HOPES of delegates resuming August 4 to consider and approve the final report of the National Conference for presentation to the Federal Government have been shattered.
The zonal leaders recommended an increase from the current 13 per cent to 18 per cent for oil producing states.
The Confab also set timeline for the president to submit budget to the National Assembly.
For the avoidance of doubt, the battle around so-called fuel subsidy, reignited by the recommendation of the committee on public finance of the National Conference 2014, is in reality a battle over several
The Conference approved the enactment of Ill-Gotten Gains Act to check corruption
Mr. Clark accused top military brass of illegal oil bunkering.
“We sit on top of water in the Niger Delta, yet we do not have water to drink.”
The communities complain about management of over N8 trillion generated as derivation funds since 1999.