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Niger Delta will be better if allowed to use its resources for development

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Niger Delta

Bayelsa State Governor, Douye Diri, at the weekend called for a review of the country’s revenue derivation formula in line with the practice of fiscal federalism.

Diri , who queried the existing practice where resource-endowed states in Nigeria, particularly in the Niger Delta , get a paltry 13 per cent as derivation for their resources, maintained that the country’s lopsided federalism practice had hindered the development of states. He spoke on Saturday in Houston, Texas, when Ijaws in the United States of America and Canada conferred on him the award of 'Icon of Unity and Social Justice', organized by the Ijaw National Congress, INC-Americas.

” Diri insisted that it was wrong to describe Bayelsa as insolvent and unable to exist without monthly federal allocation while its resources were being expropriated to Abuja and shared to other states in the country. “You cannot take away the resources in my state and the internally generated revenue that would have accrued to us and expropriate it in the name of Federation Account Allocation Committee .

Niger Delta

 

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