• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, October 8, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Don’t disrupt Aiteco’s oil production, Bayelsa state warns

Oil

The Matters Press by The Matters Press
December 26, 2023
Reading Time: 2 mins read
0
Don’t disrupt Aiteco’s oil production, Bayelsa state warns

Yenagoa, Dec. 25, 2023: The Bayelsa government, says it will not allow a protest planned for Dec. 26 to disrupt oil production at Oil Mining Lease (OML) 29, operated by Aiteo Eastern Exploration.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

The Bayelsa government in a statement on Sunday by the Commissioner for Information, Orientation and Strategy, Chief Ayiba Duba warned the masterminds of the planned protest in Nembe Basambiri, that youths and chiefs’ council activities remained suspended in the area.

According to the state government, the security agencies have been alerted of the plot calculated to halt oil production at the OML 29 oil fields and deprive the state of the much needed oil derivation revenue.

The government said it would not want anyone under any guise to breach the prevailing peace in Nembe Basambiri and across Bayelsa.

“The attention of the Bayelsa government has been drawn to a planned protest on Dec. 26 by some individuals in Nembe Bassambiri in Nembe Local Government Area of the state, who have constituted themselves into youth and chiefs councils.

“The public should note that activities of these individuals are in violation of the subsisting suspension placed on all youth and chiefs’ councils’ activities in Bassambiri at the wake of a violent crisis traceable to the unwholesome conduct of the youth body and chiefs’ council in the area in August.

“The protest being planned by these individuals against Aiteo Eastern Exploration and Production Company will not only disrupt activities of the company but also breach the peace, undermine public order and safety as well as possible destruction of oil and gas infrastructure in the state,” it said.

The oil production at OML 29 had remained comatose for two years due to unsustainable levels of oil theft and vandalism on the 97 kilometre Nembe Creek Trunk Line (NCTL).

Aiteo, the indigenous oil firm that acquired the asset for 2.4 billion dollars, following divestment by Shell recently discarded the NCTL and resorted to direct export using a Floating Production Storage and Offloading Vessel.

The Bayelsa government explained that the planned protest was not only an affront on the authority of the state but also a sabotage of the Nigerian economy.

“Therefore, government wishes to warn those involved in this attempt to undermine the public peace in Nembe under the guise of protest against oil companies, to abort it immediately as there will be consequence for any unruly conduct.

“Meanwhile, all security agencies in the state have been put on red alert and will not hesitate to do everything within their means to prevent infraction in Nembe and indeed the entire state.

“To be forewarned is to be forearmed,” it added.

The management of the oil firm has yet to respond to request for response on the development.

Tags: Oil
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
Kano Local governments propose N229bn for 2022

UN gets $3.59bn budget for 2024

Importation of skilled labour contributes to unemployment

How we’ll reduce unemployment in 2024 — Firm

Recommended Stories

Nigeria moves to review ICRC Act

ICRC reiterates need for viable projects through PPP

June 2, 2022
Tanzania, Senegal team up over Airbus engine problems

Tanzania, Senegal team up over Airbus engine problems

March 18, 2023
Nigeria gets AfDB’s $14m as member of ATI

AfCFTA supports private sector’s bill of rights to facilitate intra-African trade

November 26, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us