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Niger Delta

Fiscal bill: Move to scrap 13% derivation will cripple Nigerian economy -Ozobo warns NASS



By Mary Temewei

Niger Delta foremost human rights activist and president, Ijaw People’s Development Initiative, IPDI, Comrade Ozobo Austin has warned the National Assembly to tread with caution over what he described as evil bill proposed to amend fiscal appropriation laws section 162 of the 1999 constitution (as amended).

The intellectual agitator said, removing 13 percent from the constitution would only lead Nigeria into anarchy and continuous attack on critical asserts of the federal government and oil multinationals.

Ozobo explained that the 13percent derivation was a royalty or sense of belonging given to the oil producing states and Communities, and that removing it would aggravate angry youths of the region to cripple Nigeria’s economy.

The activist said those bias, religious fanatics and sectional lawmakers proposing such inimical bill are the enemies of the country.

The Niger Delta leader reiterated that Nigeria would go up in flames if such a evil characterised bill is passed, adding that well meaning lawmakers in the green and red chambers should be properly guided.

The opinion leader, averred that Niger Delta oil producing Communities would declare a total showdown with Nigerian government and its lawmakers for insulting the region with such a high level of insensitivity.