Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Nigerian traditional rulers want prisoners freed before Delta talks

Published 08/26/2016, 06:54 AM
Updated 08/26/2016, 07:00 AM
© Reuters. The Nigerian military parades weapons and some suspected members of the Niger Delta Avengers after their arrest in the Nembe waters, Rivers, Nigeria

By Felix Onuah

ABUJA (Reuters) - Traditional leaders in Nigeria's oil-producing Niger Delta have demanded that authorities release youths arrested by the army before they will mediate in talks with militants who have been blowing up pipelines, a government official said.

On Thursday, Oil Minister Emmanuel Ibe Kachikwu met traditional leaders from the southern region where a wave of pipeline attacks has cut the country's oil output by 700,000 barrels per day (bpd) to 1.56 million bpd.

The government had asked the leaders to make contact with the militants, who are fractured in many small groups with no unified command or demands.

The rulers, or traditional kings, asked for the release of a group of school children arrested in May and other prisoners caught in a military sweep against militants in the swamplands, the official said.

They also want the government to appoint one team to engage with all militant groups, he said.

Kachikwu asked the leaders to contact the different militant groups. "So I do urge you all to continue to reach out to all the splinter groups," he said, according to the officials.

"The government is worried that over $40 billion invested in the area is yet to yield the desired result," he said, referring to oil investments in the Niger Delta.

Militants say they want a greater share of Nigeria's oil wealth to go to the impoverished region. Crude sales make up about 70 percent of national income and the vast majority of that oil comes from the swampland.

© Reuters. The Nigerian military parades weapons and some suspected members of the Niger Delta Avengers after their arrest in the Nembe waters, Rivers, Nigeria

One group called Niger Delta Avengers, which has claimed several major attacks, said in a statement attributed to them on Sunday they had agreed to a ceasefire to start a dialogue. Officials have refused to confirm this.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.