13% Derivation: Oil Producing States’ Allocation Jumps 105% To N810.77bn

Thirteen per cent derivation revenue payments to Nigeria’s oil producing states from the Federation account rose by 105.12 per cent (N415.51 billion) to N810.77 billion in the first eight months of this year, compared to N395.26 billion in the corresponding period of 2023, findings by New Telegraph show. An analysis of Federation Account Allocation Committee...The post 13% Derivation: Oil Producing States’ Allocation Jumps 105% To N810.77bn first appeared on New Telegraph.The post 13% Derivation: Oil Producing States’ Allocation Jumps 105% To N810.77bn appeared first on New Telegraph.

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