Kachikwu advocates oil sector investment to curb militancy

Solomon Chung, Uyo

Group Managing Director of the Nigeria National Petroleum Corporation and Minister for state Petroleum Resources in Nigeria, Mr Ibe Kachikwu has said that the long lasting and realistic solution to the militancy in the oil rich Nigeria Delta is massive investment in the oil sector in different sphere that would benefit and engage the people.

He made this known on Monday at Uyo, the capital of Akwa Ibom state South-South Nigeria during the Federal Government Town hall meeting.

“Looking at the bigger picture in the Niger Delta is a better solution. Looking at investments in different areas ranging from modular refineries, floating filling stations, tank farms among others and engaging these people in them would help curb militancy in the region. Without these sorts of investments, the militancy would not end permanently,” he explained.

Also speaking at the town hall meeting, Minister for Budget and National Planning, Udo Udoma said the 2016 budget is one of the best Nigeria has ever had. His submission was based on the fact that in 2016, the budget has 30% allocation for capital expenditure as against 10% just in 2015.

“President Buhari’s led Government has shown commitment, competence and sincerity of purpose with the 2016 budget. It was a deliberate attempt to develop infrastructure which would in turn develop other sectors,” Udoma said.

Uyo town hall

Mr Rotimi Ameachi who heads the transport Ministry said government was investing in infrastructure with a view to give Nigerians a new lease of life. He particularly emphasised that the government has put in resources in railway infrastructure which are ongoing.

The Minister of Environment, Hajia Amina Mohammed, reemphasised the need to have a clean environment which requires the partnership of all stakeholders. She also said the Ogoni land clean up would move to other areas of the Niger Delta.

Then Niger Delta Minister Usani Uguru said the Minister was engaging critical stakeholders to know areas of intervention so as to avoid misplacement of priority.

uyo 2He also stated that the Ministry has train about 100 youths of the Niger Delta in the area of Agriculture and more training are coming.