National Confab: 5% Derivation Fund To Boko Haram Ravaged States Invitation To War – Ijaw Youths – Welcome to Olajide.TV

National Confab: 5% Derivation Fund To Boko Haram Ravaged States Invitation To War – Ijaw Youths

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IYC

Ijaw youths worldwide under the aegis of
the Ijaw Youths Council (IYC) yesterday
kicked against the proposed 18 per cent
derivation principle to oil-producing states
and five per cent to northern states
affected by Boko Haram insurgency, saying
the proposal by the consensus building
group of the national conference “is an
open invitation to war”.
According to the IYC, the proposal to
increase the derivation by a paltry 5% to
bring it to 18% while also proposing a 5%
development fund to areas in the North
ravaged by the Boko Haram insurgency “is
provocative, disgusting and an invitation to
war”.
The IYC, in a statement yesterday by its
spokesman, Eric Omare, said the proposal
was “an insult to the Niger-Delta people”.
The IYC wrote: “For the conference group to
recommend only 5% increase to the
derivation percentage from resources
produced in the Niger Delta region on the
condition that 5% of the nation’s revenue
would be allocated to ‘fund’ and
‘encourage’ Boko Haram activities.”
“If we may ask, where would the Boko
Haram 5% revenue come from? Is it from
the oil and gas revenue of the Niger-Delta
region and taxes mainly collected from
southern parts of Nigeria or 5% of revenue
generated from the Boko Haram sponsored
states?
“It has become obvious that Ijaw and Niger-
Delta delegates to the national confab have
run out of steam to resist the arrogance of
their northern counterparts and the IYC
calls on them to return home honourably.
“They have failed to achieve anything for
the Niger-Delta and have further
endangered the people of the region. To
increase derivation by 5% and allocate 5%
to fund Boko Haram to kill more innocent
children, women and Nigerians is the worst
decision that any person on earth would be
party to.
“The Niger-Delta delegates had a mandate
to demand for 100% derivation and if there
must be any concession, concede to nothing
less than 50% derivation and if this is not
accepted by other parts of Nigeria, then
return home with honour and not to sell
their birth right to northerners”, the Ijaw
youths stated.

_Information Nigeria

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