Metro Confab : IYC Threatens War Over Proposed 5% Derivation Allocation To Boko Haram -The WIll

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Foremost Ijaw youth organisation, the Ijaw Youth Council (IYC) worldwide, has described the proposed five percent revenue to the North as a result of Boko Haram insurgency and additional five percent increase of the derivation fund as an invitation to war.

The National conference consensus group had proposed a five percent increase in the derivation fund to make it 18 percent and also allocate five percent to the North as a result of Boko Haram insurgency.

But reacting to the proposal, IYC in a statement by its spokesman, Eric Omare, described the proposal as provocative, disgusting and insulting to the Niger-Delta people . He also described the proposal as an attempt to use resources produced in the Niger Delta to ‘fund’ and ‘encourage’ Boko Haram activities. “If we may ask, where would the Boko Haram five percent revenue come from? Is it from the oil and gas revenue of the Niger-Delta region and taxes mainly collected from southern parts of Nigeria or five percent of revenue generated from the Boko Haram sponsored states,” IYC queried.

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SOURCE: #TheWill

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