Sowore Backs Niger’s Demand for 13% Oil Derivative

Political activist, Omoyele Sowore, has backed the call by Governor Umar Bago for Niger State to receive 13% derivative from oil revenue because of the state holds the biggest hydro-electric power source.

Bago made the demand recently, citing the fact that his state gets flooded, with residents displaced as a result of the Kanji Dam.

Reacting, Sowore revealed that the state deserves the the derivative because Kanji Dam has impacted the lives of many.

He shared on X, “I totally support @HonBago request that the people of Niger state be paid 13% derivation fund arising from the location of Nigeria’s biggest hydro-electric power source at Kainji Dam.

“Electricity is a powerful resource, the Kainji Dam project has contributed immensely to the Nigerian economy, just like oil, but even better, considering that it is renewable energy source.

“It has also impacted the lives of the people and their environment, just like crude. So, let the Niger State people also get their 13 percent and this should apply to all states and LGAs were these sorts of crucial resources are explored for the good of all. I support Bago’s motion.”

Related Articles