Public Management

Nigeria: FG to pay outstanding stipends owed to ex-militants soon – Amnesty office

Friday, 03 February 2017 14:27

The Office of the government amnesty programme has announced that federal government will soon pay all the outstanding cash stipends owed to former militants in the Niger Delta region, under an amnesty programme signed in 2009.

This is coming after militants threatened to resume attacks on oil facilities should the government fails to make the payment.

We advise all to remain calm as all stipend arrears and other outstanding payments under the programme will soon be paid,” it said in a statement.

Let’s be reminded that the Nigerian government has been discussing with militants in the oil hub to put an end to attacks on crude oil pipelines which reduced the country’s output by 700, 000 bpd last year.

As a matter of fact, President Muhammadu Buhari (photo) in November 2016, met with Niger Delta leaders and representatives of the militants to negotiate their demands but this has yielded little success.

Authorities had initially halted cash payment to militants but this was later resumed to prevent the attacks from crippling oil revenues.

Under the amnesty programme, each former militant is entitled to $213.68 per month and a job training.

Anita Fatunji

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Banks’ exposure to sovereign risk rose to 32% of total assets in 2024 48.8% of banks’ treasury assets were invested in public securities Cameroon,...
BEAC raises key interest rates to support CFA franc Policy rate lifted to 4.75% amid falling foreign reserves Shift reverses earlier easing criticised...
African companies raised about $220 billion in equity on local stock markets over the past 25 years Equity market capitalization rose...
WAEMU foreign exchange reserves rose to about $33 billion by end-October 2025. Import cover increased to six months from 3.8 months in...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
03

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
04

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
05

Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...

$138 Million Standard Bank Facility to Power Safaricom's Ethiopia Business Expansion
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.