Falana: Assigning Oil Blocks to IOCs, Individuals Unconstitutional

Renowned lawyer, Mr. Femi Falana SAN, has said the practice of allocating crude oil blocks to individuals and International Oil Companies (IOCs) by the federal government is against the constitution of Nigeria, and should be stopped.

Falana, in this regards asked President Muhammadu Buhari, to henceforth allocate oil blocks only to the federal and state governments, saying that those who got oil blocks often got more money from the blocks than Nigeria did.

In a letter he wrote to the president, and which THISDAY in Abuja sighted, Falana said the practice violates Section 16(2) (c) of the nation’s constitution, which he stated provides that, “the economic system is not operated in such a manner as to permit the concentration of wealth or the means of production and exchange in the hands of few individuals or of a group.”

This Day, Monday 25, March

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