The Impact Nigeria NewspaperThe Impact Nigeria NewspaperThe Impact Nigeria Newspaper
Font ResizerAa
  • Home
  • News
  • Opinion
  • Metro
  • Business & Economy
  • Entertainment
  • Health
  • Politics
  • Sports
  • Video
  • World
Font ResizerAa
The Impact Nigeria NewspaperThe Impact Nigeria Newspaper
  • Home
  • News
  • Opinion
  • Metro
  • Business & Economy
  • Entertainment
  • Health
  • Politics
  • Sports
  • Video
  • World
Search
  • Home
  • News
  • Opinion
  • Metro
  • Business & Economy
  • Entertainment
  • Health
  • Politics
  • Sports
  • Video
  • World
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Uncategorized

Falana urges FG to stop allocating oil blocks to individuals, corporate bodies

Olatunbosun Obafemi
Last updated: March 25, 2019 4:56 am
Olatunbosun Obafemi
Share
Mr. Femi Falana (SAN)
Mr. Femi Falana (SAN)
SHARE

Activist Lawyer, Femi Falana (SAN) has asked the federal government to stop allocating oil blocks to individuals and corporate bodies.

He gave the advice in a letter dated March 20 and addressed to President Muhammadu Buhari.

He said he would not hesitate to file a suit against government should it fail to heed its request.

“If the federal government refuses to accede to our request we shall be compelled to challenge the constitutional validity of allocating the oil blocks and other natural resources collectively owned by the Nigerian people but vested in the Federal Government to a few private individuals and corporate bodies,” he warned.

Falana urged government to restrict the allocation of oil blocks, including marginal fields to the federal government and the governments of the 36 states of the Federation.

“This request is in line with Section 16 (1) (b) of the Constitution which has mandated the Nigerian State to “control the national economy in such manner as to secure the maximum welfare, freedom and happiness of every citizen on the basis of social justice and equality of status and opportunity,” he argued.

He further argued the allocation of oil blocks to a few individuals and corporate bodies by the federal government constitutes a gross violation of the fundamental rights of the Nigerian people to freedom from discrimination, equal right of access to public property and in the equal enjoyment of the common heritage of mankind as well as the right to social, economic and cultural development guaranteed by articles 2, 13, 22 of the African Charter on Human and Peoples Rights (Ratification and Enforcement) Act.

“Therefore, pursuant to article 22 thereof which has imposed a duty on the Federal Government to freely dispose of the wealth and national resources of the nation in the exclusive interests of the Nigerian people we urge Your Excellency to desist from allocating oil and blocks to a select group of Nigerians and foreigners,” he stated.

Falana pointed out he made the request because majority of the owners of the oil blocks usually sub-lease them to offshore companies as they lack the fund and the technical expertise to develop the oil and gas industry.

“By merely collecting huge rents, the oil block owners become stupendously rich while the federal, state and local governments depend on loans and bailout to pay salaries and carry out basic infrastructural development of the country.

“Thus, by allocating oil blocks to a few individuals and corporate bodies the federal government has violated Section 16(2)(c) of the Constitution which provides that “the economic system is not operated in such a manner as to permit the concentration of wealth or the means of production and exchange in the hands of few individuals or of a group,” he stated.

While commending government for the courageous decision it took to revoke a number of oil blocks and marginal fields hitherto allocated to a few individuals and corporate bodies, he urged the government to desist from renewing the remaining licences of other oil block owners in the country.

TAGGED:allocationfalanaFGoil block
Share This Article
Email Copy Link Print
ByOlatunbosun Obafemi
Follow:
Bosun Obafemi is a seasoned journalist and editor for national daily news publication outfits.
Previous Article Chief of Army Staff, Lieutenant General Tukur Yusuf Buratai Army to deal with serving soldier arrested for cultism
Next Article Minister of Agriculture and Rural Development, Audu Ogbeh FG to phase out chemical fertilisers
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

EditorialHeadlines

EDITORIAL: FG must implement the national livestock transformation plan now

By
Olatunbosun Obafemi
Festus Keyamo (SAN)
Uncategorized

President, governor do not require WAEC to attain position in office, says Keyamo

By
Olatunbosun Obafemi
Atiku and Buhari
Uncategorized

Presidential candidate sues Buhari, Atiku; wants them disqualified

By
Olatunbosun Obafemi
HeadlinesMetro

Minister of Works, Atiku  Abubakar trade words over Cost of Lagos-Calabar Highway Project

By
Olatunbosun Obafemi
QUICK LINKS
About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
NEWS UPDATE
Top Headlines
News
Metro News
Insurgency News
Crime News
World News
Sports
Entertainment
Human Angle Story

BUSINESS
Business & Economy
Oil & Gas
Power & Energy

EDITORIAL
Editorial
Opinion

LIFE & LIVING
Lifestyle
Single & Married
Interview

MORE
Politics
Technology
Education
Features
Health
Environment
Security
Law
Litigation
Professionals
Video
Youth
Religion

© 2026 Integrated Impact Publishers Limited. All Rights Reserved.