How Northerners Hijacked Niger Delta Oil Resources And PIB Bill

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Despite, not having a single drop of oil, majority of oil blocks awarded to indigenous Nigerians are owned by Northerners courtesy of holding power during the reign of Shagari,IBB,Abacha and Abdusalami. Ita Enang, the former Chairman, Senate Committee on Rules and Business previously advocated equitable distribution of oil bloc licences in the country. Mr Enang claimed 83 percent of the nation’s oil blocs are owned by people from the North of Nigeria. And now in the recently passed PIB bill the interests of the Niger Delta has been jettisoned in favour of the north. With host communities receiving a paltry 3% and 30% of profits going to exploration of Frontier Basins in the north. Out of the 3% going to host communities , a clause was smuggled in that any community that has a pipeline passing through it will also be regarded as a host community. Which means out of the paltry 3%, the amount will be shared by Niger Delta communities as well as northern communities that have oil pipelines pass through them.

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