Friday, September 30, 2016

Nigeria Lost N3tn In 6 Months to Niger Delta Crisis


A council member of Nigeria-British Chamber of Commerce, Mr. Misbau Opeyemi Aminu, an engineer, who gave the advice in Lagos in an interview, said Nigeria was losing N3 trillion every six months to the crisis.

He said the use of force would be counter-productive in the long run, adding that with his experience in community engagement, the challenge in the region, which was hurting the economy, could be resolved with dialogue, special programmes, compensation and infrastructure development.

Aminu said the country had almost shut down, with Gross Domestic Product (GDP) declining to almost half the value since the latest militancy in the region started.

He said something urgent needed to be done to save the economy from collapse. According to him, the Niger Delta issue needs genuine dialogue that would involve the disadvantaged people, analyse grouses, alleviate pains, address immediate concerns, and offer promise of a rewarding future.

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