Armed invaders from the local Ogbainbiri community in Nigeria have occupied a pumping station owned by Italian Company Agip, the fourth largest oil producing company in Nigeria.
The grievances of the community are communal. Agip has failed to cleap up an oil spill in the area and provide shore protection around the community.
Though the peace talks with the invaders have not led to a breakthrough, officials of the Bayelsa state hope to resolve the crisis soon since the resultant loss in crude oil is no less than 35,000 barrels a day.
Kidnappings and militant attacks on oil facilities in the Niger Delta since the beginning of the year have resulted in losses amounting to $35 million daily!
With the approach of the general elections in the coming year, Nigerian officials are worried that the attacks may worsen.
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