PANDEF demands 50% oil derivation, tasks NASS on onshore/offshore dichotomy

…calls for swift completion of Lagos-Calabar coastal highway
 
The Pan Niger Delta Forum (PANDEF) has demanded an increase in oil derivation to 50 per cent from the current minimum of 13 per cent, urging the National Assembly to abolish the onshore/offshore dichotomy in revenue allocation to oil-producing states.
The forum also insisted on the accelerated completion of the Lagos-Calabar Coastal Highway, renewed investment in gas infrastructure and the revival of modular refinery development, warning that the Niger Delta’s vast economic potential must not be allowed to remain untapped.
PANDEF, which marked its 10th anniversary, made the demands in a communiqué issued at the end of ...