Niger Delta communities demand 10% share from federation account

Niger Delta communities, under the aegis of host communities of Nigerian producing oil and gas, have called on the federal government to set aside 10 percent of the federation account for their development.

They want oil companies operating in the region to concede 10 percent equity participation share to host communities.

The chairman of the body, Style Benjamin  stated this weekend at Warri, Delta State, during the inauguration of its executive body.

He said: “Host communities should be directly involved in the management of their resources to give them sense of  belonging. Oil is regarded as national asset as a result of the land use act. Therefore, incomes derived from it are shared by all tiers of government.

The same cannot be said of gas flare fines. The 1985 Associated Gas re injection act which introduced payment of fines should be amended by this act so that gas flare  fines are paid directly to the host communities as injuries and damages.”

The Citizen

Recent Posts

2019: Smear campaign won’t stop Ekweremadu, Igbo leaders – Bibian Anekwe

Enugu-based female political activist , Mrs. Bibian Anekwe, has described as smear campaign, media reports that the Deputy Senate President…

9 hours ago

2019: INEC releasing unclaimed PVCs to APC governors – Atiku

Ex-vice President, Atiku Abubakar, on Tuesday accused the Independent National Electoral Commission of releasing uncollected permanent voter cards (PVCs) to…

18 hours ago

Onnoghen, EFCC deny raid on CJN’s house

The Chief Justice of Nigeria, CJN, Justice Walter Onnoghen, has debunked reports that his residence was on Tuesday, invaded by…

18 hours ago

Pres. Buhari unveils new Police IG

President Muhammadu Buhari has unveiled the successor to Ibrahim Kpotun Idris as Inspector General of Police(IGP). He is AIG Mohammed…

18 hours ago

Lagos Police Commissioner refuses to hand over to replacement

Redeployed Lagos State Commissioner of Police, Edgal Imohimi on Tuesday refused to handover to Mr. Kayode Egbetokun, insisting that he was…

18 hours ago

Politics: Gov. Ahmed bans street rallies in Kwara

Following the recent political violence that erupted in Ilorin, the Kwara State capital, the state Governor, Alhaji Abdulfatah Ahmed, yesterday…

18 hours ago