Friday, February 10, 2017

Osinbajo to visit Niger Delta for peace talks

   Vice president Yemi Osinbajo will visit the oil-producing Niger Delta region today. Police said, as the government seeks to broker peace with militants whose attacks have hammered the country's crude production.



   Nigeria is heavily dependent on oil exports, which bring in as much as 70 percent of government revenues. Militant attacks on production facilities last year slashed output by as much as one-third.

  A peace deal could help revive production, with the government this year aiming to produce an average of 2.2 million barrels per day. In January, Vice President Yemi Osinbajo said production was 1.7-1.8 million barrels per day.


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