Monday, 19 March 2012

Clueless leadership: Jonathan approves 13% derivation for the North

                                            

At last the federal government has decided to dance to the tune of the powers that be in the North, yes the powers that be because it is now very obvious that the present leadership of my dear country is clueless of what it even stands for. Now please do not get me wrong, I am not against any region or tribe but against the fact that my leaders insult we the youths of this country. Yes they insult us, when they came up with negotiating with Boko Haram secretly, but now they have even decided to share the national cake the way they have always wanted. I write this based on the report coming from Vanguard Newspaper, I am a youth
 this nation and I feel these leaders are insulting my intelligence. I will qoute the report from Vanguard Newspaper on this report:

As violence continues to rock parts of the North, the Federal Government may have opted to appease some northern states with the payment of 13 per cent derivation on solid minerals with immediate effect.
A competent source told Vanguard that government was worried about rising insecurity in the northern part of the country with vociferous leaders of the north blaming the situation on poverty and inequality arising from alleged lopsided revenue allocation against them.
The source said President Goodluck Jonathan was considering various measures, which include the immediate payment of the 13 per cent derivation to solid mineral-bearing states, a preserve hitherto enjoyed by the nine oil producing states of  Akwa Ibom, Bayelsa, Cross River, Edo, Rivers, Delta, Imo, Abia and  Ondo since the inception of democratic rule in 1999.
It was learnt that government’s decision to pay the money was an indirect way of stemming the growing discontent and violence in that part of the country.
The Federal Government has been paying the derivation fund, which runs into trillions of Naira to only the nine oil-bearing states.

But Chairman, Revenue Mobilisation, Allocation and Fiscal Commission, RMFAC, Mr. Elias Mbam, claimed in an exclusive interview that the payment, which is to commence next month, has no political motive.
Mbam, an engineer, made it clear that the decision to extend the payment to solid mineral states was in obedience to the relevant section of the Nigerian constitution.
The chairman said: “The payment is a constitutional matter, which states that derivation should not be less than 13 per cent and derivation is not limited to oil and gas. This also includes all other mineral resources.
“If you have minerals in your state and it is developed and it generates revenue into the federation account, you are entitled to 13 per cent of what is paid into the federation account.”
The chairman, who did not, however, list the benefitting states and how much would be shared to them, said the commission would also not be drawn into agitation by some states for a review of the revenue allocation formula to give them more money.

Does it mean that these old men think we the youths of this nation are foolish? we all know that these governors will not do anything meanningful with these funds, we know that they will not use the funds to better the lives of Northern people. I am very sure these guys dont understand that we know that this is a means of ensuring Northern governors support the president in his bids at the upcoming PDP national convention. that is just the truth. One day one day, monkey go go market, e no go return.

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