Ijaw group warns against tampering with 13 percent derivation formula – Newstrends
Connect with us

News

Ijaw group warns against tampering with 13 percent derivation formula

Published

on

A Niger-Delta group, Ijaw People Assembly (IPA) has condemned the proposal by 59 members of the House of Representatives seeking an amendment of Section 162(2) of the 1999 Constitution.

It said the real motive was targeted at deleting the Principle of Derivation which stipulated 13% of the revenue accruing to the Federation Account from natural resources, describing the move “as an inglorious attempt and a misadventure.”

The group’s scribe, Dortimi Tawari, who spoke in a statement, yesterday, said the plan was an “invitation to chaos and eventual collapse of the Nigerian economy.”

Tawari warned the proposal was “another form of internal colonization, an attempt to strangulate and subjugate the Ijaw nation and other Niger-Delta nationalities.”

READ ALSO: https://newstrends.ng/2021/10/23/everything-is-the-opposite-yet-nigeria-not-a-complete-disaster-soyinka/

READ ALSO: https://newstrends.ng/2021/10/24/dont-die-for-politicians-makinde-warns-nigerians-at-wedding-of-fayoses-son/

READ ALSO: https://newstrends.ng/2021/10/24/release-nnamdi-kanu-before-november-4-or-ipob/

READ ALSO: https://newstrends.ng/2021/10/24/kanoll-support-tinubus-presidential-ambition-says-speaker/

Part of the statement read: “The Ijaw nation being a host nation to oil and gas resources and assets, the IPA views this proposal as another form of internal colonization, an attempt to strangulate and subjugate the Ijaw nation in particular and the other Niger Delta nationalities.

“Need it be mentioned that it is an invitation to chaos and eventual collapse of the Nigerian economy. The ljaw People Assembly vehemently oppose a system that will drag the ljaw Nation and the other nationalities in the Niger Delta into undeserved subjugation and retrogression.”

Tawari reiterated the call for a restructured Nigeria that “guarantees resource ownership, control, management and freedom to appropriate a declared percentage of derived revenue to the central government or an arrangement of sovereign nations as the extreme option.”

He said a restructured Nigeria “will promote a productive economy and end the current monthly sharing (rentier) economy under some spurious formular which has encouraged laziness and unviability of states from which the said 59 members all hail from.”

The Nation

News

Libya nabs three Nigerians over drug trafficking

Published

on

Libya nabs three Nigerians over drug trafficking

The Samnu Police Department in southern Libya detained three Nigerians for drug trafficking.

According to a statement issued by Migrant Rescue Watch on X (previously Twitter) on Sunday, the suspects were apprehended carrying a quantity of hashish that officials believe was meant for sale.

The arrests were made during a targeted operation in the town of Samnu, Murzuq region, which is known for smuggling and human trafficking due to its proximity to Libya’s southern borders.

READ ALSO:

This operation is part of a larger security effort to combat drug-related crimes and cross-border trafficking of migrants.

The suspects’ identities have not yet been made public. Authorities acknowledged that the case had been turned over to the public prosecutor for further investigation and judicial action.

The statement said. “Samnu Police Dept. arrested 3 #migrants of Nigerian nationality on charges of drug trafficking. The trio were found in possession of a quantity of hashish earmarked for sale. The case was referred to public prosecution.”

 

Libya nabs three Nigerians over drug trafficking

Continue Reading

News

NIS expands contactless passport renewal to United States, others

Published

on

NIS expands contactless passport renewal to United States, others

The Nigeria Immigration Service (NIS) has announced the expansion of its Contactless Biometric Passport Application System to several countries in the Americas.

In a recent statement by ACI AS Akinlabi, Service Public Relations Officer at NIS Headquarters in Abuja, confirmed that the service under Comptroller General Kemi Nandap is rolling out the next stage of implementation across Brazil, the United States, Mexico, and Jamaica this month.

The contactless system, which enables Nigerians living abroad to renew their travel document without physically visiting passport offices for biometric enrollment, went live in the United States on April 11. Mexico, Brazil and Jamaica are scheduled to gain access on April 14.

READ ALSO:

“This expansion represents our commitment to innovative and efficient service delivery to Nigerians anywhere in the world,” said ACI AS Akinlabi, Service Public Relations Officer at NIS Headquarters in Abuja.

The application system is currently available on the Google Play Store as “NIS Mobile” and allows passport renewal without in-person biometric enrollment. An iOS version for Apple devices is under development and will be released soon, alongside an enhanced version of the Android app to improve user experience and accessibility.

The NIS further confirmed that the Contactless Passport App is now operational in Canada, the USA, Mexico, Jamaica, Brazil, Europe, and Asia. Australia and Nigeria itself remain pending, with implementation dates to be announced in the future.

 

NIS expands contactless passport renewal to United States, others

Continue Reading

News

Tariff: NACCIMA warns against economic instability, job losses

Published

on

President of NACCIMA, Dele Oye

Tariff: NACCIMA warns against economic instability, job losses

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has expressed fear that unless the Federal Government takes deliberate steps to increase Nigeria’s non-export earnings, the current global tariff war may lead to job losses, low foreign exchange inflow, and economic instability.

This was the position of the President of NACCIMA, Dele Oye, as the chairman at the Vanguard Economic Discourse 2025 with the theme, “Nigeria’s Economic Outlook 2025: Hardship and Pathways to Sustainable Recovery”, held last week in Lagos.

Among other things, Oye who is also the Chairman of the Organised Private Sector of Nigeria (OPSN), emphasized the need for a viable and affordable homegrown democracy.

His words: “In this pivotal moment, we must recognize and confront the significant challenges before us—challenges that have been magnified by the advent of America’s “America First” policy.

READ ALSO:

“This paradigm shift in global trade, driven by protectionism and tariffs, presents a unique and formidable array of obstacles for developing nations such as ours.

“The world we once knew, one characterized by cooperative, rules-based trading systems under the World Trade Organization, has given way to an environment fraught with uncertainty. This transformation not only disrupts global markets and supply chains but poses an acute threat to our competitive standing in international trade.

“The recent implementation of a 14% tariff on Nigerian exports to the United States directly jeopardizes what has historically been a critical market for our key goods, including crude oil, liquefied natural gas, and agricultural products. “The ripple effects of reduced demand could precipitate job losses, economic instability, and a decline in vital foreign exchange inflows, particularly for our non-oil sectors”.

“Indeed, the ramifications of current U.S. policies go beyond tariffs. We are witnessing a significant decrease in funding for initiatives that empower Africa’s burgeoning start-ups. The $51 million cut from the United States Development Fund, which affects countries like Nigeria and Kenya, exemplifies the broader challenges we face. The grants previously allotted to our SMEs are critical for nurturing innovation and entrepreneurship within our local economies”.

In the face of these challenges, Oye said Nigeria must act decisively and strategically to reshape its economic destiny where adversity can give rise to opportunity.

Tariff: NACCIMA warns against economic instability, job losses

Continue Reading

Trending