Security consultancy Pilgrims Group Ltd is issuing a warning to businesses with current interests in Nigeria.
Pilgrims Group warn:
Levels of violence and risk to businesses in Nigeria remain at a high, despite hopes following the country’s elections
Nigeria’s oil reserves are becoming increasingly attractive to foreign investors as an alternative source of energy. However;
Lack of unification between militant groups and changing demands has done little to improve the region’s security
Tactics used by these groups have included armed raids on heavily guarded facilities, both on and offshore, smaller targeted attacks against accommodation and kidnapping. This has resulted in the forced reduction of production capacity, the evacuation of families and non-essential personnel and, in the case of the Filipino government, the banning of its nationals travelling to the country to work as labourers.
Companies hoping to operate in the Delta region must consider themselves as at high risk, with a direct threat against their personnel and operations.
The overall security threat, particularly against energy companies, remains high.
