13% derivation fund: Why we must review sharing formula in N-Delta —Ikponmwen

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By Simon Ebegbulem

BENIN—AHEAD of the expected visit of acting President Yemi Osinbajo to Edo State, today, in continuation of his meetings with Niger Delta stakeholders, former Provost Marshal of the Nigerian Army, Brig-Gen. Idada Ikpomnwen, has described as unfair and unjust,  the way the 13 per cent derivation fund accruing to the region is being shared, and called for a review.

Idada, who also announced his resignation as a member of Pan-Niger Delta Elders Forum, PANDEF, citing what he described as the alleged failure by the National Chairman of the body, to “allow genuine leaders grow in the Niger Delta,” said that the hatred being witnessed in the region was as a result of way the 13 per cent derivation fund is shared.

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He said: “The sharing of the 13 per cent derivation fund that comes to the states which is based on the local governments that produce oil, is basically wrong. It is unjust, it does not work for brotherhood, it does not create friendship, it does not make people feel as one. If they are to say ‘okay’ those that produce oil let them get more than those that do not produce at all, it is better than what they are doing now.

“If you are not an oil producing community, you get nothing, if you are oil producing, you get so much. It is wrong in the sense that oil is not a spot commodity. The oil you dig out for one place is the collection of oil from a vast area where you pull them out. Some of the oil that is got in Delta emanates from Edo State. Government after government in Edo State has said so.”

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