reports the BBC: Nigerian officials are reportedly planning to give 10% of the country’s oil revenues to people in the Niger Delta, an area plagued by insurgencies.Presidential adviser Emmanuel Egbogah told the UK’s Financial Times that the money would go directly to communities, bypassing powerful state governors.
Analysts say the government fears local officials would embezzle the money.
The plan is part of the government’s effort to stop militants from attacking oil installations in the delta.
Such attacks have been going on for years, but the government recently held an amnesty and claims to have persuaded a number of leading militants to hand in their arms.
The rebels say they are fighting for a fairer share of oil wealth for delta residents, but frequently resort to killing and kidnapping, and fund their activities by stealing oil.
Mr Egbogah told the FT the idea was for the benefits to “flow directly” to the delta people.
“Every community, whether blind or deaf or dumb, every citizen will say: ‘I own a part of this business.’”
The FT reports that the plans could see more than 50bn naira ($338m; £207m) diverted to the communities in its first year.
But the BBC’s Ahmed Idris in Abuja says the government’s proposals have a long way to go before they see the light of day.
He says it is likely to face stiff opposition from the regions outside the delta, because it would mean less revenue for them.
The allocation of Nigeria’s oil money is strictly governed by the constitution.
Recent Posts
- Gaddafi’s advice to Nigeria
- On Britain’s changing spending habits
- A review of Brautigam’s *The Dragon’s Gift* on The China Beat
- Amadou & Miriam – Masiteladi
- 90 million litres of petroleum products disappear?
- Dominique Strauss-Kahn on his trip to Africa
- A Matter of Life and Death: LGBTI Rights in Uganda
- Friday links #40
- Nigeria: Who needs a president, again
- Farafina Trust Creative Writing Workshop Sponsored by Nigerian Breweries
- Intra-African trade and development
- European governments block Wall Street from selling government bonds?
- Anthropology and Economics
- Oumou Sangare – Dugu Kamalemba
- The Turai Yar’Adua distraction
Blogroll
- A Bombastic Element
- AAA Blog
- Aid Watch
- Akin
- Anthropologi.info
- Anthropologyworks
- ASA Globalog
- Blood and Milk
- Chris Blattman's Blog
- Don's Life Cycle Analysis
- Ishtar News
- Iyan and Egusi Soup
- Jeremy's Naijablog
- Keith Hart's Memory Bank
- Ktravula
- Kwame's Thoughts of a Ghetto Intellectual
- Nigerian Curiosity
- NigeriansTalk
- Nneoma's Pyoo Wata
- NPR's A Blog Supreme
- Oz's Mootbox
- Roving Bandit
- Ruben Eberlein's blog
- Sahel Blog
- Savage Minds
- Sci-Cultura
- Square One
- Szavanna
- The Prism
Categories
- Africa (59)
- Announcemenet (11)
- Anthropology (23)
- Asia (2)
- India (2)
- CFP (6)
- Children (1)
- China (5)
- Commodity (3)
- Decisions (2)
- Development (19)
- Doing Anthropology (16)
- economics (29)
- Economy (6)
- Europe (8)
- Germany (1)
- Experiences (54)
- Fieldwork (9)
- Finance (12)
- General (4)
- Health (1)
- Humour (14)
- Idea (3)
- Ideas (3)
- Interview (2)
- Links (112)
- Methodology (1)
- Movies (2)
- Music (48)
- News (101)
- Nigeria (27)
- Opinion (35)
- Philosophy (1)
- Photos (1)
- Psychology (1)
- Reviews (41)
- Short Story (3)
- Theories (2)
- Thoughts (13)
- Trade (14)
- Uncategorized (34)
- Video (1)
- Whacked stuff without any category (1)
- Writing UP (1)

This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 2.0 UK: England & Wales License.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=cedcecfc-bf04-4292-bc3c-75f660f6f9a3)

0 Responses
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.