₦airaland Forum

National Chairman of Afenifere Renewal Group (ARG), Mr. Wale Oshun speaks on the group’s renewed quest for Nigeria to be restructured to true federalism within the next decade, as otherwise, it stands the risk of going under. SEYE OLUMIDE reports.

What informed the summit ARG organised in Ekiti State recently?
You cannot talk about Ekiti summit without also talking about what the body is and what we do. What we do is that, sometimes we get together and discuss about who we are and what we stand for, so we don’t lose focus. That is why we call it a retreat. It is time to review our activities, so the summit is to ensure we remain on track to do what we set out to do originally. What we discussed was predicated on how we were established.

There was a time Afenifere leaders were at each other’s throat, when the governors were on one side and the elders on the other. These sharp differences did not really manifest when the late Pa Abraham Adesanya was in charge. He was able to manage the crisis, but it became worse after he died.

The crisis continued when the then governors and elders were throwing brickbats at each other. Those of us who regarded ourselves as younger members of the group, even though we were in our late 40s and 50s were thinking of what to do. This notwithstanding, we had paid our dues. Some of us had been imprisoned, while some had been locked up in the struggle to defend the Yoruba nation’s interest. It wasn’t as if we came from the blues, as we were part of the system. We were the consistent victims of the misunderstanding among the leaders, who ought to have shown direction.

We ultimately ended up convening a retreat, which we called the Ibadan Retreat or IITA Retreat, where we brought together all the feuding elders to resolve the crisis. We also ensured that other germane issues bordering on Southwest’s development were discussed.For instance, we discussed Chief Obafemi Awolowo’s attitude to development. We also interrogated many issues, though it ended at the level of discussion, because no sooner we left Ibadan than the old attitude of throwing brickbats started again.

Chief Ayo Adebanjo granted an interview to The Guardian to celebrate his birthday, which erupted the old crisis. But a major takeaway from the Ibadan retreat was the decision to establish a policy think tank, a policy institution, which we later named Yoruba Academy.But when other issues of the follow up to that Ibadan meeting started, we discovered the futility in continuing to waste our time, hoping we could resolve the differences among Afenifere leaders. We then decided to establish our own body, which would not be accountable to the two feuding sides. That was how we started meeting at Magodo in Lagos to hold consultative meetings.

We met several times at Governor Kayode Fayemi’s home in Maryland, Lagos and came up with the decision to establish ARG. We believed then as we believe today that we should continue to foster the welfarist principle that guided Chief Awolowo in his sojourn in government and to follow his footstep in interrogating the issues of policies to development.So, we decided not to let that feuding rubbish Afenifere’s name. We decided to take up the name ARG, which came after many consultations. And I can recollect that many times, Mr. Jimi Agbaje would ask at the meeting whether we were really ready or have what it takes to establish another body.

What we did was to quickly start the Yoruba Academy. After that, we brought together Yoruba academics, intellectuals and accomplished Yoruba businessmen and women in all fields. Our focus was what should be the next step for Yoruba land. It was those consultations under the Yoruba Academy that led to the decision that all various governments in Southwest must cooperate with one another for the purpose of pursuing both economic and political development.

Essentially, we are concerned about the economic aspect of development, as that is what would create the jobs and better life and address economic challenges that would lead to growth. So, we decided to pursue the concept of integration. We then saw the need to have a separate body to pursue, which led to the recommendation to establish another body called Development Agenda for Western Nigeria or the Integration Commission.

But we also realised that only government can reasonably handle integration activities, the conceptual aspect of development in education, industry and housing, among others. We then decided that the best thing was to seek the buying in of all governments in Yoruba speaking area. We thank God that all the governors and governments keyed into the project.

Read Also Gov Wike Accuses Amaechi Of Planning To Bomb INEC Offices
At that time, even erstwhile Governor of Ondo State, Dr. Segun Mimiko, who was ruling on the platform of Labour Party supported the idea alongside other governors, who were members of the defunct Action Congress of Nigeria (ACN). They all came together to launch the Development Agenda for Western Nigeria.

So, it is the quest to continue such interrogation that brought about the Ekiti summit last week, which aimed at reviewing the situation in our country and how we are faring in Yoruba land. It was also to interrogate if there was anything we could do to assist the present set of Yoruba governors and political leaders on what to do to make life better for the ordinary citizen.

Can ARG be trusted to do all that you mentioned, as there is insinuation that it is an offshoot of Bola Ahmed Tinubu, who allegedly financed and sponsored the group to rebel against the parent body because of his selfish ambition?
Between God and I, Tinubu knows nothing about ARG’s formation, not to talk of financing it. Any member of the group will also tell you Tinubu knows nothing about what we did. Tinubu was invited to Ibadan just like other elders, because when the crisis was getting out of hand, we decided it was time to invite the governors who were Tinubu’s colleagues.

Then, Tinubu was the only survivor that secured second term as governor among his colleagues in 2003. The likes of Lam Adesina, Segun Osoba, Niyi Adebayo, Bisi Akande and Adebayo Adefarati were already out of government, and of course they were also part of the crisis.For instance, Adefarati was not with the governors. He was on the side of the elders, so it would not even be right to say the crisis was between the governors and the elders. Let’s put it this way: Bola Tinubu has no hand, was never consulted at anytime or played any role in our activities. Yinka Odumakin, who made it an issue in the past, was then our member and if you ask him, he should know or should be able to say Tinubu was not involved in ARG’s formation.

It is convenient for those wanting to demean what we are doing to say otherwise, but we ignore them. Anyway, we don’t intend getting involved in altercations with anybody, but to take steps that are cogent to our people’s development, even outside the government. We are trying to put pressure on those who have the capacity to change the course of development for the better in Yoruba land; that is the type of pressure group we are.

Some of our members had argued that to do this effectively, some of us would have to join politics. I have always been a politician anyway. I have been in the political party from inception, before the anti-military struggle we coordinated against the late Gen. Sani Abacha and Gen. Ibrahim Babangida’s government when we were in the National Assembly. It is puerile for anybody to say Tinubu influenced us. I will be 70 in my next birthday and somebody will look at me and say ‘ young man.’ How can I be a young man at 70? And a lot of my colleagues are in that range, with some even older. They tried to rubbish us by saying we are being directed. By who? There is no ARG member that is not accomplished in one profession or the other.

So, why did Odumakin leave the group, when he fell apart with Tinubu to return to the elders’ fold; why is Tinubu’s name at the centre of the whole crisis?
The original problem of Afenifere had nothing to do with Tinubu. It started with the late Attorney General and Minister of Justice, Chief Bola Ige and former Secretary to the Government of the Federation (SGF), Chief Olu Falae over the presidential ticket in 1999. It started with Afenifere’s decision to push for Falae’s nomination over Ige, who was of the view that the precedents in the Awolowo political family are that he (Ige) was senior to Falae and should therefore have been given the ticket.

But there were counter arguments that even Awolowo allowed him (Ige) to become the governor of Oyo State over and above Pa Emmanuel Alayande, as that was the majority’s view then. It was argued that Pa Awolowo also allowed Cornelius O. Adebayo to emerge over Pa Josiah Sunday Olawoyin in Kwara State because that was the majority’s wish then. You can find some elements of righteousness on both sides. Ige, who felt he was the most senior, deliberately travelled out of the country and didn’t bother to lobby his colleagues enough for the ticket. He felt that it was given he would get the ticket, but his colleagues thought otherwise. They considered his actions arrogant, so they settled for Falae. That was the beginning of the altercations.

Read Also ‘Reformed APC’ names leaders (SEE LIST)
Again, some others didn’t want Ige to serve in the government of former President Olusegun Obasanjo, but Ige decided otherwise. Those are the build up to the Afenifere crisis, and it got to a point the governors, being the executive power holders, were expected to play a role. But the likes of Adefarati, Adesina and others, they saw some sense in standing with the elders. However, the younger ones like Adebayo and Tinubu saw sense in being flexible and supporting Ige. So, you had that kind of polarisation. It didn’t really start with Tinubu; it started because the leaders couldn’t manage their affairs and Ige was one of them.

Once there was such a disagreement at that level, which they failed to manage, despite the fact that Pa Adesanya tried all his life to ensure that the crisis didn’t become a permanent problem. He tried to compartmentalise the dispute within the group, but there were some of his colleagues that wanted to confront Ige. I discussed the issue in my book, which I published more than 10 years ago. They wanted a fight and Ige gave it to them. It wasn’t a Tinubu issue.

It became a Tinubu issue, when Afenifere made the error of campaigning for all the five governors for reelection in 2003, but refused to campaign for Tinubu. Even as young as I was then, I remembered warning and asking Afenifere leaders: Suppose Tinubu was reelected? But they said it didn’t matter. Coincidentally, Tinubu was the only reelected Southwest governor in 2003.

With that development, it was unrealistic of Afenifere elders to think that the man they didn’t want reelected would now open his arms to happily welcome them. And that was why the crisis continued. Unfortunately, Ige had passed on by then. It was convenient for the elders to make it look like it was a fight between them and Tinubu, but the truth is the crisis didn’t start that way and history is there to judge. Before, it was a leadership crisis between some of their ideologues against Ige group, but they eventually made it look like it was their fight against Tinubu after Ige passed on.

Why did ARG suddenly become lukewarm in demanding for restructuring, when the likes of Tinubu and some other Yoruba leaders that are currently part of APC government turned their back on the subject?
I disagree with that notion. Let us look at the history of restructuring in this country. If you look back, you will remember such names as Alao Aka Bashorun, Beko Ransome-Kuti and Afenifere because that is what we stood for and we still stand for it. The communiqué we issued after the Ekiti retreat stated that restructuring must be pursued. We also called on Yoruba leaders not to be ashamed in their pursuit and advocacy for restructuring, because President Muhammadu Buhari and Governor Nasir el-Rufai are not afraid to protect their people’s interest. Therefore we (Yoruba) should also not be afraid to project our people’s interest, which can only be achieved through restructuring.

We need to recall that even when APC was going round the country, trying to find out Nigerians’ position on the matter, and it came to Western region, members of the party went away with the clear message that Western Nigeria would want the country restructured as a true and proper federation.

But the interesting thing is that the general concept of APC’s report, which el-Rufai openly presented, is that there is a general acknowledgement of the need to restructure Nigeria to become a proper federation. So, if the party is shying away from it, one day, it will still have to return to it because that is the result of an engagement the party had with Nigerians. You can confirm this from el-Rufai and Senator Olubunmi Ajetunmbi of Ekiti State.

Are you not bothered that the likes of Vice President Yemi Osinbajo, Tinubu, Governor Fayemi and other notable Yoruba politicians in this government are now speaking from both sides of their mouths about restructuring?
But Fayemi was talking about restructuring. What he said was that across the country, there may be people who may not understand restructuring the way Yoruba leaders are saying it, and it is imperative for Yoruba people to try and make themselves explicit on the mater for others to understand it, unless you want to fight a war. But we want to discuss it and educate others, so that they will see that when restructuring is properly done, each zone will benefit from it.
Fayemi said all we need to do is to let other geopolitical zones look back to the post independent era, when we had a true federal Nigeria. When the North decided it would have no relationship whatsoever with Israel, but the West did. Then, Nigeria didn’t have diplomatic relationship, but every region could open up and that is why Western Region could have an office to manage its own affairs. This means it would be to the country’s advantage, if we have true federation. In such case, even those who have 80 to 85 per cent Muslim and have been clamouring for Sharia could implement it. So, Fayemi is saying we need to allay the fears of those opposed to the concept of restructuring, but people are twisting his words.

Read Also Bukola Saraki Betrayed Us, I Regret Supporting Him - Ali Ndume Makes Revelations
Secondly, I cannot speak for the vice president, but the last time I heard him speak on the subject, he was of the view that those who would like to see restructuring should follow the judicial process, but we believe that restructuring should be constitutional process. We would continue to have judicial interpretations, which could happen in the next 100 years to clarify faulty areas. But basic transformation in terms of constitutional reform can only take place thorough constitutional engagements and not through the courts; like we had during the 2014 National Conference organised by former President Goodluck Jonathan. The vice president didn’t say we don’t need restructuring. He only said it should go through the judicial process, which will take over 200 years and the country will be under the table by then.

Are you saying Nigeria may be doomed if it is not restructured within the next decade?
If we don’t restructure within the next 10 years, we may not have a country to talk about. It is necessary we understand that because the dynamics are there. The instability facing Nigeria today was not there 10 years ago, whether we are talking of Boko Haram, militants or kidnapping. And the instability will continue to mount, whereas if we restructure properly and each region manages its security and structure its policing system, housing and investment, all the regions would create the economic structure that would enhance their development. The earlier we started working on it the better. All that Fayemi said was that we must find a means of ensuring that other Nigerians who are yet to grasp the concept of restructuring understand it.
But the ambition of some Yoruba politicians in APC to become president in 2023 is also hampering the demand for restructuring, which is why some people are doubting ARG’s sincerity on the issue…

Let me be categorical. Obasanjo was president of the country for eight years. Indeed, if the Yoruba had had any Head of State that put them on backward slope, it was Obasanjo’s regime. The issue is not who becomes the president, even though we must consider it in our discussion, since it is now a norm that the presidency must go round the zones. But the important thing is that those aspiring to rule the country are aspiring to rule an impossibility. It doesn’t matter where such people come from, whether they are Yoruba, Hausa or Igbo.

If Nigeria had been restructured 10 years ago, the Buhari administration would have been much more meaningful. The fight against corruption would have been institutionalised and not the personalised approach to the anti-graft war we have now. It is not about whether the president has integrity. Nobody is disputing Buhari’s integrity, but a restructured Nigeria would ensure that the fight against corruption is institutionalised and the president would now be free to face governance and not be bugged down by who has stolen what or who is diverting what?

What is ARG’s view of APC manifesto in 2015 in which it promised to restructure Nigeria?
I am not in government, but I know that Yoruba leaders that participated in evolving APC manifesto and constitution insisted there must be restructuring, and none of them can deny it. If the party now refuses to implement it, that means whoever is in power believes that is not his priority. I am yet to see a Nigerian who believes that this country can be at its best, if it remains in the present constitutional mode.
Source; punch

The Nigerian National Petroleum Corporation (NNPC) recorded loses in the region of N551.46b from January 2015 to December 2018.
Details of financial records published on the company’s website revealed that the national oil company repeatedly failed to meet projected profits as its subsidiaries, particularly refineries, running cost at the headquarters and other arms left whopping deficits.

The corporation recorded N267.14b loss in 2015. The figure stood at N197b in 2016. In 2017, data from its financial statements showed N82b in operational losses, while a deficit of N5.46b was posted for January and August in 2018.

While the company has excluded key details such as taxes and figures from the Nigeria Liquefied Natural Gas (NLNG) Ltd, it has continually failed to perform when compared to other national oil companies in Africa and other parts of the world.

Though the firm recorded a trade surplus of N80.57b last year, operating deficit recorded by the nation’s refineries alone rose sharply by 39 per cent to N132.5b in 2018.

When compared to the previous year, the data showed that the refineries posted a loss of N95.09b.

While the corporation earned N2.046t in revenue in 2015, it spent N2.313t leaving a loss of N267.138b. Its corporate headquarters recorded the highest loss of N162.736b, while its product supply and distribution arm, the Pipelines and Products Marketing Company (PPMC) came second with N162.06b loss, followed by a combined loss of N82.09b from its three refineries.

In 2016, the financial and operational report showed that the corporation earned N1.726t, but recorded an expenditure of N1.923t. Losses from its refineries alone totaled N78.95b.

The larger part of the losses made by the company in the past four years came from its corporate headquarters, refineries, and mounting under-recovery from import of petroleum products.

However, while the country is struggling to declare profits, Saudi Arabia’s Arambo posted a net income of $33.8b in the first six months of 2017 alone. Angola’s Sonangol posted a profit of $68m in 2016. Despite the payment of $853m in damages in the third quarter, Brazil’s Petrobras made $7b in 2018.

Most stakeholders, who expressed worry over the situation, said the losses galore would continue without holistic reforms in the nation’s oil sector.

Advertisement

Advertisement
While lack of reform is allegedly robbing the nation of about N3t in foreign investments, the stakeholders insisted that government’s interference in the corporation’s affairs, subsidy on consumption of petroleum products, and the shrouded system being operated by the firm would continue to limit NNPC potentials.

They added that the non-passage of the Petroleum Industry Bill (PIB) remained the major reason behind the poor performance of the state-oil firm.

The former President and Chairman of Council, Chartered Institute of Bankers of Nigeria, Prof. Segun Ajibola, decried the development, insisting that government was backing revenue that falls below cost.

Ajibola said: “If they continue like that, the deficits will continue to grow. But if the reverse happens, then surplus will be generated.”

Also, the Chairman of Tricontinental Group and immediate past President of the Nigerian-American Chamber of Commerce, Chief Olabintan Famutimi, said the opaque system of operation and governance of the corporation remains unacceptable.

“We are using all our money to subsidise consumption by the elites. Government has no business in the refineries, and there is no reason why the government is involved in the importation of petrol. These are scams. They (NNPC) will continue to record loses as long as the government is doing business that it has no business in,” Famutimi said.

He added that government’s continuous interest in the sector is adversely affecting profitability and deterring private sector players.

The former President, Nigerian Association of Petroleum Explorationists (NAPE), Abiodun Adesanya, who said the development has remained a critical one even from previous administrations called for a system that would enshrine transparency and accountability.


“I know that it is not lack of what needs to be done that is creating the problem, but the commitment to doing something transparent and honourable. The President must ensure that these negative performances are reversed. I don’t see why we cannot run profitably.

“The entities that are just money spending ventures should be scrapped, merged or reduced. You need to know, which entities are important and which ones are not,” Adesanya stated.

An oil and gas services provider, who manages, Mudiame International Limited, Sunny Eromosele urged the current administration to conduct a proper research, and plan an all-inclusive strategy that would address the continuous loses from the group.

Eromosele, who stated that government’s interference and lack of transparency were hindering profitability of the firm, added that the performance of the oil firm was shameful when compared with other national oil companies across the world.

He noted that the corporation owes Nigerians an explanation on the reasons behind the serial loses, adding that government needs to take its hands off the business.

“We should make the NNPC a private business and government should remove its hands. There is so much interference in the NNPC by the government and other people are making money from the business. Why is our case different? Government failed with NITEL until it was unbundled. But the private sector came in and made their money,” Eromosele said.

Executive Director, Centre for Democracy and Development (CDD), Idayat Hassan insisted that an overhaul of the current system being run by the corporation is necessary.

She noted that Nigeria must critically rethink the challenges facing the national oil company, adding that the group was perennially bogged down by transparency, accountability and profitability challenges.

“There is a need to restructure the NNPC. Nigerians need to have a conversation on if they want to maintain NNPC. Subsidy is a good example. This is a government that told us it is not paying subsidy. Then all of a sudden, it introduced subsidy through the back door. The opaque system has remained as it was in previous years, and the promises of unbundling the NNPC have not come to pass,” said Hassan.
Source: Guardian Newspapers.

kernel001:
Who? Igbos busy property and unlike Hauses begging for free land.
If they restructure Nigeria, are you aware that Igbos will prefer importing goods via Ph?, States will develop there own Airports.

Government makes the right policies and create and enabling environment for investments,you buying property is an investment that generates income for the state government.

kernel001:
Who? Igbos busy property and unlike Hauses begging for free land.
If they restructure Nigeria, are you aware that Igbos will prefer importing goods via Ph?, States will develop there own Airports.

You are not writing intelligently,onne port ,Calabar port now have serious competitors, they are not deep enough and douala port in Cameron is nearby and attracting ships.secondly before the current system of unitary,we practiced regional system and igbos didn't do any magic.

kernel001:
North and West doesn't want restructuring as far as they're enjoying power. Trust me.

The structure was destroyed by igbos to gain control and lost out.you are waiting for your turn and you will be worst than hausa fulani politicans.GEJ did not succeed because of all the advises he got from you people.Gej needed restructuring more than anybody,balyesa was the first place Nigeria discovered oil and they are less developed and cheated of their oil money.Despite being in power with igbo advisers,you lead him ,until he was deafeated at the polls.

kernel001:
North and West doesn't want restructuring as far as they're enjoying power. Trust me.

It is the east and north ,that is benefiting from the present structure not the west.it reversed development in the west land made many educated people destitute.

Onijagidijagan:
Why you people support Olu Falae....?

He would have restructured the country ,he was a civilian.

kernel001:
We've been the ones on the receiving end all the while.

Why is north searching for oil?what are they improving infastructures,why have they built a dry port?because they expect it.but you igbos are busy abusing other people working towards the future why your places are just that way.

kernel001:
We've been the ones on the receiving end all the while.

If the progressives get to power ,you will have a right to referedum and not beg for it.or live in a restructured Nigeria,we have ing been clamouring for a restructured country.this strategy can work fine if you understand it.

kernel001:
We've been the ones on the receiving end all the while.

You don't know about politics,yorubas have been in opposition all their lives before changing strategy.igbos always dinning with people in power and has never brought anything good to your region.

OfoIgbo:
One thing I can guarantee anyone that wishes to know is this..... in 2023 the president that will emerge will be from one of these regions, SS, SE or any of the northern zones. There will be no Yoruba presidency come 2023.


APC presenting a Yoruba candidate, will immediately result in PDP producing a northern candidate, who will be enthusiastically supported by SE and SS. No two ways about it.

SW can keep crying their usual IT IS TIME FOR A SOUTHERN PRESIDENT all they want, but Yorubas will learn first-hand the ruthlessness of SS and SE in 2023.

REVENGE IS A DISH BEST SERVED COLD, AND SHOVED INTO THE ENEMY'S ASS WITH A THORN-LADEN CACTUS STEM

Your mind is shallow ,getting the presidency will not help any region in the current arrangement of Nigeria.

[quote author=kernel001 post=77312946]I will rather vote a Northerner instead of West. [/quote
By now you should be tired of the system,and be sure be need to reorganize or go our separate ways.you can't be a slave forever.]

helinues:
Most Nigerians behaviours outside Nigeria is nothing to write about.

I only pity innocent ones.

Some people are not aware that kolanut or antibiotics can lead to death.a Nigerian hot the death penalty for weed .

PHILipu1:
Can only the north votes decide president?
Buhari tried it many times and he failed.
Buhari will hand over to a southerner,write it down

The north has two wives,and can Bleep any of the two to win,that is the shit and we need to restructure the country.

Obainoneandonly:
everyone knows dat its not compulsory and it's not written in d constitution....but what we had is a gentle man agreement dat power must rotate between the two regions.....if they don't stick with it,then they will create a precedent that no one knows d outcome

But you know it was so difficult for them to handover to Jonathan ,and that was it,their pysche is dominate .even yardau ,wife attempted to htake over from her husband .they are very tactical and they are at an advantage,if you have two wives ,you can decide which one to Bleep ,sw ,se,ss .the north wins .

tiredoflife:
How does the south south enjoy more
How many states does the south south have
How many does the north have
What's the total allocation to the south south to the total north
Stop the half truths

He his paid to write rubbish

jpphilips:
Only an IQ of a tse-tse fly will continue repeating what she can not prove. 50% my arse!!

And your IQ ?paid agent, it will come an end one-day.the slavery has been too much .one-day it will end.

jpphilips:
Please shut up you are sounding dumber than necessary, the regions enjoyed autonomy since the 50's, 1963 constitution did not need to give an already existing autonomy.

So you are now aware of the1963 constitution.no point in discussing with zoombie.

jpphilips:
Please shut up you are sounding dumber than necessary, the regions enjoyed autonomy since the 50's, 1963 constitution did not need to give an already existing autonomy.

You better shut up also

Owologbo:
most people are actually praying that the North should find oil. Maybe they will allow others to live in peace.

It will surprise you that they have not built capacity to explore ,refineries and ship it till now ,even though ,they have monopolized the work place .

jpphilips:
You cant even prove a simple point you presented in public yet you think you possess the ability to identify who is your problem? Madam, with your level of ignorance, I rather not discuss anything that has "Fiscal" in it, please discuss Mr Ibu, that is your specialty.

It either you are igbo or hausa ,this are the people against regionalism .

jpphilips:
Which section of the 1963 constitution since you read it? I dont know how educated you are but I can teach you how sensible people discuss.
If you doubt the existence of the federation account,, I will simply refer you to section 162 of the 1999 constitution, I ask again, which section of the 1963 constitution gave you 50% resource control in the regional government?

Ordinary a Google search will give you results

jpphilips:
Teenagers, let me know when you get the facts, some of you think that what you read on whatsapp probably written by terrorists are facts, look at the way you vomited ignorance with confidence but sweating to prove it.

Block head like you!

jpphilips:
You are still talking about a constitution you know nothing about, which country are you from? who knows, you may be typing from Latvia.

And you which country do you belong ?

jpphilips:
You cant even prove a simple point you presented in public yet you think you possess the ability to identify who is your problem? Madam, with your level of ignorance, I rather not discuss anything that has "Fiscal" in it, please discuss Mr Ibu, that is your specialty.

You are the ignorant person,before you come to discuss on issues of the nation zyou must know simple facts.1963. ! derivation was 50%.that is how you will all be coordinating Mecca and praying after stealing what does not belong to you .

jpphilips:
im too old to be taking your personal opinion seriously, show me the law the stipulated your 50% in 1963. constitution is not the law but sections there in.

You are part of the Nigerian problem.fiscal federalism is the answer to the Nigerian problems.you know about it but just trying to write .

jpphilips:
Which section of the 1963 constitution provided that sharing formula since you have read it? I have the E-copy so i can paste it for you free!!

The constitution granted the regions autonomy.

jpphilips:
Which section of the 1963 constitution provided that sharing formula since you have read it? I have the E-copy so i can paste it for you free!!

Revenue allocation system was strictly based on derivation.

jpphilips:
What I prefer is immaterial, what you said about regional government is beer parlor clap trap that has no bearing in a decent public domain

You don't read ,the 1963 constitution was strictly based on derivation.50% of all revenues derived from the resources found in the regional.

jpphilips:
which law in the regional system stipulates the nonsense in bold?

Between independence and the emergence of military rule, the revenue allocation formula was a whooping 50 per cent

[quote author=jpphilips post=77293581][color=

Fiscal federalism principle under which federating states (or regions under the 1963 constitution) owned, controlled and developed the natural resources which were located on their land.