Niger Delta
Revenue Allocation: Ayade Alleges Injustice To C’River
The Cross River State Governor, Prof. Ben Ayade, has decried what he described as injustice meted out to the state by the Federal Government as regards to revenue allocation over the years.
Ayade lamented the unfair treatment recently when he received the Chairman of Revenue Mobilization, Allocation and Fiscal Commission, Alhaji Aliyu Ahmed, who led members of the commission on a courtesy call on the governor in Calabar.
According to him, following deliberate decisions taken by the Federal Government and her agencies over the years, the people of the State “feel like captives in a place they call their own.”
Ayade said the loss of 76 oil wells by the state was a direct consequence of the ceding of Bakassi by the Federal Government and that rather than find a permanent solution to the fiscal challenges that arose from that action, the Federal Government has inflicted incalculable pain on the people.
Governor Ayade lamented: “You took our land, took our oil wells, took us out of 13 per cent derivation fund and reduced us to a weeping child in the Niger Delta Development Commission (NDDC). The pain is incalculable. We are a captured people by the Federal Government. We have no say because it does not matter. We practice “ethnography” and so it does not matter how the people of Bakassi and Cross River as a whole are in pains.
“Today we have NDDC, whose projects are based on percentage of oil production. So, look at what we have lost from the perspective of NDDC which keeps us as a crying child who is just in NDDC by geography and not by production, as the sharing formula here is by quantum of oil production coupled with the fact that today also we no longer benefit from the 13 per cent derivation,” he added.
“If not for President Buhari, I am sure that even the superhighway and Bakassi Deep Seaport (being developed by the state) would have been killed by now. But how can a people feel like captives in a place they call their own?” he queried.
According to him the Federal Government created a permanent injury and sought a temporary solution. So, there is a permanent loss of oil well and temporary allocation of revenue, how does that work?”
Wondering what indices are used by the federal government in deciding allocations for the state, he said, “if I have to link two villages in Cross River State, the minimum kilometers you are going to do is 5 to 6kilometers because the state’s landmass is 21,000 sqkm while you are dealing with sister states in the Niger Delta with 3,000 sqkm. You need to put six states together to give you our land mass”.
“I do not know how you calculated and factored the revenue that comes to Cross River State without considering the land mass. If land mass was a factor, land mass alone would have given us more allocation than any other state in the South-South. “If oil was the issue, then you should also know that you have not given a dime for frontier exploration of our gas and hydrocarbon deposits,” he said.
He therefore, charged the commission to use the opportunity of their visit, which is a fact-finding one, to write a report that will right the wrongs done to the state over the years.
Friday Nwagbara, Calabar
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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