BREAKING: Protests in Confab over Nigeria’s revenue derivation formula

The zonal leaders recommended an increase from the current 13 per cent to 18 per cent for oil producing states.

Some delegates at the National Conference on Wednesday afternoon protested a recommendation by zonal leaders on the derivation formula.

The zonal leaders recommended an increase from the current 13 per cent to 18 per cent for oil producing states, 5 per cent revenue allocation for solid minerals development, and another 5 per cent for the North East which is ravaged by the Boko Haram insurgency.

The zonal leaders’ committee joined by representatives of the women society, civil society, labour, and youth presented its report on the floor of the Confab on Wednesday.

The Conference adjourned before its normal closing time to enable it debate the report on Thursday.

The South-South, South East, and South West delegates rejected the recommendations and vowed to vote against it on Thursday.

::::::::::::::::CLICK HERE FOR AN UPDATED VERSION:::::::::::::::::::

Related posts

  • Zubairu Usman

    The name of the game is NUMBER 13-18%, for oil?, what is the percentage proposed for Northern ground nut and cotton that gave birth to crude oil?

    • tolu

      you need to read history my friend. read google or wikipedia about nigeria resources and which region was feeding the northern part since 1914.no insult, just read it

    • vTrigger

      Usman, you must have been seriously brainwashed right from birth. Do you know that long before the discovery of crude oil, there was abundant of Palm produce, from oil, piassava which was used to produce, shoes, carpet, threats, etc, palm kernels, columbite, coco, Timber, precious stones and metals, as well as, dozens of other heavy duty and multi-purpose products from the South? Are you really serious about the semi arid desert land of the North feeding the Nigerian tropical rain forest or building the oil industry??? In 1974-1977 Oil money from the South was used in paying bonus, extra yearly salaries, talk-less of “Festac 1977” that wasted the oil money in a reckless and the worst manners that the Northern led military juntas could afford. Better read well and know your history before you talk here.

    • Guest

      Usman, you must have been seriously brainwashed right from birth. Do you know that long before the discovery of crude oil, there was abundant of Palm produce, from oil, piassava which was used to produce, shoes, carpet, threats, etc, palm kernels, columbite, coco, Fisheries, Animal husbandry, Rubber, Timber, precious stones and metals, as well as, dozens of other heavy duty and multi-purpose products from the South? Are you really serious about the semi arid desert land of the North feeding the Nigerian tropical rain forest or building the oil industry??? In 1974-1977 Oil money from the South was used in paying bonus, extra yearly salaries, talk-less of “Festac 1977” that wasted the oil money in a reckless and the worst manners that the Northern led military juntas could afford. Better read well and know your history before you talk here.

    • vTrigger

      Usman, you must have been seriously brainwashed right from birth. Do you know that long before the discovery of crude oil, there was abundant of Palm produce, from oil, piassava which was used to produce, shoes, carpet, threats, etc, palm kernels, columbite, coco, Fisheries, Animal husbandry, Rubber, Timber, precious stones and metals, as well as, dozens of other heavy duty and multi-purpose products from the South? Are you really serious about the semi arid desert land of the North feeding the Nigerian tropical rain forest or building the oil industry??? In 1974-1977 Oil money from the South was used in paying bonus, extra yearly salaries to all civil servants in Nigeria, including Northerners and the military, talk-less of “Festac 1977” that wasted the oil money in a reckless and the worst manners that the Northern led military juntas could afford. Better read well and know your history before you talk here.

      • ayoyo

        Remember, it was the bones of their ancestors in the north that produced the oil. omg

  • Samuel Owolabi

    greeting to you all,

    Are you a Girl or a man seeking or interested in a sugar mummy/daddy,Are you good on bed? Do you really need a rich sweet sugar daddy or sugar mummy that can change your life completely with money and influence, so get the opportunity to meet sugar mummies from all works of life,politician,bankers,oil ladies,directors,gold ladies,cash money ladies,doctors,london based ladies,ladies and daddies willing to pay as much as 70-100k,and the best exclusive VIP arrangement anywhere in nigeria,LAGOS,ABUJA,CALABAR,DELTA,ANAMBRA,PORTHARCOURT,,RIVE RS,KOGI,KADUNA,JOS,ABIA IBADAN,ONDO,BENIN,we have some rich sugar daddies who are urgently in need of a sweet sexy girls and some rich mummies who are looking for young guys to spend their money on, SO HURRY UP NOW AND GET A CHANCE TO MEET SUGAR MUMMIES AND DADDIES OF YOUR DREAM.Get back to us via our email : sugarmummy_agent@yahoo.com or reach us via our mobile line 07035657936 We await your response

    • Tina Royal

      Na ur mother i want

  • AndrejDW

    наше командование не заслужило таких солдат они отважные и патриотичные не то что генералы! Держитесь парни!

Top
Submit your National Conference Press Releases, Opinions, Memos, Positions and get published for Free! Submit
Hello. Add your message here.