The Presidency has finally come out
with a bumper package aimed at accelerating the return of peace to the Niger
Delta region and ensure steady production of oil, Nigeria’s biggest foreign
exchange earner, and gas, for the nation’s power generating plants.
However, in a bid to ensure peace,
the Presidency had already directed the Ministry of Petroleum Resources to look
at the protection contracts for the pipelines to ensure that host communities
are also incorporated, while ensuring a comprehensive review of existing ones.
On the Maritime University, Okerenkoko
in Gbaramatu, Delta State, under the comprehensive work plan for the
development of the Niger Delta, the Federal Government has activated a process
for the smooth take-off of the institution, with the Petroleum Trust
Development Fund as the lead agency in the implementation of the plan, another
presidency source disclosed.
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