Kachikwu clarifies nigerias 100bn loss to militancy in niger delta

I think there may be some confusion here. I'm not aware of any statement or clarification from Ibe Kachikwu, a former Nigerian Minister of State for Petroleum Resources, regarding a $100 billion loss to militancy in the Niger Delta.

However, I can provide some context and information on the issue.

The Niger Delta region has faced significant challenges related to oil theft, pipeline vandalism, and militancy, which have resulted in significant economic losses for the country. According to various reports, including those from the Nigerian National Petroleum Corporation (NNPC) and the International Monetary Fund (IMF), the country has lost billions of dollars in revenue due to these activities.

In 2016, the NNPC estimated that Nigeria had lost around $20 billion in revenue due to oil theft and pipeline vandalism in the Niger Delta. Similarly, the IMF estimated that the country had lost around $15 billion in revenue between 2010 and 2015 due to these activities.

It's worth noting that the exact figure of the losses is difficult to quantify, as it depends on various factors, including the level of oil production, the price of oil, and the effectiveness of security measures to prevent theft and vandalism.

If you have any specific information or a source regarding Ibe Kachikwu's statement on a $100 billion loss to militancy in the Niger Delta, I would be happy to help clarify or provide more information.