Olalekan Adetayo, Abuja

The Acting President, Yemi Osinbajo on Friday regretted that oil has become a curse or burden to communities in the oil-rich Niger Delta region.

He said this was despite that over 50% of the nation’s non-oil revenues was determined by oil.

Osinbajo said this at a town hall meeting he had with stakeholders in Yenagoa, Bayelsa State in continuation of the Federal Government’s consultation with oil-producing communities in the country.

A copy of his speech was made available to journalists in Abuja by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande.

Osinbajo recalled that it was in Oloibiri in the state that the history of oil exploration in Nigeria began and source of the nation’s wealth was discovered.

He noted that oil became the source of 70% of our national earnings and 90% of our foreign exchange earnings.

He said, “Over 50% of non-oil revenues is determined by oil revenues. But for the people of historic Oloibiri and the many oil-producing communities in this state and the Delta region of Nigeria, the blessing of oil paradoxically became a curse or at best a burden.

“Their means of livelihood, fishing and farming has consistently been destroyed by pollution.

“Worse still, huge resources earned over the years have simply disappeared.

“The roads, schools, hospitals and social amenities that the oil wealth should have provided are either not there or are patently inadequate.

“The majority of people of these communities and several parts of the oil-producing states have heard of the wealth that oil has brought but have hardly benefited from it.”

Osinbajo said he was in the state on behalf of President Muhammadu Buhari  to propose a new vision and to signpost a new era to the people of the oil-producing communities.



http://punchng.com/oil-become-curse-burden-niger-delta-osinbajo/

That's why I see our former president as a failure

He missed the golden opportunity to shine and to bring

Succor to the masses of Niger Delta

But it's a blessing to other region and looters?

sarrki:
That's why I see our former president as a failure

He missed the golden opportunity to shine and to bring

Succor to the masses of Niger Delta

What has Buhari done for the region in the last two years?

gurunlocker:


What has Buhari done for the region in the last two years?

Ogoni clean up

gurunlocker:
But it's a blessing to other region and looters?

Try and understand him


Their means of livelihood, fishing and farming has consistently been destroyed by pollution.

“Worse still, huge resources earned over the years have simply disappeared.

“The roads, schools, hospitals and social amenities that the oil wealth should have provided are either not there or are patently inadequate.

“The majority of people of these communities and several parts of the oil-producing states have heard of the wealth that oil has brought but have hardly benefited from it.”

sarrki:


Ogoni clean up

For real? what have you heard about it after the flag off?

Oil is actually a curse to the entire country

I think its true but its meaningless if this government didn't correct past mistakes on that region

gurunlocker:


What has Buhari done for the region in the last two years?

Not last two years,but last ten years

fistonati:
I think its true but its meaningless if this government didn't correct past mistakes on that region

I totally agree with you

Hiss sfx what utter garbage this guy is speaking with a bunch of half baked premises all to form nonsense arguements. The oil benefited the country and commuity fact. There's no denying it. How can adults say some inanimate object is the reason you didn't develope is just an excuse not to look in mirror. Let's not review policies let's blame oil production that brought billions into economy.

“Their means of livelihood, fishing and farming has consistently been destroyed by pollution."

Pollution destroyed commuity because nobody enforced standards with Nigeria. They didn't fine and make polluters pay damages to commuity. It's weird Nigerians went to UK courts to get justice for crimes committed in Nigeria by shell.

“Worse still, huge resources earned over the years have simply disappeared.

Disappeared into bank accounts, Elephant projects, years of mismanagement and other sorts curruption.

“The roads, schools, hospitals and social amenities that the oil wealth should have provided are either not there or are patently inadequate.

State government chose to do nothing positive. They do census and see what means to be done. State assembly acts like trained seals for any whim of governor.

“The majority of people of these communities and several parts of the oil-producing states have heard of the wealth that oil has brought but have hardly benefited from it.”

I would argue it has benefits of increasing economic development due to ancillary industries and wealth being brought into town. Then other business grow up around it.

in sane climes wia tins work, states or regions have tatal control ova all natural resources found within their domain, but in dis cess-pit wia wickedness is d way of life, states ar powerless ova their own God given resources. is dis not an anomally a con3 operating on a parasitic almajiri economy will NEVER develop!
d most cheated region in dis scam arrangement call nigeria in d whole of africa is niger-delta.

drss2:
d most cheated region in dis scam arrangement call nigeria in d whole of africa is niger-delta.

Jonathan had the opportunity he blew it

sarrki:
That's why I see our former president as a failure

He missed the golden opportunity to shine and to bring

Succor to the masses of Niger Delta

it's like there are no good brains in ur family cuz u must b demented to b typing all sorts of rubbish

Oloibiri is not the first place oil was discovered in Nigeria, rather, Araromi, Ondo state, in 1908..

sarrki:

Jonathan had the opportunity he blew it

so is buari recession dulard.

sarrki:
That's why I see our former president as a failure

He missed the golden opportunity to shine and to bring

Succor to the masses of Niger Delta

You see why I refer to Buhari as a failure, he took Nigeria back to back recession on two different occasions without recourse.

Yet North can only boost of highest illiteracy rate in Nigeria.

sarrki:


Ogoni clean up

Don't be stupid, 1% clean up haven't even started after noise.
Am not a fan of Jonathan, but Buhari is synonymous to failure.

kernel501:


Don't be stupid, 1% clean up haven't even started after noise.

Am not a fan of Jonathan, but Buhari is synonymous to failure.

Must you insult before making your points

Whof asked you of being a fan of Gej or not?

Why hiding your identity?

You exhibit the attitude of a wailing wailer by denying the obvious facts

sarrki:


Must you insult before making your points

Whof asked you of being a fan of Gej or not?

Why hiding your identity?

You exhibit the attitude of a wailing wailer by denying the obvious facts

I've never voted before in Nigeria, because it will take lots of lies to deceive one's self that any of the candidate can savage Nigeria.

Buhari has always been an illiterate, full of vendetta and hates. I wasn't surprise seeing him take Nigeria 40 years backward, halfing the fortune of Nigerians with his lack of economic direction.

sarrki:
That's why I see our former president as a failure

He missed the golden opportunity to shine and to bring

Succor to the masses of Niger Delta

Keep calling jona till 2019
You know he is the president

ZombieKilla:

Keep calling jona till 2019
You know he is the president

I will always call him he's my former president

sarrki:



Ogoni clean up

are you for real or your brain has started paining you again?

Boleyndynasty2:
are you for real or your brain has started paining you again?

Not at all

A journey of a thousand miles start with a step


The son of the soil I mean the bowler hat man did not do

Anything.

Ogbia people are complaining of water the other day

sarrki:



Not at all

A journey of a thousand miles start with a step


The son of the soil I mean the bowler hat man did not do

Anything.

Ogbia people are complaining of water the other day

my dear its the same thing, its better you don't make promises at all than make a promise and not fulfill it or keep to your own end of the bargain

APC has become a burden and curse to Nigeria.

Joejonah:
APC has become a burden and curse to Nigeria.

Hmmm

Boleyndynasty2:
my dear its the same thing, its better you don't make promises at all than make a promise and not fulfill it or keep to your own end of the bargain

This year baba and osinbajo will be firing from all the cylinders

Wait and see