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Posted to the web recently The South-South zone, on Thursday, launched a fresh struggle for resource control. The South-South caucus of the National Assembly, which kick-started the fresh struggle, said the 13 per cent derivation currently being paid by the Federal Government to the oil producing states in Nigeria was a far cry from what the zone could be happy with.
Addressing the media in Abuja, the South-South caucus said
it would soon come up with the appropriate percentage of derivation to be
paid to the oil producing states by the Federal Government, disclosing that
it had started the process of consultation on the issue. He also listed the establishment of a railway network, creation of major development centers in most areas in the creeks and the establishment of Maritime Security Agency, as key developmental initiatives, the Federal Government must undertake without delay. |