• Contact Us
  • About Us
Saturday, March 28, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Updated: FG resumes payments to former Niger Delta militants -Official

metro by metro
January 5, 2017
in News
0
Niger Delta militants

Niger Delta militants

0
SHARES
0
VIEWS

FG  has resumed payments of cash stipends to former militants agreed under a 2009 amnesty in the country’s Niger Delta oil hub, a government official said on Thursday.

 The government has been holding talks with militants to end attacks on crude pipelines which reduced Nigeria’s output by 700,000 barrels a day for several months last year.

Authorities had originally cut the budget for cash payments to militants to end corruption but later resumed payments to stop pipeline attacks crippling vital oil revenues.

Read Also

Concerns Over Trump’s  Reshaping Of US Historical, Cultural Institutions 

Trump’s Approval Hits New 36% Low As Fuel Prices Surge Amid Iran War-Poll 

Ghana’s president, In New York, says US ‘Normalizing’ Erasure Of Black History

“Two months of the ex-militants’ stipends were paid yesterday … The rest of their stipends will be paid later in batches by (central bank) CBN,” said Piriye Kiyaramo, an officer in the government’s Amnesty Office.

He said the paid stipends covered August and September.

Each former militant is entitled under the amnesty to 65,000 naira ($206.68) monthly plus job training.

Eric Omare, spokesman for the Ijaw Youth Council (IYC), which represents the Delta’s biggest ethnic group, said former militants had complained to the region’s top negotiator handling talks with the government about payment delays.

President Muhammadu Buhari met Niger Delta leaders and representatives for the militants in November to discuss their demands but little progress has emerged publicly since then.

The militants and residents who sympathise with them say they want a greater share of Nigeria’s oil wealth to go to the impoverished region.

Crude sales make up about 70 percent of government revenue and the attacks have deepened an economic crisis brought on by low global oil prices.

Nigeria currently produces “close to” 1.8 million barrels a day of crude, its oil minister said last month, the latest official figure. Output had been 2.2 million bpd at the start of 2016 when a wave of pipeline attacks began.

 

Previous Post

Accidental gun discharge in Aso Rock villa leaves staff wounded

Next Post

OPEC oil output falls from record high ahead of planned cuts -Reuters survey

Related Posts

Concerns Over Trump’s  Reshaping Of US Historical, Cultural Institutions 
News

Concerns Over Trump’s  Reshaping Of US Historical, Cultural Institutions 

March 25, 2026
Trump Upset As US Partners Reject Call For Hormuz Warship Escorts 
News

Trump’s Approval Hits New 36% Low As Fuel Prices Surge Amid Iran War-Poll 

March 25, 2026
Ghana’s president, In New York, says US ‘Normalizing’ Erasure Of Black History
News

Ghana’s president, In New York, says US ‘Normalizing’ Erasure Of Black History

March 25, 2026
El-Rufai Dumps APC, Joins SDP, Moves To Woo Tinubus’s Political Opponents For 2027
News

Court Adjourns Nasir El-Rufai’s Bail Hearing To March 31

March 24, 2026
Next Post
Saudis say to take “big hit” on oil output for OPEC deal, Iran can freeze

OPEC oil output falls from record high ahead of planned cuts -Reuters survey

Cholera Update: Lagos Records 21 Fatalities, New Suspected Cases Emerge

Cholera Aid For African Countries Stalled By Iran Conflict 

March 27, 2026
Moses, Adams Score As Nigeria’s Super Eagles Defeat Iran In Friendly Tie

Moses, Adams Score As Nigeria’s Super Eagles Defeat Iran In Friendly Tie

March 27, 2026
DPR Pursuing Alternative Feedstocks For Unit Utilisation, Promises To Reveal Identities Of Misleading Narrators

Petro Price Reduction Amid Global Oil Pressure Puts Dangote Under Scrutiny

March 27, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version