Gov. Seriake DicksonGovernor Seriake Dickson of Bayelsa State has demanded that the 13 per cent derivation component of the one billion dollar be deducted from the Excess Crude Account (ECA) and sent to the various oil producing states to prevent subjecting them from making double contributions to the security funds.
In a statement signed by the Commissioner for Information and Orientation, Mr. Daniel Iworiso-Markson, yesterday, Governor Dickson posited that the implication of the withdrawal inclusive of the 13 percent, was that the oil producing states would be making double contributions to the security funds.
He stressed that the oil producing states would be contributing not only their statutory allocations like other states, but also their 13 per cent derivation fund constitutionally designed to address special circumstances including security, occasioned by the hazards of oil production.
Dickson wants 13% derivation payment on $1b ECA deduction
