President Olusegun Oba-sanjo yesterday stated that, despite recent hos-tage takings and the death of an expatriate held hostage in the Niger Delta, the situation in the volatile area is now controllable.
Though he described the recent development as “unfortunate and embarrassing”, he however declared that the situation in the area "is becoming more controllable."
The President, in a meeting with members of the Honorary International Investors Council (HIIC) in State House yesterday, also noted that in addition to the establishment of the Niger Delta Development Comm-ission (NNDC), the recent setting up of the quarterly meeting of the All-Stakeholders Council on the Socio-Economic Development of the Niger Delta, had "opened a new way of doing things" in the region.
Obasanjo, who attributed the problem of the Niger Delta to "accumulated neglect of the past," and the misconception by some groups, particularly the youth, that the neglect could be corrected overnight, admitted collective guilt of individuals, communities, oil companies, local, state and Federal Governments.
He, however, noted that the youth had now come to realise that "this is the first time that somebody is doing something" meaningful in the area, and the "communities are now condemning hostage-taking," as an uncivilised way of expressing grievances.
Referring to the construction of the multi-billion naira East-West highway by the Federal Government that would open up Niger Delta hinterland within the next four years, the President said the youth "are now seeing that we mean business" in tackling the long neglect of the area which could not be remedied overnight.
NaijaSense is a Blog by a Nigerian living in Nigeria, we provide the Latest information on events, news, sports, entertainment as they happen in Nigeria.
Tuesday, November 28, 2006
Subscribe to:
Post Comments (Atom)
Popular Posts
-
The Central Bank of Nigeria (CBN) has said it is working on the establishment of a National Investment Fund (NIF) that will manage the exces...
-
President Olusegun Obasanjo has announced the governments decision to make the development of the Niger delta a reality. The decision was a...
-
Ronaldinho - A legend in the making... While going through Nairaland today i saw this link showing pictures and videos of the world's be...
-
Zenith International Bank Becomes the first Nigerian Bank to Handle Nigerian Government Foreign Reserves . When i first heard that zenith ba...
-
Embattled Group Chief Executive Officer , NICON Insurance Corporation, Mr. Jimoh Ibrahim, yesterday faulted the directive issued by the Nati...
No comments:
Post a Comment