Nigeria plans to transfer 10 per cent of all its oil and gas ventures to the inhabitants of the oil-producing Niger Delta, in an attempt to end a rebellion that has hampered production in sub-Saharan Africa’s leading energy supplier.
The initiative, which comes against the backdrop of a sweeping attempt to overhaul Nigeria’s oil industry would, if approved, by parliament signal a bold new phase in government efforts to broker a lasting settlement in the delta. But first it has to overcome the anticipated objections of representatives of other regions.



