Managing Director, NDDC, Dr. Christian Oboh
A former Executive Director of the Niger Delta Development Commission, Pastor Power Aginigan, has advised the National Assembly to remove the control of the 13 per cent derivation funds from the governors in the Niger Delta region.
Aginighan explained that this was necessary in order to enable oil producing communities in the region to enjoy from the proceeds of the natural resources in their area.
The ex-NDDC executive director gave this advice on Saturday while making his presentation at the public hearing on the amendment of the 1999 Constitution.
Aginighan observed that most governors of the oil producing states had failed to recognise the oil producing communities in their disbursement of the 13 per cent derivation funds.
He said, a large part of the funds was used by some of the governors to develop areas that did not produce crude oil.
He explained that most of the areas enjoying from the derivation funds were not experiencing any form of environmental degradation.
Aginighan noted that the development was already causing agitation in the affected communities as indigenes had begun to cry foul.
“The oil mineral and gas bearing communities have been at the mercy of powerful State Governors, most of whom utilize the larger portion of derivation funds for areas that do not suffer environmental devastation arising from oil exploration and exploitation activities.
“The danger in the present arrangement is that oil mineral bearing communities are alienated from the benefits of the wealth that accrues from their land.
“This in turn keeps the national economy in potential danger as the aggrieved host communities can vent their frustration on the oil producing companies and facilities.
He urged the National Assembly to amend the 1999 Constitution to encourage the payment of 13 per cent derivation funds into a trust fund that would be managed by a board.
Aginighan suggested that members of such board should be drawn from the oil producing communities, adding that appointment to the board should be done by the country’s President.
The former NDDC director also suggested that the Electoral Act should be amended in order to strengthen the country’s democratic system.
Headlines Newsview all
The Federal Government failed today to produce former National Security Adviser, Colonel Sambo Dasuki before a Federal Capital Territory High Court in Abuja for trial ...
President Muhammadu Buhari is warming up to receive a reworked copy of the 2016 budget any time this week from the National Assembly following the ... Full story
Rate this article
- Billboard In India Mistakes Morgan Freeman For Nelson Mandela
- 7 And 10-Year-Old Michigan Boys Honored For Turning In A $100 Bill They Found In The Park
- Shaunie O’Neal Refutes Shaq’s Claim That He Didn’t Want Kids In Reality Show
When host, and veteran broadcaster; Olisa Adibua heralded Asa’s arrival on stage, the crowd rose and ushered in the international superstar with resounding applause that ...
Real Madrid forward Cristiano Ronaldo has been given the greenlight for the second leg of the Champions League semi-final against Manchester City, coach Zinedine Zidane ...
Leicester's wait for a first top-flight title came to an end on Monday night as Tottenham drew 2-2 with Chelsea. The news was greeted with jubilation ...
It is easier for two camels to pass through the eye of a needle at the same time than for celebrity marriages to pass the ...
Today marks Genevieve’s 37th birthday. But many will confess that the adorable actress looks very sixteen. She has got the enigmatic age cheating potion she ...
One man’s poison is another man’s meal, so they say. While many young dudes will prefer to date ladies they are very much older than, ...
Davido who is one of Nigeria's biggest pop stars at the moment took to his Instagram page to talk about his elder sister Coco.He revealed ...
Injured Manchester United midfielder Bastian Schweinsteiger was in the Spanish capital to watch girlfriend Ana Ivanovic start off on a winning note in the Madrid ...
News getting to us from an insider with Pepsi confirms dropping of the Nigerian music star and Mavins first lady Tiwa Savage later this week ... Full story
Finally, the seemingly impossible feat has just happened, the fairy tale story is completed. Leicester City have just won the the 2015/2016 English Premier League ...