HomeEventsSouthern Governors Stand for Restructuring and Fiscal Federalism Events Southern Governors Stand for Restructuring and Fiscal Federalism The Southern Governors Forum at the end of the meeting held on Monday, 5th July, 2021 reviewed the situation in the Country and focused on the current security situation, constitutional amendment, Petroleum Industry Bill (PIB). Rising from the meeting, the Forum agreed on the following: Re-affirmed their commitment to the unity of Nigeria on the pillars of equity, fairness, justice, progress and peaceful co-existence between and amongst its people. The Forum reiterates its commitment to the politics of equity, fairness and unanimously agrees that the presidency of Nigeria be rotated between Southern and Northern Nigeria and resolved that the next president of Nigeria should emerge from the Southern Region. SecurityThe Forum reviewed the security situation in the country and commends security operatives for their relentless efforts in restoring security and safety and commiserates with families and loved ones of those who have fallen in the line of duty;Re-emphasized the need for State Police;Resolved that if for any reason security institutions need to undertake an operation in any State, the Chief Security Officer of the State must be duly informed;the forum frowns at selective criminal administration of Justice and resolved that arrests should be made within the ambit of the Law and fundamental human rights;Set a timeline of Wednesday, 1st September, 2021 for the promulgation of the anti opengrazing law in all member States; andResolved that Funds deducted from the Federation Account for the Nigeria Police Security Trust Fund should be distributed among the States and Federal Government to combat security challenges. Petroleum Industry Bill (PIB) Law:The Forum commends the National Assembly for the progress made in the passage of the PIB;the Forum rejects the proposed 3% and support the 5% share of the oil revenue to the host community as recommended by the House of Representatives;the forum also rejects the proposed 30% share of profit for the exploration of oil and gas in the basins;However, the forum rejects the ownership structure of the proposed Nigeria National Petroleum Company Limited(NNPC). The Forum disagrees that the company be vested in the Federal Ministry of Finance but should be held in trust by Nigeria Sovereign Investment Authority (NSIA) since all tiers of Government have stakes in that vehicle. In order to consolidate our democracy and strengthen the Electoral process, the Southern Governors’ Forum reject the removal of the Electronic transmission of the election result from the electoral act; and also rejects the confirmation of exclusive jurisdiction in pre-election matters on the Federal High Court. The Forum unanimously chose Lagos State as its permanent secretariat and appreciated the Governor of Lagos State for the wonderful hosting of this meeting while commending him for his good work in the State. Support PisonTechAfrica.com For inspiring tech content and articles, PisonTechAfrica.com is the platform to go. Great content takes a lot of resources; we are poised to motivate young start-ups and give them leverage with our platform. It is a platform for inspiring tech entrepreneurs to display their talents. Africa is the next big thing for technology. PisonTechAfrica.com is the tech media platform committed to positioning Africa in the Fourth Industrial Revolution. Donate Oluwagbenga Oyebanji Share This Previous ArticleGOV. SANWO-OLU HOSTS SOUTHERN NIGERIA GOVERNORS FORUM MEETING AT LAGOS HOUSE, IKEJA, ON MONDAY, JULY 5, 2021 Next ArticleSANWO-OLU PRESENTS 10 CARS TO LAGOS OUTSTANDING CIVIL SERVANTS July 6, 2021
