A NEW PLAN: A 20-POINT AGENDA TO STOP OIL SECTOR MILITANCY IN THE NIGER DELTA
The presence of militant groups and their attacks on oil installations in the oil-rich Niger Delta has been a major source of concern to the Federal Government of Nigeria. This has affected the planned volume of 2.2 million barrels of crude oil production per day and hence a fall in government oil revenue. With the reduction in crude oil production and a fall in the prices of crude oil globally, it is obvious that the 2016 budget may not be fully implemented due to the resultant fall in government revenue. Being a major source of earnings, contributing over 90% to government revenue, crude oil has become a mainstay of the Nigerian economy. Therefore, any unrest due to militancy and other form of agitations in the oil-producing Niger Delta region usually threatens the health of the country’s economy. In trying to find lasting solutions to the activities of militant groups in the oil-rich Niger Delta, the Federal Government, through the Minister of State for Petroleum...