Northern leaders accuse Jonathan of scheming for another term

Vanguard

16 March 2012

Northern leaders accuse Jonathan of scheming for another term

*Reject subsisting revenue formula

*Say current revenue formula breeds corruption in N-Delta

By Emmanuel Aziken

ABUJA – The coalition of Northern leaders, formed to articulate the region’s interest in the eventuality of a national conference, has  rejected the framework for the present revenue formula and accused the presidency of a  mischievous plot for another term for President Goodluck Jonathan.

The coalition involving some northern  governors, politicians, academics and some of the region’s most erudite personalities in the professions alleged that the subsisting revenue formula was illegal even as it deposed that it was harmful to the oil rich Niger Delta. According to the group, too much money going to the oil rich region was fueling corruption in the Niger Delta.

The position of the northern leaders was articulated at the end of a meeting of the chairmen of its 10 committees recently convened to define the interest of the region.