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13% derivative fund: Activist hails Ngige, Obi, Anyaoku, Nwoye, ors


Human Rights activist, author and public affairs analyst, Comrade Vincent Ezekwueme has commended  the patriotic and relentless efforts of former Governors Chris Ngige and Peter Obi for laying the foundation for establishing Orient Petroleum Refinery.

Comrade Ezekwueme also commended former Commonwealth secretary general Chief Emeka Anyaoku who was the pioneer chairman of Orient Petroleum, as well CLO Anambra State which doggedly and persistently demanded and agitated for inclusion of Anambra State among oil producing state.

Ezekwueme further hailed a horde of others for their immense sacrifices and the indispensable roles they played towards recognition and enlisting of Anambra State as oil producing state by Revenue Mobilization and Allocation Fiscal Commission (RMAFC) since August 2021.

He noted that It is cheering news and welcome development that the state recently received her maiden allocation of fund accruing to the state due to her current status as oil producing state as was enlisted last year by RMAFC.

He said: “It is pertinent to note that the two previous Governors’, Ngige and Obi administrations, following the discovery of oil in Anambra east and Ogbaru local governments, established Orient Petroleum and made concerted efforts towards recognition and capturing of the state as oil producing state.

“Worthy of mention and commendation is a former member of House of Representative and Labour Party Senatorial candidate for Anambra North, Dr Tony Nwoye, for moving a motion in the lower Chamber in 2017 for recognition and inclusion of Anambra State as oil producing state.

“The collective and collaborative efforts has yielded positive results as the state now benefits from revenue accruing to oil producing state, which precipitates more revenue allocations to the state from federation account.

“It is of prime importance to note that its benefits will be too great to mention.

“Not only it will astrologically increase revenue from federation account, boost economic activities, create wealth and jobs for citizens, provide more infrastructural development, give the state sense of belonging, most importantly  it will propel and promote the state from among bottom in federal allocation to among the top beneficiaries.

“Increase in federal allocation precipitates increase in infrastructural development as more resources will be available to tackle challenges and problems bedeviling the state and her citizens.”

Ezekwueme, in view of the foregoing, appealed to the state government to judiciously and prudently utilize the funds to improve on infrastructures, socioeconomic uplift of citizenry, security and education.

He stressed that there is urgent need for the state government to consider establishing primary and secondary schools along 33, Nsugbe and Ikwelle Ezunaka axis, because there is only Oyolu primary school and Nkwelle High school in the area.

This, he said, is inadequate considering high population of indigenes and residents.

“This has truncated education of many children due to paucity of funds as most of their parents cannot afford exorbitant fees by private schools,” he added.

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