OSOPADEC: 40% derivation allocation unsustainable
Ondo State Oil Producing Areas Development Commission (OSOPADEC) has said the current 40per derivation allocation fund is no longer sustainable. It therefore called for its increase to 55per cent to enable the commission adequately address the developmental challenges of the state’s oil-bearing communities. Its Chairman, Biyi Poroye, made the demand at the flag-off of the…