Restructuring: Give oil blocs to states, LGs, not individuals, Femi Falana advises FG
Legal luminary Femi Falana has urged the federal government to give oil bloc licenses to state governments rather than individuals, so they can better perform their responsibilities, including the payment of salaries to civil servants.
Speaking during the 5th Comrade Yinka Odumakin Memorial Lecture on Thursday in Ikeja, Lagos State, on the topic, “Can Nigeria’s Democracy Work Without Restructuring?”, Mr Falana alleged that individuals have become dangerously rich not because they are hardworking.
Mr Falana said, “You take oil resources from the Niger Delta, and you give licenses of oil blocs. You don’t know they give oil blocs to themselves? The owners of oil blocs are the richest people in Nigeria. There’s a lady in Lagos, they say she’s the richest lady in Africa, why? She has an oil bloc, not that she’s more hardworking than your mother, no.
“There is a general, a pensioner, he’s the richest pensioner in Africa, he has an oil bloc. In fact, in his own case, they don’t invest in oil bloc, they just take it offshore, and sell the licenses to the Chinese or Europeans, then he’ll come home, a multi-billionaire.”
Alleging that state governments do not want to control their resources but privatise them, Mr Falana recalled that, “when state governments could not pay salaries, I asked the FG, why are you giving oil blocs to individuals? Give them to states and local governments. Today, more and more people are becoming dangerously rich at the expense of all of us.”
According to Mr Falana, those who have oil blocs are now being given licenses to mine solid minerals, adding that many communities are now being degraded by those who are mining mineral resources.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Rights
Lagos urges improved child adoption, fostering services
Mr Ogunlende described adoption, guardianship and fostering as pathways that provide vulnerable children with hope and stability.
Economy
First Lady donates N2 billion to promote Akwete weaving in Abia
She said the gesture was to support the development of the Akwete production site, with a view to creating more jobs and boosting the state’s economy.
Economy
Kano revenue chief pledges transparency, accountability
He described his appointment as a collective responsibility and called on management and staff to work together to achieve the agency’s objectives.
NationWide
Outgoing British High Commissioner praises Tinubu’s economic reforms
Mr Montgomery said although the reforms might have caused short-term pain for ordinary people, they were fundamental to restoring vitality to the economy.
World
Cyclospora Outbreak: No product tested positive, Taylor Farms says
Taylor Farms insisted none of its branded salads or kits was associated with the outbreak.
Economy
Bauchi govt begins 2026 fertiliser sale, announces 50% subsidy
Governor Bala Mohammed said the interventions formed part of a broader strategy to transform agriculture from subsistence to commercial production.





