…Demand reforms, establishment of management board
The need for transparency, accountability and development of oil-bearing communities in the administration of the 13 per cent derivation is fuelling calls for a reset in the management of the fund, as a group of Niger Deltans fingered corruption and maladministration of the fund as the bane of retarded socio-economic growth and development of the Niger Delta.
The group noted that while some States like Edo, Delta, Ondo, Imo and Abia had established Commissions entrusted with the management of the fund to drive development in oil- bearing communities, others, such as Bayelsa and Rivers, don’t have, which accounted for haphazard and unequal growth and development in the Niger Delta.
BusinessDay gathered that States like Rivers and Bayelsa outrightly rejected calls for the establishment of such Commissions, treating the derivation fund as State fund to be allocated for use wherever the States want.
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