A $10 billion infrastructure programme has been launched in its restive Delta region as part of a plan to end an insurgency that has hobbled oil production in Nigeria.
Oil Minister, Emmanuel Ibe Kachikwu said, President Muhammadu Buhari will meet representatives of militant groups and community leaders from the Niger Delta in Abuja next week in a bid to end the attacks.
The $10 billion investment is "not necessarily" going to come from the federal government, but rather from "oil companies, investors, individuals", he said.
Kachikwu, speaking to a forum in Abuja aimed at outlining strategy for the petroleum industry, described bringing the insurgency to an end as the first goal of a seven-point plan.
He also said, "This planned meeting shows the level of interest the president has to ensure peace in the area." He added saying, "our target is to ensure zero militancy in the area."
Militants fighting for a greater share of the OPEC member’s wealth complain of poverty and a lack of development across the Niger Delta region, where most of Nigeria‘s oil is pumped.