Remove control of derivation funds from governors — Aginigan

// News | General | Remove control of derivation funds from governors — Aginigan
Email to a friend Plain text Print version // Font size: Decrease font Enlarge font
Managing Director, NDDC, Dr. Christian Oboh

Managing Director, NDDC, Dr. Christian Oboh
| credits:

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.

Tagged : No tags for this article

Headlines Newsview all

Ghanaian Diva, Yvonne Nelson Allegedly Dreamt About Plane Crash

Top Ghanaian actress Yvonne Nelson, might as well pass for a new generation prophet. The talented actress cum producer said she received a very disturbing ... Full story

Ghanaian Women Used As S3x Slaves In Kuwait

Reports indicate that over twenty Ghanaians in Kuwait have been detained and thereafter abandoned at a detention centre. A Ghanaian woman among the 20 stranded people ... Full story

Ghanaian Pastor, Duncan Williams Prays For Nigeria Video

Founder of Action Chapel International, Archbishop Nicholas Duncan Williams is calling on believers to pray for Nigeria as it goes to the polls on Saturday. Referencing ... Full story

Nigerian military destroys Boko Haram headquarters in Gwoza

Nigerian military says it has destroyed the jihadi's headquarters in Gwoza   North-east Nigerian city is a Boko Haram stronghold and de facto capital It is also where the ... Full story

Germanwings Crash, Co-pilot Andreas Lubitz Hid illness

Alps crash co-pilot Andreas Lubitz hid the details of an existing illness from his employers, German prosecutors say. They said they had found torn-up sick notes ... Full story

May D Allegedlly Assaults His Baby Mama

One of the top secrets of Nigerian artiste, May D who was once with P-square musical duo has been leaked. This is coming from his baby ... Full story

I Was Almost Killed By A Man I Met On BBM After He Drugged Me (TRUE STORY)

The role of the social media in building relationships and businesses cannot be overemphasised. But the negative aspects seem to be growing with mixed reactions ... Full story

INEC's Voter Education (VIDEO)

VOTING: • Voting will take place on a date to be determined by the INEC. [THAT IS: MARCH 28 FOR NATIONAL ELECTIONS (PRESIDENTIAL, NATIONAL LEGISLATURE); APRIL ... Full story

Nigerian Female Celebrities Who Are Still Virgins

These Nigerian celebrities are virgins and they are proud of their virgin status and they don’t hesitate to tell anybody who cares that they are ... Full story

11 Of The Most Evil Women In History

Traditionally, women have been perceived as “the fairer sex.” Remember that old saying that girls are “made of sugar and spice and everything nice?” Well, ... Full story

Ghanaian Musician Wiyaala To Perform At Queen Elizabeth’s Birthday

Growing with prominence and gradually taking the right spot where she belongs, Ghanaian musician Noella Wiyaala has been confirmed to perform for the Queen of ... Full story

Comment on: Remove control of derivation funds from governors — Aginigan

Rate this article

0

Featured author

chuky01

Breaking News

Nigerian Stars Celebrate Banky W As He Turns 34

Today, March 27, Olubankole Wellington popularly known as Banky W clocked 34. Mr. Wellington who is unarguably one of the finest R&B vocalists and EME boss, ... Full story

Di'Ja Is A Snub?

When a 'star' is risen to prominence, the fans of the star expect to have a form of humility with them in return for their ...

My Wedding Suit is Ready... Denrele Edun

Sometime in the month of February, controversial TV personality, Denrele Edun, had granted an interview to a national daily about his love life noting that ...

Don Jazzy Expose Operation Of Fradusters

Supreme Mavin Dynasty (SMD), Boss, Don Jazzy whose real name is Michael Collins, might just be blessing a person who might become another staff of ...

How Men Should Beat Their Wives- Charly Boy

Music veteran Charles 'Charly Boy' Oputa is always known for his controversial articles. The grandfather who still wants to be very relevant in the entertainment ...

Slain Silverbird Television Big Girl Laid To Rest In Lagos

Finally, the body of Aishat Noble-Mustapha, the female Silverbird staff that was gruesomely killed by unidentified assailant has finally been laid to rest yesterday in ...

Comedian A.Y Live And Maltina To Thrill Lagosians With A.Y Live Easter Edition Tagged: Complete Happiness.

Nigeria’s number one non-alcoholic malt and official sponsor of the renowned comedy show, A.Y Live, Maltina, has announced the kick off of the 2015 edition ...

Pregnant Singer, Omawumi Plans Traditional Wedding In April

Heavily pregnant, vivacious singer Omawumi Megbele is on her way to completing the last phase of her marital rites. The talented singer whose about to have ...

Emem Isong Now Reports Herself To Her Husband

Emem Isong is a Nollywood producer that has her works speak of the tedious and dedication put into creating classic movies and she is one ...

Fans Blast Yul Edochie for Campaigning for Former Aviation Minister, Stella Oduah

All is not that rosy with Nollywood actor, Yul Edochie, as he recently caused an arguement for endorsing former aviation minister, Stella Oduah, to win ...