FG, oil firms to pump N1.7trn in N-Delta

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By Michael Eboh

The Federal Government, yesterday, disclosed that N1.7 trillion would be pumped into the Niger Delta between now and 2021 to pursue the development of the region.

Oil

Speaking at the Seventh Sustainability in the Extractive Industry, SITEI, conference organised by CSR-In-Action in Abuja, Special Adviser on Niger Delta Affairs to the Minister of State for Petroleum Resources, Mr. Charles Achodo, said that the money would be invested by the Federal Government, International Oil Companies and some government agencies.

He said that the current Presidential Amnesty Programme of the Federal Government was not sustainable, adding that the programme cannot be a solution to the crisis in the Niger Delta, especially as the huge money expended on the programme cannot guarantee peace in the region.

“The Amnesty is very clear and it cannot be a solution to the state of…



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