The armed men reportedly arrived the yard at about 5am on Monday shooting sporadically to scare off security workers around the site before unleashing their explosives into the multimillion naira dredging facility of the company.
He reiterated that the incident had discouraged him greatly as it has affected expansion activities, causing him to strongly consider taking the investment elsewhere. At the last count he said, over 100 staff members were working at the Ship Yard with four of them from neighboring Rivers State.
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