13 per cent derivation formula for oil-producing states too meager

IYC News

13 per cent derivation formula for oil-producing states too meager
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The Ijaw Youth Council, IYC, Worldwide has said that it was wrong to give a meager 13 percent to oil-producing states in the region. Against this background, the council called for true federalism to address the anomalies and mistreatment of the people of the Niger Delta region.

The President of the Council, Theophilous Alaye, stated this during the 26th anniversary of the Kaiama Declaration while addressing the Rivers State Governor, Siminalayi Fubara, at Government House, Port Harcourt, Rivers State. He expressed disappointment and dissatisfaction with the federal government for failing to meet the needs and aspirations of the people of the Niger Delta.

We call for true federalism in order to address the anomalies and mistreatment of the people of the Niger Delta region.” The IYC president, therefore, appealed to Fubara to convey the message of Ijaw youths to President Bola Tinubu, saying Ijaw people have contributed immensely to the growth, development, and survival of Nigeria.

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