Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Law

Constitution review: Nigeria’s National Assembly to remove mineral resources from exclusive list

Monday, 16 January 2017 12:29

(Ecofin Agency) - The Nigerian National Assembly in an effort to strengthen the country’s economy, has proposed the removal of mineral resources from the exclusive list to the concurrent list in the ongoing 1999 constitution amendment.

This they said will allow state governors develop all the mineral resources in their various states.

The proposal is part of the amendment to be included in the new constitution expected to be released by March 2017, for onward transmission to the president for approval, INFOAFRIQ reports.

According to the Minority Leader of the House of Representatives, Leo Ogor, the removal of mineral resources from the exclusive list was aimed at taking the country back to the days where states developed resources in their areas and use them to develop the regions without turning to the Federal Government.

We have proposed a removal of virtually everything in the exclusive list and leave very minimal responsibility for the Federal Government. It has major advantage. It will make sure that this whole fight over who becomes the President becomes unnecessary,” he said.

Anita Fatunji

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.