The Vice-President of
Nigeria Yemi Osinbajo, has blamed militants in
the Niger Delta for the current economic crisis the
country is facing.
Speaking on Monday, September 19, at the
presidential quarterly business forum at the State
House, the vice president said, the Federal
Government did not envisage that there will be a
huge drop in the production of crude oil.
The Vice-President attributed the drop in
production to the constant bombing of pipelines
by militants in the oil rich region.
Osinbajo said “Perhaps it is important for us to
understand the nature of this recession in which
we have found ourselves. In discussing this issue
of recession there is tendency for people to
generalize. A lot depends on what sort of
recession and how we got here.
“If we did not have vandalisation in the Niger
Delta as we are currently suffering, we will not
have this recession today. Moreover in looking at
the solutions, we should try to focus on the type
of problem we have and what instigated it. Then
we can begin to come up with better solutions.”
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