A coalition of northern leaders, professionals and businessmen are calling for an immediate review of the revenue allocation law, describing the present formula as “obnoxious, lopsided and unfair to all Nigerians.”

[size=40pt]They also claim oil producing states themselves are victims because the revenue accruing to them is far beyond their capacity to manage.[/size]

The coalition which met on Thursday in Abuja under the aegis of the northern coalition said “the revenue allocation law consequently encourages corruption and hyper-inflation in the oil-producing states, its neighbours and the country at large.”

According to statement from the convener of the meeting Dr Junaid Mohammed, the existing revenue allocation formula violates a subsisting judgment of the Supreme Court as well as the international Law Of Sea Convention (LOSC), which stipulates that “oil and all forms of wealth found on the continental shelf or the international sea bed must belong to the countries and not just to administrative/political units (littoral states) adjoining the physical sea.

The statement reads “the law is an encouragement to the political class to ignore the ecological devastation as a consequence of oil-related activities while financing and encouraging terrorist agitation and criminality in that part of Nigeria for political blackmail, extortion and ransom”.

The meeting condemned the practice of awarding oil blocks and crude oil lifting’s to top Generals, cronies of parties or persons in power and fraudsters and it called for the revocations of all the oil blocks and oil lifting contracts and urge a comprehensive review of all manner of refined products import contracts.

It also demanded that all Generals and dishonest businessmen, local chiefs and war-lords involved in criminal bunkering must be identified, arrested and effectively prosecuted.

Third term allegation

The Committee also noted with concern and alleged the going-on in the constitutional amendment committee set up by the Federal Government under the former Chief Justice of Nigeria, Justice Alfa Belgore, is “pursuing sinister third term agenda/renewed tenure elongation for the President, Dr. Goodluck Jonathan.”

It claimed that effort by Justice Belgore (RTD) and other hirelings of the and the Villa is to “create a so-called NEW Constitution that paves the way for Jonathan to again contest the presidential election in 2015 for a single term of Seven (7) years, that is, in addition to his current Four (4) years to the nearly Two (2) years he had served of the Yar’Adua Presidency.”

The group claimed that this has divided the committee with Belgore opposing the plan.

They concluded that “the whole country with the North as its head will rise to oppose this mischief.”

The coalition also warned that in any future constitutional amendment exercise, the North will demand that the future status of Abuja must be at the heart of that discussion, claiming it is the generational inheritance of the north. “The paid agitators of a Sovereign National Conference should get prepared” they added.


http://www.channelstv.com/home/2012/03/15/northern-professional-group-demand-urgent-review-of-revenue-allocation/

People do not hate the north for nothing. I am just seeing that now

so northern nigeria have professors(wonders shall never end) are they professor in allah education or wesyern education that they call sin ?

Now I get it, first SS is not allowed to become president, now they also think SS don't know how to handle money made from their resources? I go die-o!

I just wonder how ignorant the west and south can be; of course professors exist in the north. Can we also clear up the ignorant misconception about education. Islam considers all knowledge to be sole property of the creator freely given to whomsoever wants it. If some few ignorant muslims claim western education is bad that their opinion not Islam's.

By the way how many are aware that Islam was the catalyst for scientific knowledge in the 17th and 18th century. No be argument, just google it and learn.

Toaskarity: so northern nigeria have professors(wonders shall never end) are they professor in allah education or wesyern education that they call sin ?

They are professionals in parasitism. Abi you no sabi?

Just wondering why southern leaders are not galvanizing themselves to counter these eediots, na only dem sabi tok sef?

The Arbiter: I just wonder how ignorant the west and south can be; of course professors exist in the north. Can we also clear up the ignorant misconception about education. Islam considers all knowledge to be sole property of the creator freely given to whomsoever wants it. If some few ignorant muslims claim western education is bad that their opinion not Islam's.

By the way how many are aware that Islam was the catalyst for scientific knowledge in the 17th and 18th century. No be argument, just google it and learn.

No first of all islam is not a living human being so what you are saying doesn't make sense.
But if you want to say that muslims were the garantors of knowledge during a certain period of time, then all i have to say is: they merely translated the scientific works of the greeks and maybe push it a little bit further while the europeans were too occupied with their dark ages.

Obviously, those unfortunate "professionals and businessmen" are bent on exposing what the ND has known for decades to the rest of Nigeria.
Cinema just de start o! Make unu sidon wella!

"Snake in the Monkey Shadow
Featuring Wam Ping and Bruce Lee
Guest Stars - Lee Kwon and the 5 Shaolin Masters. Assorted Ninja Warriors"

Egbe wan gas!

eagleu: Now I get it, first SS is not allowed to become president, now they also think SS don't know how to handle money made from their resources? I go die-o!

Wonder shall never end abi oo!!! Those people wey dey north dem no shame

The North born to rule attitude is becoming evident for everyone in Nigeria