Obasanjo, Diri renew Niger Delta's agitation for bigger oil revenue
Nigeria, Oct. 13 -- Former President Olusegun Obasanjo and Bayelsa State Governor Douye Diri have renewed calls to review Nigeria's 13 per cent derivation allocation to oil-producing states, arguing that the current arrangement has not delivered a fair share of the country's petroleum wealth to the Niger Delta.
Mr Obasanjo, who described the 13 per cent allocation as a starting point rather than a final settlement, said oil-producing states and communities had not received a fair deal from the exploitation of resources in their territories.
"You are right that the states and oil-producing communities have not got a fair deal so far. Thirteen per cent is the beginning. You can continue to talk," the former president said.
According to T...
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