Niger Delta gets $160bn in 27 years — Aig-Imoukhuede

Aigboje Aig-Imoukhuede, Chairman of Access Bank Holdings, stated that the Niger Delta oil-producing states and their local governments have received an estimated $160 billion in federal allocations and other development resources over the past 27 years. He made this disclosure during a keynote address at the 2026 Niger Delta Economic and Investment Summit in Port Harcourt. Aig-Imoukhuede noted that the figure includes about $140 billion in federal allocations since 1999, plus resources channelled through the NDDC. He added that there are no consolidated public accounts showing how the resources have been utilised.

Read More