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.... ....   Home  |  Cover Stories  |  National Newsreel  |  Politics  |  Business  |  Sports  |  World  | Contact Towards a better life for the people Search The Archives   Cover Stories National News South West Niger Delta South East North Politics Business Sports World Viewpoints Features   ..... NATIONAL NEWS Excess crude windfall: Udenwa accuses FG of tyranny, blackmail By  Sufuyan Ojeifo Monday, August 09, 2004 ABUJA — The Federal Government at the weekend came under fire by the Imo State Governor, Chief Achike Udenwa who said that refusal to embrace dialogue on how the excess crude windfall should be shared with the States amounted to tyranny on its part. Udenwa, who spoke with reporters weekend in Abuja, also said that the Government’s claim that governors were taking their states’ allocations abroad as another of Federal Government’s blackmails and declared that he does not have any account abroad after he closed the two he had when he became governor. He further opened up on the emerging presidential politics and stated that the Southeast is committed to the 2007 presidency and would want the other parts of the country to assist the zone in enthroning justice. Other issues on which he was engaged include the position of Chairman of the Board of Trustees of the Peoples Democratic Party (PDP), the succession race in 2007, alleged dirty deals by state governors, Joint State/Local Government Accounts and N25 billion bank capitalization. On excess crude windfall, Governor Udenwa said that the issue of crude oil windfall was where Federal Government tyranny had manifested, stressing, “This is where Federal Government tyranny comes in.  We are all responsible citizens; if we have this level of excess crude today, yes, it is right that people as nation will say something, but let us also agree that the Federal Government is not managing the economy alone. “This money is not just Federal Government’s money. That being so, it behoves us to have a dialogue and say of all this money that has come in, let us put this amount aside for the rainy day, let us use this amount to fund on-going projects.  That should have been a more peaceful way of doing it. But for the Federal Government to sit back and say, no! This money cannot be shared, it has no right.  It is part of the blackmail I am talking about."   Home  |  Cover Stories  |  National Newsreel  |  Politics  |  Business  |  Sports  |  World  | Contact © 1998- 2004. Vanguard Media Ltd.

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