Governor Threatens to Shutdown Kainji Dam Over 13% Derivation Fund
In a bold and decisive move, Governor Umaru Bago has issued a stern warning, threatening to shut down the Kainji Dam and other crucial power infrastructure that supplies electricity to the Delta region. This ultimatum has come as a response to the federal government’s refusal to extend the payment of the 13% derivation fund, currently enjoyed by oil-producing states, to Niger state.
Governor Bago’s threat to halt the operations of the Kainji Dam, which plays a pivotal role in the generation of hydroelectric power and flood control, raises concerns about its potential impact on the entire country, as it serves as a vital energy source for decades.
The governor’s demand goes beyond the scope of power generation. He contends that the federal government owes Niger state a substantial sum, emphasizing that it must pay a remarkable N1 trillion within the next three months for hydrocarbon exchange, highlighting the role that Niger state has played in providing hydropower to the nation.
Governor Bago firmly stressed that Niger state will no longer accept being marginalized or neglected. He called for compensation from the Abuja Electricity Distribution Company and the Nigerian National Petroleum Corporation, underscoring that the state’s resources, including water, land, and borders, are valuable assets that should be acknowledged and compensated accordingly.
In a resolute declaration, Governor Umaru Bago stated that his administration would ensure Niger state receives every rightful due, leaving no room for further neglect or abandonment.
This firm stance is indicative of Niger state’s commitment to securing compensation for the contributions it has made to the nation, as it demands a fair share of the benefits and recognition it deserves.
