On January 17, vice chairman Yemi Osinbajo started out a chain of 'Interactive Engagements' with oil-generating groups in Niger Delta region with the visit to Gbaramatu state, Delta state.
On Friday February 10, the acting President, endured the engagement in a metropolis corridor assembly with leaders and stakeholders from oil-produicing communities in Bayelsa state.
Below IS the full SPEECH:
PROTOCOLI am extremely pleased and venerated to be right here nowadays journeying the nice and cozy, friendly and hardworking humans of Bayelsa country.
It's far a privilege to be hosted in the Jerusalem of the Ijaw state and to engage with a human beings whose rich ancestry is significantly marked, because the precolonial generation, with a determined quest for equity and justice.
I am right here as an emissary of our President, President Mohammadu Buhari, who after the go to of leadership of The PAN DELTA discussion board in November 2016, decided that we have to adopt visits to interact with the management and people of our oil producing communities, to pay attention them, to are looking for to recognize their problems and concerns first hand and to provide to those communities in the Niger Delta, a new vision and a new compact.
It's far in this wonderful nation of Bayelsa precisely at Oloibiri that the history of oil exploration in Nigeria began. It is right here that this first-rate source of the wealth of our nation become discovered. And this oil became the source of 70% of our national income and 90% of our foreign exchange income.
Over 50% of non-oil revenues is decided by oil sales. However for the humans of historic Oloibiri and the many oil-generating communities in this kingdom and the Delta vicinity of Nigeria, the blessing of oil satirically became a curse or at first-rate a burden.
Their way of livelihood, fishing and farming has constantly been destroyed via pollution. Worse still massive assets earned through the years have in reality disappeared.
The roads, colleges, hospitals and social amenities that the oil wealth should have furnished are either not there or are obviously insufficient. Most people of humans of these groups and several components of the oil producing states have heard of the wealth that oil has brought however have rarely benefited from it.
And so we have come today on behalf of the President and Commander-in-leader, with cupboard colleagues, and heads of applicable companies to propose a new imaginative and prescient and to signpost a new technology to the humans of the oil producing communities of this state and Nigeria.
The Federal government will start a partnership with the oil producing states, neighborhood governments, oil corporations, private quarter, and civil society agencies for the speedy development of those communities.
We should convene an oil-communities intervention meeting to work out what can be finished within the short to medium term and the long term possibilities. We must recognition on how to ensure that the people see the benefits of the wealth of the land.
This new vision will outline the destiny of the place. Oil exploitation through itself can't suffice to guarantee our people of first rate jobs and a first rate earnings.
We have to make our oil generating groups hubs for petro-chemical industries, small and large. We have to make these groups hubs for refining and related sports.
The Ministry of Petroleum in collaboration with the oil organizations is running on several tasks for host groups together with running with unlawful refiners in oil bearing groups to participate in modular refineries a good way to be set up. There may be no question that thermal electricity stations should be stationed here, it makes experience, the gas deposits are here.
The most important benefit we can attain is to attract more funding to the vicinity. I listened to my brother Udengs, President of the Ijaw teenagers Council, who's one of the maximum articulate advocates of the Niger Delta reason that i have yet heard. I additionally listened carefully to the rural economist, Zigha Ayibakuro.
A key factor they make of the numerous important points, is that the young guys of Bayelsa are marketers, driven and dynamic and that is crucial. Societies are constructed on the resourcefulness, innovativeness and drive of the human beings.
India does no longer have a drop of oil however it now home to the biggest refinery of Petroleum inside the international. I want to mission the young experts and marketers to installation A Niger Delta Chamber of trade and Entrepreneurship Council. Wherein we can perceive those worried in technology, Agriculture, Oil and gas, production and the professions. A chamber of trade well organized will entice the proper form of nearby and worldwide partnerships or even investment. I'm prepared to work with you on that.
Nowadays new investments inside the oil and gas sector have slowed down so badly because traders have a preference all over the international, even here in Africa, and they'll no longer put their resources in a dangerous or volatile environment.
This is why our oil generating groups should now refuse to take part in the destruction of pipelines and oil centers. Other than lack of revenues this also means further pollution of the land and aqua lifestyle.
We ought to now not permit all of us to persuade us that we need to smash investments, pollute our environment to show a point or to get a few benefits. That is cutting our nostril to spite our face!
From 2015 Nigeria started to lose 1 million barrels of oil every day. Almost 60% of sales lost to vandalisation. This affected all states, and specially states within the Niger Delta vicinity.
All the requests Udengs made the street to Brass, Airport, and so forth can only be finished while the FG and the states earn sales. We can't destroy the assets of revenue and anticipate revenues.
Your Excellencies, your Royal majesties and the excellent humans of the Ijaw country, we must make haste. We ought to pass quick.
Daily the sector is shifting away from oil. Other strength sources have become less expensive, america that was the most important importer of our oil, has not imported one drop of our oil due to the fact they began generating from Shale.
Our oil now sells to Asia, but even they do not plan to rely upon oil forever. China and Japan are now manufacturing electric vehicles.
In Japan there are greater charging stations for vehicles than petrol stations. We should be clever, to apply our oil for improvement while it's far nevertheless valuable. Our guarantee of future well-being is to behave nowadays. It's time to set our points of interest on a extraordinary destiny for our humans.
Yet again, I thanks maximum certainly for your very hot welcome, and i particularly thank my expensive brother, the Governor of the state, Governor Seriake Dickson.
God bless Bayelsa country.
God bless Nigeria.
On Friday February 10, the acting President, endured the engagement in a metropolis corridor assembly with leaders and stakeholders from oil-produicing communities in Bayelsa state.
Below IS the full SPEECH:
PROTOCOLI am extremely pleased and venerated to be right here nowadays journeying the nice and cozy, friendly and hardworking humans of Bayelsa country.
It's far a privilege to be hosted in the Jerusalem of the Ijaw state and to engage with a human beings whose rich ancestry is significantly marked, because the precolonial generation, with a determined quest for equity and justice.
I am right here as an emissary of our President, President Mohammadu Buhari, who after the go to of leadership of The PAN DELTA discussion board in November 2016, decided that we have to adopt visits to interact with the management and people of our oil producing communities, to pay attention them, to are looking for to recognize their problems and concerns first hand and to provide to those communities in the Niger Delta, a new vision and a new compact.
It's far in this wonderful nation of Bayelsa precisely at Oloibiri that the history of oil exploration in Nigeria began. It is right here that this first-rate source of the wealth of our nation become discovered. And this oil became the source of 70% of our national income and 90% of our foreign exchange income.
Over 50% of non-oil revenues is decided by oil sales. However for the humans of historic Oloibiri and the many oil-generating communities in this kingdom and the Delta vicinity of Nigeria, the blessing of oil satirically became a curse or at first-rate a burden.
Their way of livelihood, fishing and farming has constantly been destroyed via pollution. Worse still massive assets earned through the years have in reality disappeared.
The roads, colleges, hospitals and social amenities that the oil wealth should have furnished are either not there or are obviously insufficient. Most people of humans of these groups and several components of the oil producing states have heard of the wealth that oil has brought however have rarely benefited from it.
And so we have come today on behalf of the President and Commander-in-leader, with cupboard colleagues, and heads of applicable companies to propose a new imaginative and prescient and to signpost a new technology to the humans of the oil producing communities of this state and Nigeria.
The Federal government will start a partnership with the oil producing states, neighborhood governments, oil corporations, private quarter, and civil society agencies for the speedy development of those communities.
We should convene an oil-communities intervention meeting to work out what can be finished within the short to medium term and the long term possibilities. We must recognition on how to ensure that the people see the benefits of the wealth of the land.
This new vision will outline the destiny of the place. Oil exploitation through itself can't suffice to guarantee our people of first rate jobs and a first rate earnings.
We have to make our oil generating groups hubs for petro-chemical industries, small and large. We have to make these groups hubs for refining and related sports.
The Ministry of Petroleum in collaboration with the oil organizations is running on several tasks for host groups together with running with unlawful refiners in oil bearing groups to participate in modular refineries a good way to be set up. There may be no question that thermal electricity stations should be stationed here, it makes experience, the gas deposits are here.
The most important benefit we can attain is to attract more funding to the vicinity. I listened to my brother Udengs, President of the Ijaw teenagers Council, who's one of the maximum articulate advocates of the Niger Delta reason that i have yet heard. I additionally listened carefully to the rural economist, Zigha Ayibakuro.
A key factor they make of the numerous important points, is that the young guys of Bayelsa are marketers, driven and dynamic and that is crucial. Societies are constructed on the resourcefulness, innovativeness and drive of the human beings.
India does no longer have a drop of oil however it now home to the biggest refinery of Petroleum inside the international. I want to mission the young experts and marketers to installation A Niger Delta Chamber of trade and Entrepreneurship Council. Wherein we can perceive those worried in technology, Agriculture, Oil and gas, production and the professions. A chamber of trade well organized will entice the proper form of nearby and worldwide partnerships or even investment. I'm prepared to work with you on that.
Nowadays new investments inside the oil and gas sector have slowed down so badly because traders have a preference all over the international, even here in Africa, and they'll no longer put their resources in a dangerous or volatile environment.
This is why our oil generating groups should now refuse to take part in the destruction of pipelines and oil centers. Other than lack of revenues this also means further pollution of the land and aqua lifestyle.
We ought to now not permit all of us to persuade us that we need to smash investments, pollute our environment to show a point or to get a few benefits. That is cutting our nostril to spite our face!
From 2015 Nigeria started to lose 1 million barrels of oil every day. Almost 60% of sales lost to vandalisation. This affected all states, and specially states within the Niger Delta vicinity.
All the requests Udengs made the street to Brass, Airport, and so forth can only be finished while the FG and the states earn sales. We can't destroy the assets of revenue and anticipate revenues.
Your Excellencies, your Royal majesties and the excellent humans of the Ijaw country, we must make haste. We ought to pass quick.
Daily the sector is shifting away from oil. Other strength sources have become less expensive, america that was the most important importer of our oil, has not imported one drop of our oil due to the fact they began generating from Shale.
Our oil now sells to Asia, but even they do not plan to rely upon oil forever. China and Japan are now manufacturing electric vehicles.
In Japan there are greater charging stations for vehicles than petrol stations. We should be clever, to apply our oil for improvement while it's far nevertheless valuable. Our guarantee of future well-being is to behave nowadays. It's time to set our points of interest on a extraordinary destiny for our humans.
Yet again, I thanks maximum certainly for your very hot welcome, and i particularly thank my expensive brother, the Governor of the state, Governor Seriake Dickson.
God bless Bayelsa country.
God bless Nigeria.
Laolu Akande
Senior Special Assistant on Media & Publicity
to the President (Office of the Vice President)
to the President (Office of the Vice President)