Top Stories

NSA receives 22 rescued Zamfara varsity students, staff

Sylvester Oromoni: Coroner Says Death Was Natural But Avoidable, Indicts Parents, Doctors

Katsina Task Force Arrests 10 Over Alleged Fuel Smuggling To Bandits

Nigeria’s Inflation Rate Hits 33.20% 

Chad interim president Deby kicks off campaign for vote set to end junta rule

It took us about a month to come out of the forest after escape — Freed Chibok Girl recounts

Southern Governors’ demand for 5% derivation in order – A’Ibom Gov.

Southern Governors’ demand for 5% derivation in order – A’Ibom Gov.

By Admin

July 17, 2021

File photo: Delta State Governor, Senator Ifeanyi Okowa (3rd right), Governor of Bayelsa, Senator Douye Diri (right), Governor of Akwa-Ibom State, Emmanuel Udom (2nd right), Governor of River State, Nyesom Wike (3rd left), Governor of Edo State, Dr. Godwin Obaseki (2nd left) shortly after the South, South Governors Meeting in Asaba.

Gov. Udom Emmanuel of Akwa Ibom says the five per cent on oil derivation demanded by Governors in the south is not too much, “considering the devastating effects on members of our communities”.

The governor stated this while fielding questions from newsmen in Minna on Saturday.

“The current three per cent is too little, considering the risks and hazards members of oil producing areas are subjected to.

“The fishermen can no longer earn a living because of oil spillage while the farmers cannot farm. There are numerous other challenges confronting members of oil communities,” he said.

On the Petroleum Industry Bill (PIB), he said that members of the National Assembly had performed their duties and that the Southern Governors could not take away their functions, but pointed out that more resources were required to assist oil producing communities.

According to him, the affected Governors will study the PIB carefully and react to it.

The News Agency of Nigeria (NAN) reports that members of the Senate And House of Representatives recently passed the PIB with recommendations on funds for host communities generating much interest. (NAN)