Categories: News

Ijaw group warns against tampering with 13 percent derivation formula

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.”

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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

Trends Admin

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