President of the Movement for the Survival of the Ogoni People , Fegalo Nsuke, revealed yesterday, that the Federal Government has lost $178,850,000,000 , since Shell exited Ogoni oilfields in 1993.
“An estimated average of $50 for a barrel then, Nigeria has lost an estimated N72 trillion for its mismanagement of the Ogoni crisis. Instead of listening and engaging the people, those who managed the country opted for the repressive approach of killing, maiming and torturing thus exacerbated and prolonged the conflicts.”
He said the continual delay by relevant agencies of government to accept the Ogoni demands and reach a deal with the Ogoni people does not only amount to economic sabotage but represents a threat to the security of the country.
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