From Tony John, Port Harcourt

Six state governors in the South South region have demanded the upward review of oil derivation formula from the present 13 per cent to 50 per cent.

They have also demanded that Cross River State should be accorded a special status, following the ceding of Bakassi Peninsula and several oil wells to Cameroon by the Federal Government, without any consultation with the people of the state.

These were among several resolutions of the governors, local government chairmen and people of the region made at the two-day public hearing on revenue allocation formula review, organised by the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), held in Port Harcourt, Rivers State.

Delta State Commissioner for Finance, Dr. Fidelis Ekenwo, who read the position of the South-South geopolitical zone, said the governors rather than balkanise their presentations, decided to put together one resounding voice, to address the situation as it concerns the zone.

Ekenwo said allocation to the states should increase to the basis of 42 per cent to states, 35 and 23 to the Federal Government and local governments respectively.

He added that allocating more money to the federal promotes wastes and inefficiency at the federal level.

They stated: “The people of South-South want the 13 per cent derivation to be moved up immediately. We are recommending that the new derivation should be 50 per cent. We are clearly unhappy because we believe that the current 13 per cent is not doing anything for us.

“Every state should take charge of their resources and contribute an agreed percentage to the centre for the services of the Federal Government.

“Secondly, there should be a review of the legislative list and transfer some responsibilities to the states, such as agriculture, housing, water resources, transport, road construction. These items do not have any business with the Federal Government, because the states and local governments are closer to the people.

“In the last 25 years, has there been any federal housing estate project in the zone? Yet, money is budgeted yearly to the Federal Ministry of Housing.

“All funds generated by revenue generating MDAs should be added to RMAFC for onward distribution to the states and local governments, who are also co-owners of these MDAs.

“Oil companies should relocate their head offices and operational bases to areas of their operation.

“In the South-South, any state that suffers any negative impact also affects other states. We are asking that there should be a special status for Cross River State.

“The country is clearly aware that Bakassi Peninsula and several oil wells in Cross River State were ceded away to Cameroon by the federal government of Nigeria, following the implementation of the Green Tree Agreement.

“This action was carried out unilaterally by the Federal Government without any consensus by the people of Cross River. Hence, a special status should be accorded the state and a special fund of 1.5 per cent of the federation account should be given to them.”

At the closing of the public hearing, six Commissioners for Finance in the zone, representatives of their various state governors, local government chairmen, civil society groups and stakeholders from the six states of the zone, were present.

https://www.sunnewsonline.com/south-south-govs-leaders-demand-50-oil-derivation/

I have this nagging feeling that this is mere grandstanding, positioning for 2023 PDP presidential zoning going on now.

Anytime persons who never associated with Igbo or South east start dressing in Igbo attire, you should smell a rat.




See Kalu doing his own positioning, in Igbo attire of course. lol

I don't think that would be possible,if they could achieve VAT for you think they can achieve this?


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south south should get atleast 80%....

this formula today is not fair atall....

Nice one South South.

Demand everything demandable, it’s your resources.

onumadu:


I have this nagging feeling that this is mere grandstanding, positioning for 2023 PDP presidential zoning going on now.

Anytime persons who never associated with Igbo or South east start dressing in Igbo attire, you should smell a rat.




See Kalu doing his own positioning, in Igbo attire of course. lol

Define Igbo attire....what where your fathers wearing before 1914 or in the 1800s and what was the dress code of isiala ngwa igbo cannibals in those times? Your weakling governors do absolutely nothing while other regions demand what's due to them while your region burns to the ground, yet you people aren't bothered a bit about that.

R

These South South governors too like oyel



weyTin seff??

Okay

We will not take this insults from the south.. how dare you demand 50% so what will be left for the North that is bigger than you lots..??



Be warned and desist from this madness
Nigeria is one , learn to be your brothers keeper



North2023

Fvck em

They should demand 80% ...... If Zamfara could have 95% derivative from their hold and naturals stones why not the south?

Hmmm

We should demand at least 80%-85%. Out region feeds this country called Nigeria & it makes absolutely no sense for us to be receiving 13% for God given right. Rivers, Delta, Akwa Ibom, Bayelsa, Edo & Cross River are were the wealth of this land comes from and they must get at least 80-85.

Very good. The south south states deserve it and more. The federal government must do more than pay lip service to it's decades -long diversification agenda.
More work has to be done go stem the tide of terrorism and banditry in the north and middle belt regions so that the agric revolution can take place.
The south west is doing well economically.
Lastly, a referendum has to be conducted in the South Eastern region so that they can be peacefully granted their long time wish of becoming their own separate country.

Enough of talking. Let's start doing.

You stole 13%, even they give you guys 100% you will still loot it.

But it's ok to shout at least it will give your people someone else to blame other than your irresponsible governors.

Shey your son was the president for years but not a single significant project was started and completed in your region but that is not a problem.

Nddc and ministry of Niger Delta commission together can't commission a significant project after awarding trillions of naira contracts.

But it's ok to blame the federal government

Thieves demanding more looting access as usual. Their greatest pain if they FG allocated 3% to oil communities instead of the same thieving governors.

Blackfire:
We will not take this insults from the south.. how dare you demand 50% so what will be left for the North that is bigger than you lots..??



Be warned and desist from this madness
Nigeria is one , learn to be your brothers keeper



North2023

Bigger in productivity or bigger in depending and consumption on the productivity of the South?

Nigeria became one for the convenience of the British......within the next 20 years every present region would finds its square root and re-negotiate how it would relate with others.

"One Nigeria" is living in denial....time will tell.

If they can get this, it'd be wonderful. Those are good demands

onumadu:


I have this nagging feeling that this is mere grandstanding, positioning for 2023 PDP presidential zoning going on now.

Anytime persons who never associated with Igbo or South east start dressing in Igbo attire, you should smell a rat.




See Kalu doing his own positioning, in Igbo attire of course. lol

So this is all you can deduce from this piece of interesting news? It's a shame!

To the news, asking for 50% makes no sense to me. These people should go straight to the point and stop beating about the bush. The state should control its resources and pay tax to the center. This is something Jonathan would have influenced as president in a PDP-dominated legislature.

The so-called exclusive list should be cleared and the responsibilities moved to the states, while the federal government focuses on running the military, its related MDAs, and federal legislature and judiciary.

This people never even know where e dey pain them ...as far as we are in Nigeria that can never happen

Helping Niger delta get 13% derivative is one of the reasons igbos are hated by the north

And what did we get in return ?

50%? . Not in Nigeria,go to Biafra!

Better... The suffering is too much

We are clearly unhappy because we believe that the current 13 per cent is not doing anything for us.

Sorry Southerners!

You do not have the rights to make such demands. The revenue in question belongs to the North

WesternOligarch:



Define Igbo attire....what where your fathers wearing before 1914 or in the 1800s and what was the dress code of isiala ngwa igbo cannibals in those times? Your weakling governors do absolutely nothing while other regions demand what's due to them while your region burns to the ground, yet you people aren't bothered a bit about that.

Futadjalon; jajaweeds ;
Invaders ;
Rapiest;
Murderer's;
Land grabbers;
Nde- oshi;

Ndi-Igbo
Imo
Abia = Crude Oil
Ndi-Igbo =educated ,commerce= (30 billion diaspora remittance annually) southern- Nigeria

Fulani terrorists = Nde ori -
non indigenous ,nomads,no education,power hungry,insults the host ,parasitic in nature,unity beggers for exploitation.

Nice one

Buhari don open everybody eye

His blatant disregard to other ethnic groups is yielding results . Oppression don dey open people eye

I think you are joking or you just want to get attention

Blackfire:
We will not take this insults from the south.. how dare you demand 50% so what will be left for the North that is bigger than you lots..??



Be warned and desist from this madness
Nigeria is one , learn to be your brothers keeper



North2023

[s]

mrvitalis:
This people never even know where e dey pain them ...as far as we are in Nigeria that can never happen

Helping Niger delta get 13% derivative is one of the reasons igbos are hated by the north

And what did we get in return ?

[/s]

Sense always eludes your posts.