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Contract Breach: Ijaw Youths Threaten To Stop Oil Coys Operation

The Ijaw Youths Council has threatened to disrupt the exploration activities of some oil multinational companies in the Eastern and Western regions of operation over the alleged violation of the contracts with host communities.

This was made known on Wednesday at a press briefing held by the Ijaw Youths Council in Yenagoa, Bayelsa State capital.

According to the council, the deprivation of host communities and local contractors in terms of gas logistics contracts, businesses and placements by the companies operating in Bayelsa, Delta, and Rivers States is worrisome.

They said the Nigerian Petroleum Industry has largely been dominated by foreign investors since the discovery of oil in the 1950s.

Despite the introduction of the local content Act of 2010 and the Petroleum Industry Act recently, grievances are still rife as regards the involvement of local contractors from the Niger Delta region.

The body expresses unhappiness over the alleged deprivation of some indigenous contractors by IOCs operating in their communities.

A stern warning is issued to the oil multinationals as they threaten to disrupt oil operations if the alleged violations are not dealt with immediately.

The Federal Government and other relevant agencies have also been asked to address the situation to avoid the breakdown of law and order while vowing to use the legitimate rules of engagement to thrive home their demands.

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