83% of Nigeria Oil Blcoks Owned by Northerners – Senator Ita Enang - Gragrah News!
Headlines News :
Home » » 83% of Nigeria Oil Blcoks Owned by Northerners – Senator Ita Enang

83% of Nigeria Oil Blcoks Owned by Northerners – Senator Ita Enang

Written By Gragrah on Thursday, March 07, 2013 | 3/07/2013 08:43:00 am




Senate Committee Chairman on Business and Rules, Senator Ita Enang, on Wednesday, said that
83 per cent of oil blocks in the country are owned by Northerners.

“There should be equity and federal character in the allocation of oil blocks in this country. Eighty-three per cent of all present oil blocks are held by northerners,” Enang said on the floor of the Senate, without any of the senior lawmakers contradicting him.

Meanwhile many of the northern senators had, on Tuesday, kicked against the Bill, particularly Clauses 116-118 which made provision for 10 percent Host Community Fund.

They had also claimed that over N11 trillion derivation and other funds released since 1999 were mismanaged and unaccounted for by different governments from the oil- producing states.


Share this article :
Blog Widget by LinkWithin

MOST READ FOR THE WEEK

 
Support : Creating Website | Johny Template | Mas Template
Proudly powered by Blogger
Copyright © 2011. Gragrah News! - All Rights Reserved
Template Design by Creating Website Published by Mas Template