Ogoni forge ahead with self-govt, set up investment bank
The factional leader of the Movement for the
Survival of Ogoni People (MOSOP), Dr. Goodluck Diigbo, has announced plan to
establish the Ogoni Savings and Investment Development Bank (OSIDBANK).
Diigbo, whose declaration of Ogoni Independence
has pitted him against the Prof. Ben Naanenn-led MOSOP Provisional Council,
said the bank would encourage savings, investment and development in Ogoniland.
“Individual Ogonis, villages, groups and farmers'
and traders’ cooperatives in Ogoni will become shareholders in OSIDBANK with
branches in cities, towns and villages throughout Ogoni,” Diigbo hinted.
The controversial MOSOP leader, who announced the
plan on his Facebook page, said finance experts, including retired bankers
drawn from Ogoni, are working on the basic document for an agreement on
bye-laws; shareholders, rules for staffing, operations, reporting procedure and
setting up of management board.
Diigbo waving the Ogoni government flag |
He said that those drafting the document will
meet with the Ogoni Self-Government before the end of August 2012 to review its
content in order to formally establish OSIDBANK.
Diigbo said OSIDBANK was possible through the
invocation of Article 5 of the United Nations Declaration on the Rights of
Indigenous Peoples (UNDRIP), which authorizes indigenous peoples to maintain
and strengthen their own distinct political, legal, economic, social and
cultural institutions.
He was speaking on the outcome of a joint session
of elected representatives under the Ogoni Central Indigenous Authority (OCIA),
which was held at Teyork in the Bori National Territory; following the August
2, 2012 formal declaration of the Ogoni Self-Government.
Diigbo added that profits from OSIDBANK will be
applied in the agricultural sector to finance storage and food processing,
education for the future, women advancement, leadership capacity development
and the promotion of international cooperation in trade and development.
No comments:
Post a Comment