Bayelsa State Governor, Senator Douye Diri, has lamented what he described as the deliberate despoliation of the Niger Delta environment by oil companies operating in the region.

Though the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, is designed to foster institutional collaboration, and maximize resource utilisation as well as participation of Nigerians in oil and gas activities, by linking oil and gas sector

Globally, about $25 billion to $30 billion will be spent on oil exploration activities although cost efficiency challenges may slip by as much as 15 per cent.

There are indications that thousands of jobs may be lost as the confrontation between Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and petroleum industry service firms worsens.    Leaders of the Petroleum Technology Association of Nigeria (PETAN) who met in Lagos over a spate of widespread picketing on the group’s members are currently exploring…

With placards carrying various messages, the protesters sang solidarity songs and baricaded the entrance of KRDF’s secretariat in Opolo area of Yenagoa, the state capital.

The lawmaker described the situation as worrisome, adding it was a dangerous development that should not be allowed to continue.