Akanimo Reports
17 March 2012
Warri : Nigeria
Members of the Niger Delta People Volunteers Force march in support of Nigeria ' s President Goodluck Jonathan on fuel subsidies removal in the oil hub city of Port Hacourt
LOCAL oil servicing firms in the Niger Delta axis of Nigeria ' s economy.
Though this is currently a major source of worry to the local players in the industry who had high hopes on the Local Content Act, as a major legal weapon to boost their businesses.
Industry watchers say the rip-off is largely due to the activities of foreign mafia who are said to be well-entrenched in the allegedly corrupt oil sector.
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