the price of oil is $60 per barrel, if there is peace. we can produce 2,500,000 barrel



While the north and igbos would have 1,750,000 barrel a day.

If we find out how much we make with the 70% per year. the calculation is.


60 x 1,750,000 x 365 days = 38,325,000,000 == $ 38 billion a year.



let the north and igbos have the 70% of the oil.




Now to find how much would nigeria without would be making from both oil and non oil . non oil should be about 11 billion ,

so 38 + 11 bilion is $49 billion

so the north if this bill goes thru would control $49 billion. This is why the northern senate and house of member need to approve the bill.


Take your $49 billion and leave us alone.
you people are making $49 billion and you do not want to leave us alone.
This bill have to pass.

the north if this bill goes thru would control $49 billion.

If you do not believe here is the official federal ministry of finance website, do the calculation of oil derivation yourself.
http://www.fmf.gov.ng/FMF_Revenue_Alloc.aspx








Ikeyman, i would assume you do not know maths, let me show you thru maths what happen and to those northerners who do not know maths,


If this bill pass in the houses of the senate and national assembly.

What would remain in Nigeria in term of land space is 712830 sq km. And the remain part of south still of nigeria , its land space would be 67409 sq km, which is less in land space than Borno state of 70,898 sq km or Niger state of 76,363 sq km.

To now do the calculation what percentage of the north that make us the now New 70% oil rich Nigeria


67409/ 712830 X 100% = 90.54% of the land space is Northern Nigeria.


90.54% of the 712830 sq km remain in the New Nigeria would be the north with 70% of the oil of Nigeria and access to the sea. .




























A BILL
AN ACT TO CREATE THE NIGERIA-BENIN COMMISSION AND BOUNDARY RELOCATION AND NIGERIA-BENIN PARLIAMENT.

SPONSORS
EGBE OMO ODUDUWA


This Bill shall amend the boundary of Nigeria. And the following state of Bayelsa, Edo, Ekiti, lagos,Oyo, Ogun, Delta, Ondo, Osun, Kwara,kogi and Borgu(niger state) [Belodok states ] shall be permanently transferred to Benin Republic with supervision of the Nigeria-Benin commission. All land, air, coastal area, land, everything inside its land and air shall belong to the Republic of Benin
NIGERIA-BENIN COMMISSION ROLE AND RULES
This bill also create the Nigeria- Benin commission, which is to be headed by the president of Nigeria and President of Benin republic in rotation. A Two year duration , shall be approved by members of the Nigeria-Benin commission. The head of the Nigeria-Benin commission shall be called President General. The position of President General is reserved for only the president of Nigeria and Benin Republic. No other member of the Nigeria- Benin commission can hold the position of President General or deputy President General apart from this two.

The position of President General shall be rotated between the president of Nigeria and Benin republic. While the position of deputy President General shall be rotated between the president of Nigeria and Benin republic. With Nigeria President Umar Yar Adua starting first.

The Nigeria-Benin commission shall have 17 members. There are
The president of Nigeria.
The president of Benin republic
The president of Nigeria-Benin parliament
The Deputy president of Nigeria-Benin parliament (Nigeria)
The Deputy president of Nigeria-Benin parliament(Nigeria)
The Deputy president of Nigeria-Benin parliament(Nigeria)
The Deputy president of Nigeria-Benin parliament(Benin)
The Deputy president of Nigeria-Benin parliament(Benin)
The Deputy president of Nigeria-Benin parliament(Benin)
The senate president of Nigeria Senate
The Deputy senate president of Nigeria senate
The President of the Nigeria house of representative
The deputy President of Nigeria house of representative
The senate president of Benin Senate
The Deputy senate president of Benin senate
The President of the Benin house of representative
The deputy President of Benin house of representative

All serving governor, members of the senate, house of representative, chairman of local government, all elected position shall retain their position either transferred from Nigeria to the New Republic of Benin or in Nigeria.
There would be one currency in Nigeria and Benin republic with one central bank in each country. The currency shall be knew as Nibe. From the first two letter of the name of Nigeria and Benin Republic.
Nigeria and Benin Republic would financed the Nigeria-Benin commission and Nigeria-Benin parliament base on a 70% for Nigeria and 30% Republic of Benin ratio.
And an open boundary with no immigration officers expect at the boundary with other nation apart from Nigeria and Benin Republic.
All citizen of both Nigeria and Benin shall have right of resident in both country.
Nigeria and Benin republic shall still remain separate sovereign nation
This bill is based on the willingness of Benin republic accepting the Belodok state, if in an otherwise case the Belodok states shall become sovereign nation and all refers to Benin republic in this bill shall be replaced by Belodok, including the commission and parliament.
.

The Nigeria-Benin commission role is an executive role , while the Nigeria-Benin parliament is a legislative role.
All non physical assets of Nigeria including money and external reserve and other should be divided and transferred with a ratio 70% for Nigeria and 30% for Benin Republic.
Nigeria and Benin Republic shall contribute military force to Ecowas, Africa union and United nation if need be.
All office, officer and position either in the military or civilian retain in the Nigeria shall be transfer over to Benin republic and shall all retain the same position expect if in conflict. All personel should not be sacked. And most retain their position or be created.
All physical military position and assets of Nigeria including money, weapon, ships, tanks and others and other should be divided and transferred with a ratio 70% for Nigeria and 30% for Benin Republic.
All military personel in Nigeria of the New Republic of Benin origin shall be transfer to the Republic of Benin and retain the same military position and rank expect if there is conflict.
All civilian personel in Nigeria service of the New Republic of Benin origin shall be transfer to the Republic of Benin and retain the same position and scale expect if there is conflict.
All physical assets outside of Nigeria should be divided and transferred with a ratio 60% for Nigeria and 40% for Benin Republic.
All physical properties, document and other in The New Republic of Benin should be transfer by Nigeria. Include Airport, stadium, universities, roads, railway, seaport, etc belonging to Nigeria but is located in the New Republic of Benin shall be transfer to the Republic of Benin.

Each countries shall monitors its territory according to international law.
All international agency should be inform of the change in boundary and the establishment of the Nigeria-Benin commission including Ecowas, Africa union, the United Nation, European Union, USA, UK, Canada, China, India, Japan, Germany France, south Africa and other countries.
Nigeria-Benin commission headquarter, activate and site shall be located not in the capital of both country but on both countries bank of the River Niger at Mokwa in Niger state and Jebba in Kwara state. While Abuja would still remain the capital of Nigeria.
Nigeria-Benin commission duty include to execute law and rule set for it by the Nigeria-Benin parliament.


NIGERIA-BENIN PARLIAMENT ROLE AND RULES.

Nigeria-Benin parliament official languages shall be in English and French
Nigeria-Benin parliament headquarter, activate and site shall be located not in the capital of both country but on both countries bank of the River Niger at Mokwa in Niger state and Jebba in Kwara state. While Abuja would remain the capital of Nigeria.
The present Nigeria and Benin republic senate and house of representative would be merge on both level to create the initial Nigeria-Benin parliament.
In future the Nigeria-Benin parliament shall be made of members 60% of Nigeria and 40% of Benin Republic members.

The Nigeria-Benin parliament shall formate law leading to the unity of both economy
Nigeria-Benin parliament shall have one President and 6 deputy President. Three each from Nigeria and Republic of Benin
Nigeria-Benin business licensing board shall be created to licence business in the Nigeria-Benin parliament area.
All business licence shall be merge.
All members of Nigeria-Benin parliament shall be eligible for election to the office of President or deputy president of Nigeria-Benin Parliament.
The President or deputy president of the Nigeria-Benin parliament cannot combine his duties with any post expect ecowas related.
The President shall reside at the seat of the Parliament.
Before every round of voting at the Nigeria-Benin Parliament, the list of candidates for the post of President or deputy president shall be submitted to the Oldest Representative in term of age who shall read it out to the Parliament.
The President shall be elected by a two-thirds of Members of Parliament at the first round of voting, by an absolute majority of voting members at the following rounds at which only two (2) candidates who obtained the highest number of votes shall be presented.
As soon as the President has been elected, the oldest Representative shall vacate the Chair as acting President of Nigeria-Benin Parliament .
Only the elected President of the Nigeria-Benin Parliament may deliver an opening address.

Election of Deputy President to Nigeria-Benin Parliament
Six (6) Deputy President to Nigeria-Benin Parliament would be elected. Three each from Nigeria and republic of Benin.
Six (6) Deputy President to Nigeria-Benin Parliament shall then be elected separately. The candidate obtaining the majority of the votes cast on the first ballot shall be declared elected.
Should the number of candidates elected be less than the number of seats to be filled, a second ballot shall be held under the same conditions to fill the remaining seats.
Should a third ballot be necessary, a relative majority shall suffice for election to the remaining seats.
New nominations may be introduced between ballots during the election of Deputy President
Deputy Presidents to Nigeria-Benin Parliament shall take precedence in the order in which they were elected and, in the event of a tie, by age,
The term of office of the President or Deputy President to Nigeria-Benin Parliament shall be one time term of two years
The term of office of the President to Nigeria-Benin Parliament shall be rotated between Nigeria and Benin Republic.
.
The term of office of the all members of the Nigeria-Benin Parliament shall be four years.

The Parliament may, on the basis of the report of a special committee, remove the President or Deputy President to Nigeria-Benin Parliament by a vote of two-thirds majority of the members, for serious shortcomings in the management of the affairs of the Parliament .
The special Committee may be set up at the request of a parliamentary group or at least twenty (20) Members of Parliament. The decision to set up the Committee shall be approved by a simple majority of the Members of Parliament of Parliament.
When a Representative changes parliamentary group he shall retain, for the remainder of his term of office, any seat he holds in the Nigeria-Benin Parliament.
Should a vacancy for one of these positions occur before the expiry of his term, the Representative elected shall serve only for the remaining period of his predecessor's term of office.

Vacancies
Should it be necessary for the President, a Deputy President or any other member of the Nigeria-Benin Parliament to be replaced, his successor shall be elected in accordance with these rules.
A newly elected Deputy President shall take the place of his predecessor in the order of precedence.
Should the President’s seat become vacant, the first Deputy President shall act as President until a new President is elected.
Duties of the President
The President shall direct all the activities of Parliament and its bodies under the conditions laid down in these Rules. He/she shall enjoy all the powers necessary to preside over the proceedings of Parliament and to ensure that they are properly conducted.
The duties of the President shall be to open, suspend and close sittings, to ensure observance of these Rules, maintain order, call upon Presidents, close debates, put matters to the vote and announce the results of votes, and to refer to Committees any communications that concern them.
The President may speak in a debate. Should he wish to take part in a debate, he shall vacate the Chair and shall not reoccupy it until the debate is over.
Parliament shall be represented in international relations, on ceremonial occasions and in administrative, legal or financial matters by the President, who may delegate these powers.
Duties of the Deputy President
Should the President be absent or unable to discharge his duties, or should he wish to take part in a debate pursuant to Rule , he shall be replaced by one of the Deputy Presidents, in order of hierarchy.
Duties of Treasurers
The Treasurers shall be responsible for administrative and financial matters directly concerning Members of Parliament, pursuant to guidelines laid down by the Nigeria-Benin Parliament.