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Nigeria Government News

01 Jan 2017

Nigeria to Pursue peace in restive Oil-producing Delta Region

Nigeria's government will seek a lasting peace settlement with militants in the oil-producing southern Niger Delta region in 2017, President Muhammadu Buhari said in a New Year's message on Saturday. Attacks on oil facilities in Nigeria's energy hub, coupled with low oil prices, helped push Africa's biggest economy into recession - the first in 25 years - in the second quarter. Crude oil sales account for two-thirds of government revenue in the OPEC member country. Attacks by militants, who want a greater share of the country's energy wealth to go the impoverished oil-producing swampland, have been less frequent since November when Buhari held talks with community leaders from the region.

24 Mar 2013

Merchant Ships Fair Game in Nigerian Waters

US Government Consul-General, Jeffrey Hawkins, observes ineffectual Nigeria Government response to a growing incidence of piracy. The US envoy made his comment at the recently concluded Nigeria Maritime Expo (NIMAREX 2013) in Lagos. Acknowledging that Nigeria has enormous maritime potentials, the US envoy commented that realising those potentials would be a mirage if the security challenges are not tackled, reports the Nigerian Tribune. Hawkins posited further that there are many accusations that entities involved in providing maritime security collude in some of the illegal activities. According to the US envoy, both the available data and the anecdotal evidence suggest that the situation is only worsening…

06 Jul 1999

Nigeria Cancels Award Of 16 Oil-Prospecting Blocks

Nigeria's government reportedly cancelled the award of 16 oil-prospecting blocks by the military government, which stepped down in May.