Militants give FG ultimatum over release of $1bn for N’Delta development

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Niger Delta militants have demanded the release of $1billion by the Federal Government from the Excess Crude Account for the Niger Delta region to tackle development the same way it approved $1bn to fight insurgency in the North-East or they will begin massive destruction of oil pipelines and facilities, Vanguard reports.

The threat to destroy oil facilities across the region in a well coordinated attack, tagged “Cripple the Economy with Zero Crude Production,” sparked major fears, as any destruction could mean lack of funds to finance the 2018 budget.

Leader of the Reformed Niger Delta Avengers (RNDA), a coalition of nine militant groups, self-styled “Major General” Johnmark Ezonbi, aka Obama, in an open letter to President Muhammadu Buhari, said: “We demand our own share of the $1 billion from the Excess Crude Account for the development of the Niger Delta within four weeks.”

The RNDA also vowed to deal with South-South governors who were part of the decision, warning all foreign nationals to leave the region as all its unit commanders had been put on red alert to resume operation zero oil producing on the expiration of the four-week ultimatum.