SweetCrude Weekly Edition

13% oil derivation for N/Delta not enough, says lawmaker

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Port Harcourt -- The minority leader, House of Representa­tives, Mr. Ndudi Elumelu, has described as injustice the 13 percent oil derivative fund allocated to oil and gas producing states.

Also, the lawmaker has assured on the speedy passage of the Nigerian Maritime University Bill into law.

Elumelu disclosed these during the swearing-in ceremony of the newlyelect­ed executive members of Okerenkoko Federated Community in Gbaramatu Kingdom, Delta State.

He explained that the ongoing constituti­onal review seeks to correct the skewed derivation formula and commended the people of Delta State for participat­ing in the public hearing on constituti­onal review.

"For me and my colleagues at the House of Representa­tives, we are totally against the marginalis­ation of host communitie­s. We are saying that 13 percent is not enough for states that are suffering the brunt of crude oil and gas exploitati­on and production.

"We deserved more than 13 percent and that is what the constituti­onal review is trying to address.

"The House has set up a committee on host communitie­s, to understand the yearnings and aspiration­s of host communitie­s , particular­ly oil and gas host communitie­s," he said.

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