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Published: Sunday March 23, 2014 MYT 12:00:00 AM
Updated: Sunday March 23, 2014 MYT 1:46:17 PM

SUPP Youth Central says aye to oil royalty increase proposal

KUCHING: SUPP Youth Central believed that the timing was right for Sarawak to fight for greater autonomy and self-rule (except on defence and foreign affairs) as spelt out in the Malaysia Agreement, particularly on the 18 points agreed upon before and during the formation of Malaysia.

SUPP Youth felt that this was important as being a local-based political party, it could truly understand the aspirations of Sarawakians, something foreign or peninsula-based political parties, the Opposition in particular, could not deliver, it said in a press release yesterday.

“A re-examination of the terms of forming Malaysia must be carried out, specifically on Sarawak’s rights to manage our own natural resources (oil and gas to be specific) to accelerate development that is currently taking place in Sarawak.

“This is because the 5% oil and gas royalty and lack of infrastructure are genuine complaints by the people of Sarawak.”

“In the above context, SUPP Youth fully and wholeheartedly supports our Chief Minister Tan Sri Adenan Satem’s recent statement that Sarawak should consider asking the Federal Government to increase the state’s oil royalty from 5% to 20%, the extra revenue which could be utilised to address our poor infrastructure compared to Peninsular Malaysia as our state is almost as big as Peninsular Malaysia and our population is growing at a rapid pace,” said the statement.

Apart from that, SUPP Youth Central secretary-general Wilfred Yap pointed out that Adenan was a minister at both Federal and state levels before he was appointed Chief Minister.

“He has the necessary experience and know-how to propel the state’s economy forward.”

Even though no formal request had been made by the state for an increase in oil royalty, SUPP Youth urged the Federal Government to increase it from 5% to 20%.

Tags / Keywords: Government, East Malaysia, SUPP Central Youth gives thumbs up to proposal of increasing state¿s oil royalty

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