Saturday, September 18, 2021

    Niger Delta stakeholders accuse Buhari of divisive antics, threatens billions of dollars foreign investments

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    Naija247news Editorial Team
    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    Ok Stakeholders from the nine states of the Niger Delta region have warned the Presidency against deliberate antics to divide and instigate crisis within the region by releasing documents capable of causing confusion and bloodshed.

    The Stakeholders warn that billions of dollars in foreign investments in the Niger Delta region may be ruined should the presidency continues to play politics with the Amnesty Programme.

    According to the stakeholders, made up of ex-militant youths, Women and Elders from the region, the decision by the Presidency to release bulk payment details to ex-militant leaders over Amnesty stipends is childish and a mischievous attempt at inciting ex-militants against each other in the region. is in possession of documents from the office of the Special Adviser to the President on Niger Delta where details of bulk payment made to the ex-militants through some of their commanders.

    Some of the payments approved and sighted by include the sum of N22,477,000.00 paid through Joseph Evah as May 2021 bulk stipend to the 338 delegates of Beribegha camp; N78,910,000.00 paid through Ebikabowei Victor Ben being payment of April 2021 bulk stipend to 1214 ex-agitators of Emomoemi 1 Boyloaf camp; N182,130,000.00 paid through Dasimaka Adokiye Sami being payment of April 2021 bulk stipend to 2802 ex-agitators of Ateke Tom camp and so on.

    Irked by this development, the stakeholders said that the government was in a haste to publicise the list of the ex-militants but did not deem it necessary to, “release the names of the sponsors of Boko Haram, the Islamic State of West Africa Province (ISWAP) terrorists and bandits that to this day have continued to maim, kill and displaced tens of thousands of innocent men, women and children without any resistance from the Presidency.”

    The Stakeholders, in a statement issued in Yenagoa and signed by Commander Joseph Oyinkuro, despite the weak attempt by the Presidency, the people of the region are aware that the ex-militant leaders have always received bulk payments and in-turn distribute the funds to thousands of members within their various camps to maintain the peace and stability in the region.

    According to the statement, the payment done by the Presidency was to enable the federal government and the multinational oil companies to explore oil and natural gas worth billions of dollars annually from the Niger Delta region which accounts for over 90 percent of Nigeria foreign exchange earnings for over 50 years.

    According to the stakeholders, “On July 21, 2015, the Federal Government obtained a $2.1 billion credit from the World Bank to rebuild the North-East zone devastated by the jihadist group, Boko Haram. President Muhammadu Buhari announced this in Washington DC, United States.”

    “The Presidential Initiative for the Northeast started in 2015 with a world bank loan of $2.1 billion USD (Over N700 Billion) with 105,000 allege beneficiaries from the north while the Niger Delta Amnesty Programme that generates the resources for the entire nation is only 30,000 beneficiaries with N65 billion annually. ”

    “On the 24th June, 2020, Sahara Reporters published an article about President Buhari’s nephew Sabiu Yusuf’s (Tunde) Fat Bank Accounts That Shocked CBN Governor. Sabiu reportedly said the billions in his accounts are “gifts” from people. But why didn’t he get such “gifts” when he was a recharge card seller prior to 2015? Accepting “gifts” for favors done while occupying a privileged government position (he’s Buhari’s Private Secretary and de facto Chief of Staff) is against the law.”

    “According to the Central Bank of Nigeria (CBN), Nigeria’s revenue generated from the sales of oil and gas in the Niger Delta region between 1999 to 2016 alone amounts to N77.348 trillion. Specifically, data compiled from the Central Bank of Nigeria, CBN, showed that Nigeria earned N77.348 trillion from the oil and gas industry from 1999 to 2016. This reports only takes into account a 17 years period out of the over 50 years.

    “Northerners as majority owners of oil wells and oil blocks in communities across the Niger Delta region while the Zamfara state gold mines and revenues from sales are recorded as private business. ”

    The group recalls that President Muhammadu Buhari flagged off the construction of the $2.8 billion USD (Over N1.2 trillion) 614km Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline, the single biggest gas pipeline project in Nigeria’s history, Tuesday June 30, 2020, in Ajaokuta (Kogi State) and Rigachikun (Kaduna State).

    “We remind the Presidency that the $2.8 billion USD to pay for these projects mostly came from the Niger Delta region and the natural gas will be exploited from the Niger Delta region to service the northern parts of Nigeria.

    “We must not forget that without the Amnesty agreement in place under the leadership of President Umaru Musa Yara’dua, Nigeria would have gone bankrupt. The federal government must not play with fire, and they must understand that there are billions of dollars in foreign investments in the Niger Delta region with lots of foreign interests given their multibillion dollars assets which are strategic to their national security interests’”

    “The Niger Delta region of today is not the 1967 Biafra or the little rats that parades themselves as terrorists and Bandits ravaging the Northern parts of the country without any deterrence from the Presidency. ”

    “Any attempt by the federal government to use their old divide and rule or conquer tactics to destabilize the Niger Delta region in order to continue it’s exploitation of our God given resources will be resisted by all means necessary, and any potential dialogue with the United Nations and other international organizations will require a minimum of One Million Amnesty beneficiaries to be trained and empowered.”



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