• Contact Us
  • About Us
Sunday, August 23, 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

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

Bessent Says US To Impose ‘Toughest’ Ever Sanctions On Iran, Urges China To Cooperate

At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

“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

UK Finance Minister Says Govt To Cut Cost By 15%
News

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

August 21, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

Bessent Says US To Impose ‘Toughest’ Ever Sanctions On Iran, Urges China To Cooperate

August 21, 2026
At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest
News

At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

August 21, 2026
Nigerians More Vulnerable Now Than When You Came, Kukah Tells Buhari  
News

2027: Ordinary Nigerians Need To See Measurable Improvement In Their Lives-Kukah

August 18, 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

Rwanda Highlights Potential for Migration to Drive Jobs, Skills and Regional Growth: IOM Chief

August 21, 2026
UK Finance Minister Says Govt To Cut Cost By 15%

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

August 21, 2026
FG considers foreign exchange reforms as dollar shortages bite

Dollar Wobbles As Investors Balk At US Treasury’s Rescue Efforts

August 21, 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