President Buhari has reiterated his resolve to protect the integrity of the nation’s crude oil infrastructures in the Niger delta.
The President said he will persuade “His friends” in the Niger Delta to sit down for talks.
He said he wants to renegotiate how to manage the nation’s resources “Rather than think of fighting it out.”
The president spoke at the presidential villa when he was paid a Christmas visit by notable Christians.
“God has given Nigerians a lot of preachers and resources, both human and materials.
“We’d better do the same thing for our children and grandchildren.
“I assure you that the country and the people of the country are always uppermost in our minds.
“Our performance in the North East, Nigerians know that this government is serious.”
The President said he was shocked to learn that from 1999 to 2014, successive governments spent Nigeria’s savings on ‘Food.’
“From 1999 to 2014, the crude production was over 2.2 million barrels per day.
“The average cost per barrel was $100. When we came, it was $37. I think it is now between $40 and $50.
“I asked for savings, there were no savings. I asked what they used the money to buy; they said they bought food and oil.
“I do not know how long it took me to recover from the shock,” Buhari said.
The president regretted that when the country discovered oil, it threw away every other revenue source.
“We also used the produce to develop oil. When we got the oil, we threw everything away.
“Our brothers in the Niger Delta Region should let’s talk.
“They should not think of fighting it out. We just flushed out Boko Haram,” the President said.