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Beyond PIB Cross Rivers Fate Hangs In The Balance - Politics - Nairaland

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Beyond PIB Cross Rivers Fate Hangs In The Balance by Ayade001(m): 5:06pm On Jul 02, 2021
Kemi Adesun.

The Nation was agog with some sort of Jubilation when the Two Houses of LawMakers passed the PIB that had been crawling back and forth since 2008.

While the PIB addresses many of the Concerns of Oil Producing Communities it does very Little to Address the challenges of Communities impacted by the Oil Producing Communities.

Professor Ben Ayade Governor of Cross River State openly expressed his reservations about this in an interview recently.

Many besides Cross Riverians are Unaware that Cross River is the Dot in the Circle of NigerDeltan Oil Producing states,standing out as a laughable stock dying of thirst in the middle of the Ocean.
The only Niger Delta State grossly impacted by oil, but without access to it's 13% oil revenue derivation

A quick back track, In 2007 the Nigerian Senate refused to cede the Bakassi Peninsula to Cameroun

However by a stroke of Anomaly on the 14th of August 2008 the territory was completely ceded to Cameroun.
No one Prepared the Government for what was to come from the sudden yanking away of its oil revenue resources and attendant 13% derivatives.Today Cross River State Sits very uncomfortably at number 35 in Revenue allocation from the Federal Government

A laughing stock example as the Only State in the NigerDelta sitted in such a Precarious position despite the impact on its Economy by the impacts of Neighboring Oil Producing states & Country who enjoy the Largesse of Revenue Allocation and also 13% Derivative.


Celebrated as it should the passing of the PIB leaves a gaping hole that requires urgent attention by the LawMakers to fill the impasse created in the Economy of Cross Rivers state by the ceding of Bakassi Peninsula.

This gangerous sore has to be reopened to include the impact of Oil on surrounding communities & not just Producing States

Cross Rivers's other resources also have to be quickly tapped into by the Federal Government or the State given a Fiat to quickly start taking advantage of its other Oil Options or Gas Deposits to provide additional income for the gaping hole the ceding of Bakassi Peninsula has created in the Economy of the State.


Kemi Adesun
Patriot.

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