Business Lagos Close To Receiving 20% Derivation as Special Status Bill Passes Second Reading

[kemi]

The House of Representatives on Wednesday passed the second reading of a Bill seeking to grant special economic status to states with over 10 million inhabitants.



The Bill, sponsored by Rep. Babajimi Benson (APC-Lagos) and three others, seeks to alter Sections 80 (1) and 162 (1) of the Principal Act in the 1999 Constitution.

Presenting the bill during plenary, Benson said that there was need to give deserving states the needed support to develop critical infrastructure to cater for their rising population.

According to him, any state with special economic consideration, by this bill, shall be granted 20 per cent of all proceeds accruing to the Federal Government from the state.

The Speaker, House of Representatives, Mr. Yakubu Dogara, referred the bill to the Special ad hoc Committee on Constitution Review for further legislative action.




NAN

 

[curator]

Next stop Kano

 

[ProfRem]

Next stop Kano

No, Benue and likely Kogi where massive exploration is taking place.

 

[curator]

No, Benue and likely Kogi where massive exploration is taking place.

I thought this was based on population not resources

 

[ProfRem]

I thought this was based on population not resources

Sorry, was referring to resources.


The new bill scaled through because Kano and a state was included in the Special status claim.

 

[curator]

Sorry, was referring to resources.


The new bill scaled through because Kano and a state was included in the Special status claim.

Interesting. So where does that leave Rivers State and others?

 

[ProfRem]

Interesting. So where does that leave Rivers State and others?

Rivers may also be considered.

'The bill include consideration for special status to Kano and Anambra as well as states with cities within the threshold of ten million inhabitants, which meet the criteria for megacity by the United Nations' - https://www.nigerianbulletin.com/th...t-house-of-reps-passes-second-reading.228594/