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Saturday, October 1, 2016

Solution to Niger Delta crisis crucial to Nation’s economy

Nigerian’s daily loss to activities of militants in the Niger Delta may soon ground the nation’s economy if government continues to trade blame over the issue, a council member of the Nigerian-British Chamber of Commerce (NBCC), Misbau Aminu, said yesterday. Aminu, who put the loss above N3 trillion in less than six months, said the country might be heading for doom as recent policies further worsen the plights of Nigerians. He said Nigerians must not keep quiet and allow a section of the country hold the nation to ramsom, urging that the Presidency must dialogue and plan a long-term initiative that would assuage the worries of the region. “So much value has been destroyed, our GDP and per capita income has plumated. Negative growth is resulting from the crisis and Nigerians are living in pain,” Aminu told The Guardian in Lagos.To him, government must design a special education system, address environmental degradation and compensate the people.
“War will do no good in the Niger Delta. Resources for war may be adequate to provide holistic solution. Planning for the proposed solution can be done within six months, while genuine implementation may span over 10 years. “In as much as Nigeria as nation can not earn revenue. In as much as the source of the revenue is not there or distorted, the government will not have fund to put on projects, pay salary and finance the budget. Source: Guardian

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