He said over N10 trillion accrued to the Niger Delta region through 13% derivation in 18 years, but that regrettably, infrastructure was still waiting for attention in the region. Hon. Farah Dagogo, a member representing Degema/Bonny Federal Constituency in the House of Representatives, has lamented that Niger Delta governors see the 13 percent derivation oil money as free cash, Daily Post reports. In an interview with journalists in Abuja, he said the story of oil producing communities in Niger Delta region is a sad one, given that the 13 percent derivation which is the fund set aside to assist oil-producing communities tackle infrastructural decay and degradation, is diverted. He said over N10 trillion accrued to the Niger Delta region through 13% derivation in 18 years, but that regrettably, infrastructure was still waiting for attention in the region. “What it means basically is that in sharing the federation account revenue, 13 percent should be set aside to assist th...
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