FG To Pay Niger Delta Militants Directly Through CBN

Follow 9News Nigeria On Social Media

Social sharing

The Federal Government has resumed cash payments for former militants in the restive Niger Delta, an official said on Monday, in a bid to end a wave a wave of militant attacks on oil and gas facilities.

In February, Nigeria stopped the payments for former militants who agreed under a 2009 amnesty to stop blowing up crude pipelines in exchange for cash, the official said.

The government says it has been holding talks with militants they suspect of being behind a recent wave of attacks on pipelines that has reduced Nigeria’s crude output by 700,000 barrels a day.

“Payments of stipends to the ex-militants resumed this Monday. The payments are done directly from the CBN (Central Bank of Nigeria) to their bank accounts,” said the amnesty programme’s media officer Piriye Kiyaramo.

“The payment also includes tuition for those studying abroad,” he said. “Their last payment was in February this year. Now we are clearing all outstanding and the payments.”

Each of the former militant is entitled under the amnesty to N65,000 ($203.44) monthly plus job training, reports Reuters.

But the government had originally planned to cut the amnesty by two-thirds and limit cash payments amid a budget crisis and graft.

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

READ ALSO  AU Appoints Tinubu As Champion For Health

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

In June, government officials said a one-month ceasefire had been reached.

But Niger Delta Avengers, the group that has claimed responsibility for the majority of attacks dating back to January, said it had not agreed a truce.

Since then the group has said it would not take part in talks unless international mediators were involved.

 

– New Telegraph

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About 9News Nigeria 13283 Articles
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: info@9newsng.com Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng

Be the first to comment

Leave your comment