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Governor Diri Raises Concern Over Resource Sharing Among States, Advocates For Fiscal Federalism
Governor Diri Raises Concern Over Resource Sharing Among States, Advocates For Fiscal FederalismBayelsa State Governor, Douye Diri, emphasized that the current federalism structure in Nigeria has hindered state development, advocating for a revision of the revenue sharing formula to align with fiscal federalism principles. Speaking at an event in Houston, Texas, where he was honored with the “Icon of Unity and Social Justice.....KINDLY READ THE FULL STORY HERE▶
award by Ijaws in the USA and Canada, Governor Diri highlighted the potential of the Niger Delta region for development if allowed to utilize its resources effectively. He criticized the allocation of only 13 percent of resource-rich states’ revenue, such as those in the Niger Delta, while emphasizing Bayelsa’s significant contribution to the federal allocation shared monthly in Abuja. Governor Diri called for a shift towards true federalism, where states can access 100 percent of their resource revenue, envisioning a prosperous Bayelsa akin to Houston if such a model were adopted. He expressed concern over the unequal sharing of revenue from mineral resources like gold and questioned the fairness of the current revenue allocation system, urging for reforms to ensure equitable distribution and development across states. State Governor, Douye Diri, emphasized that the current federalism structure in Nigeria has hindered state development, advocating for a revision of the revenue sharing formula to align with fiscal federalism principles. Speaking at an event in Houston, Texas, where he was honored with the “Icon of Unity and Social Justice” award by Ijaws in the USA and Canada, Governor Diri highlighted the potential of the Niger Delta region for development if allowed to utilize its resources effectively. He criticized the allocation of only 13 percent of resource-rich states’ revenue, such as those in the Niger Delta, while emphasizing Bayelsa’s significant contribution to the federal allocation shared monthly in Abuja. Governor Diri called for a shift towards true federalism, where states can access 100 percent of their resource revenue, envisioning a prosperous Bayelsa akin to Houston if such a model were adopted. He expressed concern over the unequal sharing of revenue from mineral resources like gold and questioned the fairness of the current revenue allocation system, urging for reforms to ensure equitable distribution and development across states.
Published by Caleb Alfred
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ADC Speaks On Not Fielding Candidates For 2027 Elections.
The African Democratic Congress (ADC) has rejected reports suggesting it may not present candidates in the 2027 general elections in Nigeria.....KINDLY READ THE FULL STORY HERE▶
In a statement issued on Saturday by the party’s National Publicity Secretary, Bolaji Abdullahi, the ADC described the claims as false, misleading, and intended to cause unnecessary confusion.
The party reaffirmed its commitment to its mission of unseating the All Progressives Congress (APC) through the ballot, stressing that it remains focused on delivering change.
Abdullahi assured that the ADC would field strong and qualified candidates in 2027, adding that the party is not distracted by rumours or political propaganda.
According to the statement, the ADC emphasized that it remains committed to rescuing Nigeria from what it described as the failures of the APC-led government and preventing the emergence of a one-party system.
The party also dismissed suggestions that it faces any legal barrier to participating in the elections, insisting it is fully compliant with the Constitution and the Electoral Act.
It further stated that preparations are already underway nationwide to mobilize Nigerians frustrated with insecurity, economic hardship, and lack of opportunities.
Reaffirming its position, the ADC described itself as a leading opposition force and urged supporters to ignore speculation about its electoral plans, stressing that its focus remains on building a winning structure for 2027
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Anyone Dumping ADC After Losing Ticket Is Compromised – Kenneth Okonkwo Warns.
A chieftain of the African Democratic Congress (ADC), Kenneth Okonkwo, has said that any aspirant who leaves the party after failing to secure its presidential ticket is indirectly working for President Bola Tinubu.....KINDLY READ THE FULL STORY HERE▶
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Portable Shifts From Ring To Family Joy As He Welcomes Son With Wife Bewaji After Boxing Defeat.
Nigerian singer Portable has announced the birth of a baby boy with his partner, Omobewaji Ewatomi, popularly known as Bewaji.....KINDLY READ THE FULL STORY HERE▶
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