Ondo LP Chief Canvasses 50 Per cent Derivation Fund For Oil-producing State

Chairman, Ondo State Chapter of the Labour Party (LP), Dr. Olaiya Oni has called for the increment of derivation fund to oil-producing states from 13 per cent to 50 per cent. The chairman, who said this at the inauguration of the Elders Forum of the party in Ilaje Local Government Area of the state said…”
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January 12, 2009 4:15 pm
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Labour Party (LP), NigeriaChairman, Ondo State Chapter of the Labour Party (LP), Dr. Olaiya Oni has called for the increment of derivation fund to oil-producing states from 13 per cent to 50 per cent.

The chairman, who said this at the inauguration of the Elders Forum of the party in Ilaje Local Government Area of the state said that the increment would facilitate the development in the areas.

According to him, the coastal area in the Niger Delta is vital because of its peculiarity. there is a need to make it super-rich to meet the regional plans for development.

Oni said the Federal Government should give special attention to the coastal area in the Niger Delta region, especially in Ondo State, to meet up with challenges for the benefits of its people.

His words: “Ilaje kingdom is very crucial to us in the LP; the people in the area fully supported us during the April 14, 2007 governorship election in spite of attack and irregularities witnessed in the area.”

He urged the people to shun violence and work towards rapid development of the area.

The Chairman of the Elders Forum, Mr. Adegboyega Ebiwonjumi, said his group would unite the party.

He said the instability which characterised the party shortly after last year’s elections, was over.

He urged the leadership of the party to appoint indigenes of the area to sensitive position when Dr. Olusegun Mimiko’s administration assumed power next year.

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