By Ebitonye Akpodigha
Nigeria’s President, Mr Muhammadu Buhari, is presently having a closed-door meeting with leaders of Niger Delta region of the country.
The meeting is aimed at finding a lasting solution to the restiveness in that part of Nigeria, which has led to drop in the volume of crude oil produced from the region.
Nigeria relies heavily on oil from the Niger Delta and its production is still below 2 million barrels per day. The price of the commodity still hovers around $50 per barrel.
At the moment, Nigeria is struggling with forex issue due to shortage in Dollar supply.
As a way of growing the country’s Dollar reserves, the Federal Government is determined to ensure peace in the region, hence the need to dialogue with militants, who have continued to blow up pipelines, through respected leaders from the Niger Delta.
Business Post gathered that the meeting commenced a while ago and has leaders and representatives of the Niger Delta, traditional rulers, Service Chiefs, Ministers and Governors from the region.
The meeting is holding at the Council Chambers of the Presidential Villa, Abuja.
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