Bayelsa State Governor, Senator Douye Diri, says the state government is open to dialogue with federal government to amicably resolve the issues bordering on the Court’s order on $591 million refund of 13% shortfall in oil derivation revenue due to the state.
The Federal High Court sitting in Abuja had on Monday ordered the federal government to refund $951 million shortfall in oil revenue due to the state in accordance with the 13% derivation principal.
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Diri, while reacting to the judgement on Wednesday, appealed to the federal government to implement the Federal High Court judgement and restore the funds to the state.
The governor said in a statement by his Chief Press Secretary, Mr, Daniel Alabrah, said the money was due to the state based on the Constitution and the 13% derivation principle.