
[dropcap] D[/dropcap]elta State House of Assembly on Tuesday approved Gov. Ifeanyi Okowa’s request to allow the Federal Government deduct Delta’s statutory share of one billion dollars security fund from the excess crude account. The approval followed a letter from the governor requesting the assembly to authorise the Federal Government to deduct the money to procure military equipment and tackle other security challenges.
Buhari’s request which was conveyed to the State Houses of Assembly across the country for approval, was laid before the Delta State House of Assembly by Governor Okowa through a letter dated 11th June, 2018 and addressed to the Speaker.
The letter titled, $1Billion Deduction From Excess Crude Account (ECA), which was read at the floor of the House, went through a debate session by the lawmakers and thereafter unanimously approved for onward authorization.
The deduction request by the Presidency through the Office of the Delta State Governor to the State House of Assembly as obtained by Grassroots Publishers, read in parts stated that, “As the Speaker and Members of this Honourable House are well aware, the Federal Government plans to deduct the sum of $1billion from the Excess Crude Account for the procurement of military equipment to support the Armed Forces of the Federal Republic of Nigeria in its operations in fighting insurgency and other security challenges in the country.
“The Honourable House is also aware that procedurally, in addition to the approval of the National Assembly, the concurrent approval of the Houses of Assembly in the thirty-six (36) States of the Federation is expected to be sought and obtained to facilitate the deduction from the Excess Crude Account. It would also be useful for the resolution to capture that the 13% derivation component accruable to Delta State as its share of the $1billion be remitted to the State.
“The purpose of this letter, therefore, is to request the Honourable House to, by way of resolution, approve and authorize the Federal Government of Nigeria to deduct Delta State share of the sum of $1billion from the Excess Crude Account for the procurement of military equipment to support the Armed Forces in the Federal Republic of Nigeria in its operations in fighting insurgency and other security challenges in the country, subject to the deduction and payment of 13% derivation component due to Delta State from the said sum of $1billion.”
Delta Assembly Speaker, Rt. Hon. Sheriff Oborevwori at the approval of the request by the House, announced that, “The Delta State House of Assembly at its sitting on this 10th day of July 2018, after extensive deliberation on the $1billion deduction from the Excess Crude Account (ECA), unanimously resolved to authorize the Federal Government of Nigeria (FGN) to deduct from the Delta State’s statutory share of the said sum of $1Billion from from the Excess Crude Account for the procurement of military equipment to support the Armed Forces of the Federal Republic of Nigeria in its operations in fighting insurgency and other security challenges in the country, subject to the deduction and payment of 13% derivation component due to Delta State from the said sum of $1billion.”




he leadership of the People’s Democratic Party yesterday held a meeting with leaders of over thirty political parties in Abuja.The meeting, which took place at the Shehu Musa Yar’Adua Centre in Abuja, was convened ahead the 2019 election.

[dropcap]T[/dropcap]he Governors of the South-East states rose from a meeting in Enugu on Sunday evening with a decision that no land would be made available for the establishment of cattle ranches in the zone. The meeting, which held at the Enugu State Government House, had the governors of Enugu (Ifeanyi Ugwuanyi), Ebonyi (Dave Umahi)


[dropcap]T[/dropcap]he West Africa Examination Council, (WAEC) has said recently that the WAEC/CGE registration deadline has been extended to July 27, 2018 for its Nov-Dec edition exams.This was made known through a document made available to newsmen from the public affairs office of the council.
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