President Buhari should ringfence 13% Derivation Funds for infrastructure development

President Buhari should ringfence 13% Derivation Funds for infrastructure development

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Abiye Hector-Goma started this petition to Ahmad Lawan and

The principle of derivation in Nigeria has determined revenue allocation since the 1950s. Host regions (in the North and West) received 50% when groundnut and oil were the main sources of foreign exchange. This was reduced to 1% and now 13% when oil (from the South-South) became the main source of revenue.

Sadly, there is little to show by way of infrastructural or human capital development outside and even within many State capitals in the oil-producing states of Nigeria. The primary explanation for this is the lack of fiscal discipline and transparency in governance. Leaders at all levels and their friends in the public and private sectors appear to have been the main beneficiaries of the 13% Derivation Fund. The voice of host communities is never loud enough, even would-be Saviours from these communities simply appear to wear the garment of "if you can't beat them, join them", leaving their people short-changed. 

Health is a human right and my medical colleagues and other health professionals can only scratch the surface of health problems which are rooted in wider social and environmental determinants. My petition is that President Buhari should boldly and transparently ring-fence the Derivation Funds (cash/kind) for the duration of his government, to be utilised by a consortium of first class construction firms to build roads, waterways, green homes and energy installations, agro-based and Oil-to-Tech industries across these host communities with State Governments, Local Governments and Civil Society providing independent monitoring and evaluation reports to the Presidency and the general public.

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