We Are Beginning To Hold Conversations With Militants-Kachikwu

Ibe kachikwu, Minister of State for Petroleum Resources Nigeria
Photo source: today.ng
 The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has on Monday stated that talks are beginning to hold with Niger Delta Militants and that it's time for a long term solution to emerge that would end the Niger Delta Crisis.

 He stated this in an interview with Bloomberg on the occassion of the Nigerian National Petroleum Corporation, NNPC-China Investor's Road show 2016 that took place in Beijing.


 He said "we just came out of signing a global $8.5 billion potential investment by one of the companies, NORINCO (North Chemical Industries Group Corporation) in the upstream business in Nigeria."



 "We are looking to raise about 40 to $50 billion which covers the infrastructure gap that we see in Nigeria."
 Talking about the blowing of pipelines and how it led down to the reduction in output, he said"things are looking up, engagements are trending positively, and we have been able to make in-road into those conversations. But what is more important is the need to continue that momentum and to look for a long term solution the Niger Delta crisis that continues to create the militancy difficulties that we had."
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