Kachikwu to engage militants, says FG needs cash to avert new conflict

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Nigeria’s oil minister will visit the Niger Delta this week in a bid to stave off a threat of more insurgent attacks in the area, and said that without more investment it would be a struggle to ease tensions and develop its main crude producing region, Reuters reports.

“We’re constrained by cash,” Emmanuel Ibe Kachikwu, the minister of state for petroleum, said in an interview on Monday when discussing efforts to develop the Delta. “We’ve scurried around for some money just to begin the process.” He said he would meet representatives of the militants and other stakeholders during a visit to the region on Nov. 9.

The minister said the government needed to develop its oil and economy to deliver on promises of more cash for the Delta, which rights groups say has long suffered from pollution and poor investment despite being the source for much of Nigeria’s oil output of around 2 million barrels per day (bpd).