N’Delta Civil Society pushes for presidential board to oversee 13% derivation fund

Key points • Niger Delta Civil Society Forum calls for establishment of a Presidential Board to manage the 13% derivation fund. • Group argues fund is constitutional and separate from provisions of the Petroleum Industry Act (PIA). • Stakeholders raise concerns over accountability, transparency and alleged misallocation of derivation revenues. Main story Civil society stakeholders … Continue reading N’Delta Civil Society pushes for presidential board to oversee 13% derivation fund