BEVERLY HILLS, August 16, (THEWILL) – The Minister of state for Petroleum Resources, Dr. Ibe Kachikwu has explained that the recovery of the over 200 girls abducted by Boko Haram terrorists from Government Secondary School in Chibok, Borno state, is more important than the protection of oil and gas installations in the Niger Delta.
Speaking on CNN’s Quest Means Business on Monday night, Kachikwu said it is not true that the government is paying more attention to the protection of oil installations than to recovering the missing girls.
A critic of the President Muhammadu Buhari-led administration, who was aired on the programme anchored by Richard Quest, had said the military was leaving the Northeast for the Niger Delta to guide pipelines, adding that this means “the oil is better than the human”.
But the minister disagreed, saying; “not quite so, at all. On the contrary, since President Muhammadu Buhari resumed, I think his first steps were targeted at the northeast and the Chibok girls”.
He continued: “If you remember, most of his first state visits were to neighbouring countries, trying to gather alignment among neighbouring countries military forces in fighting this issue, and the military has been engaged in that territory.
“One of the crises the president had to inherit, was the fact that once he came in, he found that monies that were allocated to the military to be able to deal with these issues, were largely diverted, and he spent a lot of time trying to find funds.
“He first had to deal with that problem, but once he dealt with that, the army has got more brisk in its business, however, we haven’t found the girls and its sorrowful for every Nigerian who thinks about it.
“I have children, the last thing I want is for people’s children to be in the forest abandoned, and we are doing everything we can, I sympathise with all parents who are in this situation, but the president hasn’t given upon this.”
Kachikwu went on to disclose that Nigeria would need to produce as much as 900,000 barrels of excess crude per day to make up for lost crude and to meet the benchmark of the 2016 budget.
According to him, “It is a difficult time, production is about 1.5 million barrels a day, but we intend to get that up. We are putting a lot of energy around it, a lot of dialogue, a lot of engagement, a lot of security meetings to try and resolve it.
“President Muhammadu Buhari is very concerned about these things, a lot of executive time is being given to this. We are expecting that over the next one month, two months, we would find some final solution that would bring production upward.
“Beyond that, the reality is that we have lost a lot quite a lot of months, about five, six months of continuous problems. So it is going to be difficult to catch up with the 2.2 million barrels on which the 2016 budget is based.
“But we are certainly going to try, once things are calmer. We need an average of 900,000 barrels per day, excess production to catch up. That is going to be very tough, but we are going to work on that.”
The minister added that he was not optimistic about an OPEC freeze deal.
