The Nigerian Senate in a bid to prevent renewed tension and militancy in the Niger Delta region has ordered the Minister of Finance, Kemi Adeosun, to release the remaining N15 billion ($47.3million) needed to fund the Presidential Amnesty Programme. The directive was part of resolutions reached at a session on Thursday.
According to the Chairman Senate committee on Niger Delta, Peter Nwaoboshi, funds earmarked for the programme have been decreasing. This is affecting the programme as tension is already building up in the Niger Delta region.
“The programme was in dire need of funds and it was absolutely necessary to release the balance sum of N15 billion in the 2016 Appropriation Act, so as to provide funds for its smooth running,” he said.
Contributing to the debate, Senate President, Bukola Saraki (photo), explained that the Senate had done its part, by allocating N35 billion ($110.5million) as additional budget. The fund was approved by the legislative chamber to address the financial challenges faced by the Amnesty office and maintain peace in the region.
The Nigerian Government in 2009 conceived the Amnesty Programme to reduce agitation and militancy in the Niger Delta region which brought about loss of lives, properties and oil revenue. This program had provided job training and education to the former militants.
Anita Fatunji
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...
• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....
• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...
• EY is preparing to leave Francophone Sub-Saharan Africa by 2026• The exit could unlock $500 m...
• Interbank volumes rose 18.7% in May, while rates declined across the market• The BCEAO cut its mai...
• Ghana signs a deal with eLearning Africa to expand digital learning access across the country.• The partnership focuses on deploying modern digital...
Ghana launches the Oncology Nurse Leadership Program (ONLEP) to train specialized oncology nurses from seven African countries. The five-year...
Ivanhoe Mines signs deal covering 100% of Kamoa-Kakula smelter’s copper output. The smelter will process up to 500,000 tonnes annually, starting at...
African gas projects drive significant contracts for Asian shipbuilders, especially for Floating Liquefied Natural Gas (FLNG) units. South Korean...
Kolmanskop offers a haunting blend of lost wealth, colonial history, and the unstoppable force of nature. Located just a few kilometers inland from...
Located about 40 kilometers from Cape Town’s city center, Boulders Beach in Simon’s Town is one of the Cape Peninsula’s most iconic destinations. This...