EFCC Petitioned Over N1.3 Trillion Oil Derivation Funds

Olaitan SodiqJune 4, 202530

Delta host communities demand N1.3 trillion in 13% oil derivation funds, citing mismanagement and misappropriation by the state government.
Comrade Mulade Sheriff, a Delta State-born environmental rights activist, has called on the EFCC to investigate the funds and ensure transparency.

A Delta State-born environmental rights activist and development advocate, Comrade Mulade Sheriff, has petitioned the Economic and Financial Crime Commission (EFCC) to investigate the mismanagement and misappropriation of the 13% oil derivation funds meant for the development of host communities in Delta State.

The funds in question amount to a staggering N1.3 trillion.

The Demand for Transparency

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“We wish to strongly believe that the former governor of Delta State, Sen Dr Ifeanyi Okowa’s political defection from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC) should not be considered for compromise to the detriment of host communities in Delta State,” Sheriff said. He cautioned against sweeping the issue under the carpet due to Okowa’s defection to the ruling party, warning that this would set a wrong precedent for Nigeria’s political landscape and developmental aspirations.

“We cannot believe that the government will compromise corruption for political reasons and destroy the future of Nigerians,” Sheriff lamented.

He emphasizlsed that Nigerians and the world are watching the EFCC and the President Bola Ahmed Tinubu-led federal government in its promises to fight against corruption, insecurity, unemployment, hunger, and poverty.

The EFCC has been urged to avail Deltans and the general public the current position of the mismanaged, misappropriated, and misapplied 13% oil derivation funds.

Sheriff’s petition highlights the need for transparency and accountability in the management of these funds, which are meant to benefit the host communities in Delta State.