Surrendering Of Bakassi To Cameroun, A Huge Loss To Nigeria - VP Osinbajo

Exactly 10 years after Nigeria surrendered the oil-rich Bakassi Peninsula to Cameroun, the Acting President, Professor Yemi Osinbajo, has depicted the move as a gigantic misfortune to the nation.

The Acting President who was speaking at a town hall meeting in Calabar, the Cross River state capital, however, guaranteed that displaced indigenes of the district will be resettled.

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He said the Federal Government would see to the development of the Lagos-Calabar Rail to encourage economic development in the state and for the benefit of the general population.

“This (ceding of Bakassi) is a development that all of us consider a loss. But the President strongly believes that while we ruminate over the legal issues, we must not allow Nigerian citizens to suffer. The Federal Government is determined to do more with the displaced in Bakassi,” Professor Osinbajo said.