A total of N44tn accrued to states in the Niger Delta region through the 13 per cent derivation fund in the last 18 years, the Host Communities of Nigeria has said.
HOSTCON, an organisation for oil and gas producing communities, lamented that the N44tn that was paid to states in the oil-rich region had not impacted positively on the lives of citizens in the affected communities.
He argued that this was partly responsible for the poor usage of the funds, stressing that the N44tn had not resulted in commensurate infrastructural development in the region. He said, “Despite the receipt of over N44tn from the 13 per cent derivation principle between 2000 and 2018 by Niger Delta states, the deplorable living conditions in oil-producing communities remain nauseating, raising questions about the application of such large sum by state governments.
He added, “We, HOSCON, therefore, wish to refer to our repeated advocacy, agitations and demands through press conferences, media engagements and our recent visit to President Muhammadu Buhari and plead with Mr President to stop the unconstitutional payment of 13 per cent oil derivation fund through state governors.”
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