The Minister of Solid Minerals Development, KAYODE FAYEMI, who gave the blacklisting order said the company’s business premises should immediately be sealed off, in addition to the withdrawal of its explosive distribution licences.
A statement from the minister’s office said that the action by the government followed the outcome of investigations by the office of the National Security Adviser, NSA which revealed that the company was involved in illegal diversion of about nine thousand kilogramme of Nitro-glycerine explosives and over sixteen thousand 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.
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