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Oil funds: Clark tells N/West govs to generate own revenue

This is coming on the heels of the report that the Northwest region will oppose any change to the revenue allocation formula that could channel…

This is coming on the heels of the report that the Northwest region will oppose any change to the revenue allocation formula that could channel more funds to the Niger Delta.
In a lecture in Abuja on Wednesday, Clark said the call by the Northwest for a slash in the Niger Delta revenue was insulting and provocative.
He said a state like Lagos was already generating more than the monthly allocation it gets from the Federal Government.
“It is therefore insulting for some governors to sit down in their states to vent anger on the people of the Niger Delta Oil producing communities, with accusations that the communities are already receiving too much money from the Federal Government,” Clark said.
He lamented the ecological problems, environmental hazards including spillage due to the age of the pipelines, saying that there are almost 400 spills yearly in the Niger Delta.
He said that the Niger Delta was not greedy as there was enough for everyone to benefit from the oil adding that 99 per cent of those who lift oil and have oil blocks are from outside the Niger Delta, which according to him was unfair and inequitable.

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