The Federal Government has uncovered a firm which supplies militants the explosives with which they have been bombing oil installations in the Niger Delta.
The firm was said to have diverted 9,000 kilogrammes of nitro-glycerine explosives and 16,420 pieces of detonators to the militants for โillegal useโ.
National Security Adviser (NSA) Maj.-Gen. Muhammed Babagana Monguno yesterday said investigation revealed that the explosives allegedly diverted by Nigerian Development and Construction Company (NDCC) based in Koko, Delta State, were being used by militants to bomb oil installations and facilities.
According to him, an inventory of the records of explosive magazines and quarries in the region, revealed the diversion of a large quantity of explosives and pieces of detonators.
NDCC, an importer and seller of explosives, has been sealed off, and its explosiveโs licence withdrawn.
The company has also been blacklisted.
Six people โ a store officer and five security operatives โ have been arrested and are being interrogated, Gen. Monguno said.
