By Jimitota Onoyume
The federal government has been urged to set up a board and a presidential monitoring committee with representatives of oil and gas communities and other key stakeholders to administer the 13 percent derivation fund.
His Royal Highness King Jerry Prebor (Snr.), Amananaowei of Meinbutus Federated communities, made the appeal in an open letter to President Bola Tinubu.
“Establish a 13% Derivation Fund Board through appropriate legislative and executive mechanisms.
Constitute a Presidential Monitoring Committee comprising representatives of host communities, traditional institutions, civil society organizations and relevant government agencies”, he said. ...
Politics
13%Derivation Fund:Ijaw monarch calls for board , presidential monitoring committee
Source: Vanguard News
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