned the act of vandalism, explaining that it was as bad as any kind of terrorism and would not be tolerated by government because it  is criminal and had adverse effect on the economy.

According to him: ” Federal government is working with the state and Shell Petroleum Development Company to ensure that the damaged pipeline is repaired quickly because government is losing a lot of money since that terminal stopped working, About 300,000 barrels of crude oil daily  is shut in which is a great loss to our economy.” he said

“Pipeline vandalism is what we are trying to curtail and we are beefing up security in the area to ensure that such incident does not happen again because it has also affected gas production in the country resulting in the epileptic power supply being experienced in the country.”

Also speaking, Governor Ifeanyi Okowa, said that the Focardos Terminal was important to the state and federal government as it was the Export Terminal used by Shell Petroleum development Company to evacuate product for sale stressing that ” all production on land both crude and gas by Shell has been reduced, this is affecting power supply in the country.”

He expressed hope that the repair works on the damaged pipeline would be completed by May ending for operations to commence saying ” We were briefed by Shell that the repair works on the pipeline will be completed by May ending, it means that the terminal will become functional soon.”

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous It’s Man City Vs Real Madrid, Atletico Vs Bayern in Champions League Semi Final Clashes
Next Fayose Lauds US, UK for Condemning Buhari’s Witch-hunt of Opposition, Says There is Tyranny in Nigeria

Related Stories

FG Rules Out Fee Hike, Job Losses in King’s College Management Deal
  • National News

FG Rules Out Fee Hike, Job Losses in King’s College Management Deal

September 16, 2026
Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi
  • National News

Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi

September 16, 2026
FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit
  • National News

FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit

September 16, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

FG Rules Out Fee Hike, Job Losses in King’s College Management Deal
  • National News

FG Rules Out Fee Hike, Job Losses in King’s College Management Deal

September 16, 2026
Beyond Coverage: Device Costs Emerge As Main Barrier to Nigeria’s Internet Growth, AI Adoption 
  • Special Reports

Beyond Coverage: Device Costs Emerge As Main Barrier to Nigeria’s Internet Growth, AI Adoption 

September 16, 2026
Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi
  • National News

Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi

September 16, 2026
FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit
  • National News

FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit

September 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.