*Reject subsisting revenue formula
*Say current revenue formula breeds corruption in N-Delta
ABUJA – The coalition of Northern leaders, formed to articulate the region’s interest in the eventuality of a national conference, has rejected the framework for the present revenue formula and accused the presidency of a mischievous plot for another term for President Goodluck Jonathan.
The coalition involving some northern governors, politicians, academics and some of the region’s most erudite personalities in the professions alleged that the subsisting revenue formula was illegal even as it deposed that it was harmful to the oil rich Niger Delta. According to the group, too much money going to the oil rich region was fueling corruption in the Niger Delta.
The position of the northern leaders was articulated at the end of a meeting of the chairmen of its 10 committees recently convened to define the interest of the region.
The group also demanded the identification of all Generals, businessmen and others involved in illegal bunkering activities in the Niger Delta.
The Coalition of Concerned Northerners has as members, Governor Babangida Aliyu of Niger State; Governor Sule Lamido of Jigawa State; former President of the Senate, Dr. Iyorcha Ayu and some of the leading lights of the region in different professions.
The presidency immediately rebuffed the allegation of scheming for a third term as it accused the Northern leaders of sorcery on the basis that the constitution review committee headed by Justice Alfa Belgore (rtd) was yet to submit its report.
The position of the group was articulated in a statement by the group’s convener, Dr. Junaid Mohammed, following yesterday’s meeting of the chairmen of its 10 standing committees.
*Say current revenue formula breeds corruption in N-Delta
ABUJA – The coalition of Northern leaders, formed to articulate the region’s interest in the eventuality of a national conference, has rejected the framework for the present revenue formula and accused the presidency of a mischievous plot for another term for President Goodluck Jonathan.
The coalition involving some northern governors, politicians, academics and some of the region’s most erudite personalities in the professions alleged that the subsisting revenue formula was illegal even as it deposed that it was harmful to the oil rich Niger Delta. According to the group, too much money going to the oil rich region was fueling corruption in the Niger Delta.
The position of the northern leaders was articulated at the end of a meeting of the chairmen of its 10 committees recently convened to define the interest of the region.
The group also demanded the identification of all Generals, businessmen and others involved in illegal bunkering activities in the Niger Delta.
The Coalition of Concerned Northerners has as members, Governor Babangida Aliyu of Niger State; Governor Sule Lamido of Jigawa State; former President of the Senate, Dr. Iyorcha Ayu and some of the leading lights of the region in different professions.
The presidency immediately rebuffed the allegation of scheming for a third term as it accused the Northern leaders of sorcery on the basis that the constitution review committee headed by Justice Alfa Belgore (rtd) was yet to submit its report.
The position of the group was articulated in a statement by the group’s convener, Dr. Junaid Mohammed, following yesterday’s meeting of the chairmen of its 10 standing committees.

