To douse tension in the oil-rich Niger Delta, the Federal Government plans to award to indigenes of the region marginal fields’ oil blocks abandoned by the oil majors as being not commercially viable.

The plan is in line with the government’s larger objective of reducing major incidents of restiveness to about 90 per cent by next year. Over the years, there have been agitations over oil resource ownership, which have become intense with allegations that about 90 per cent of northerners own the oil blocks awarded in the country.

If the plan is implemented, the ownership structure of the nation’s petroleum assets will not only begin to change, but also empower the host region, which has for decades suffered economic deprivation and environmental degradation on account of these resources.

The Minister of State, Petroleum Resources, Ibe Kachikwu, who disclosed this yesterday in Lagos, said the plan was part of the larger “stability incentive scheme” under “a harmonised holistic development plan for the Niger Delta.”

Expatiating on the plan, Kachikwu said: “This will include creating stability incentive schemes – jobs, investments, contracting opportunities for the zone, and the use of marginal fields’ allocations to state governments and indigenes to help reduce tension and get buy-in without excluding the rest of the country.”

source from Guardian

Commendable.

If this happen who need biafara

Dy indigenes still their cronies nd frnds so make una no think say na poor fellow go get am

Ok

The Niger Delta doesn't equate to Biafra.

Hector09:
If this happen who need biafara

Mixed feelings

The truth is only the rich will keep getting richer

That means the agitation is fake from onset

Masses of Nigeria is in real deep poo

Hector09:
If this happen who need biafara

A confused wailer is better than a sociopath

What a stupid and dumb idea. How does awarding a handful of people uplift the community?

What they should do is to revoke the oil Wells with private individuals.

This government is gradually losing it.

."Federal Government plans to award to indigenes of the region marginal fields’ oil blocks abandoned by the oil majors as being not commercially viable."".....according to FG



.... (abandoned and none commercially viable ) ..all i see is fraud and deception


MMM loading.......
.

The Niger deltans should continue to fight and agitate for their right

Lolz

Sai Baba should please consider me too.

Archaa:
.

Why the booking?

I can't understand this! Give them marginal fields and give the major fields to ur kinds. Quite interesting! And you think there'll be peace after that? Jokers!

Hector09:
If this happen who need biafara

Abandoned oil blocks and none commercially viable


that is a scam .

Source is not linked?

Proper-ganda to keep the region's youth talking till public holiday on Friday

ABANDONED AND NOT COMMERCIAL VIABLE......? What is abandoned is abandoned which this government can never allow to it work. If our government is sincere why can't they give them the ones that are working. This is just another scam!

Perhaps a couple of Niger Deltans will share say from 10% of the Licenses while the usual culprits will take the remaining 90%.

We knw u re capable. D point I lost faith in dis govt was wen u were removed as d MD of NNPC.

But a greater call awaits u in delta

#nextgovofdelta

Niger Delta indigenes should actually own 90% of the oil blocks.
I don't know why they are accepting peanuts for their own resources.

Would Fulani agree to take 13% of cow sales money and give 87% to the south?

OreMI22:
Niger Delta indigenes should actually own 90% of the oil blocks.
I don't know why they are accepting peanuts for their own resources.

Would Fulani agree to take 13% of cow sales money and give 87% to the south?

Will this completely end d problems?

TippyTop:
Commendable.

How? How can it be commendable to give someone what belongs to them?

At all, at all na im bad pass.