Oscarline Onwuemenyi 13 April 2018, Sweetcrude, Abuja – The Federal Executive Council (FEC) meeting presided over by Vice President Yemi…
Browsing: Mr. Rotimi Amaechi
In a statement posted on its website Friday afternoon, the group said it would resume hostilities any day from now, saying the President Muhammadu Buhari administration has not been sincere with its peace talks and promises for the Niger Delta.
“It is our expectation that this conference will address how to redeem our pride from our policy, retrieve insecurity from our restive waters, fish our profit from our seas and sail unwavering to our goals. We cannot allow our international partners to set agenda and champion our maritime cause for us. Africa’s seas should contribute to economic and environmental security and improve policies for ocean governance.”
According to the minister, the concessioning agreement would be for a period of 20 to 25 years, stressing that GE would run it after reviving the lines and provide coaches on all the revived lines.
“As at the last count over N1trillion has been lost over a period of time and the revenue companies have found that they were losing more money in terms of tax evasion and avoidance than what they were even receiving as grants from multinational agencies.”
He said that to enhance the use of gas in the country, petroleum agencies and private companies must provide the needed infrastructure.