FG blacklist firm for allegedly diverting explosives

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For allegedly diverting explosives, the Federal Government has blacklisted the Nigerian Development and Construction Company (NDCC), an importer and seller of explosives in Koko, Delta State.
  The Minister of Solid Minerals Development, Kayode Fayemi,  in a statement said the  company’s  premises should immediately be sealed off.
  The sanction is the outcome of investigations by the office of the National Security Adviser (NSA), which revealed that the company was involved in alleged illegal diversion of about 9,000 kilogramme of Nitro-glycerine explosives and 16,420 pieces of electrical detonators from its magazines between 2015 and 2016.
The statement warned manufacturers, importers, sellers and end users of explosives in the country to desist from unprofessional activities, including the sale, procurement, storage and use of explosives in line with the provisions of the Explosives Act of 1964, the Explosives Regulations of 1967 and other extant policy directives.

*Contact Editor through citybusinessnews@yahoo.com

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