The Minister of State for Petroleum Resources, Ibe Kachikwu has said the Federal Government is considering opening a robust dialogue with the Niger-Delta militants on the need to stop militancy in the oil rich region.
“The military tanks cannot stop or solve problem of militancy in the Niger Delta region. I will have to go back to my brothers; they are our brothers. We will go and dialogue with them,” Kachikwu said.
Kachikwu also pointed out that the fuel subsidy regime is not sustainable, hence its removal.
On why queues disappeared immediately the price of petrol was hiked, Kachikwu said:
“Queues disappeared because everybody who had incentive to hoard were no longer hoarding and those who were in the business other than hoarding petroleum business for hoarding sake left the business because there was no need to hoard. Again we were having pretentious number of consumption for subsidy payment.”