Saturday, April 20, 2024

Nigeria’s vice president visits oil region for peace talks

Must read

Isaac Kaledzi
Isaac Kaledzihttps://en.wikipedia.org/wiki/Isaac_Kaledzi
Isaac Kaledzi is an experienced and award winning journalist from Ghana. He has worked for several media brands both in Ghana and on the International scene. Isaac Kaledzi is currently serving as an African Correspondent for DW.

Nigeria’s Vice President Yemi Osinbajo travelled to the restive southeastern oil region on Thursday to continue peace talks, according to his Twitter account, as the government seeks a deal with militants that could revive crude production.

This third visit to Nigeria’s oil heartlands will take him to Akwa Ibom state, he said on Twitter. He had previously held discussions in Delta state and Bayelsa state.

Nigeria depends on oil exports for as much as 70 percent of government revenues. Militant attacks on production facilities last year slashed output by as much as one-third.

Production is now recovering, and the government this year aims to produce an average of 2.2 million barrels per day (bpd).

The head of Nigeria’s state oil company said on Tuesday the country is now at 2.1 million bpd. However, a Reuters survey found that Nigeria’s production was at 1.65 million bpd in February.

- Advertisement -

 

 

Source: Reuters

- Advertisement -

More articles

- Advertisement -

Latest article

- Advertisement -