Government to Transfer 10% of Oil and Gas Ventures to Niger Delta Residents

A very interesting report from the Financial Times. Apparently the federal government has plans underway to transfer 10% of oil and gas ventures to Niger Dlta inhabitants.  This is on the trails of the government’s amnesty for Niger Delta militants.

If Yar’Adua manages to peacefully end the Delta insurgency, bring peace and development to the region, it will be the greatest Nigerian peace making effort since the cessation of hostilities at the end of the Nigerian civil war. If Yar’Adua pulls this off, I will become convinced for one, that Nigerians are masters at reconciliation after conflict.


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