13% Derivation: Oil-producing States’ Earnings Rise 87.6% To N901.19bn

ShareThe 13 per cent derivation revenue payments to Nigeria’s oil producing states from the Federation Account jumped by 87.66 per cent to N901.19 billion in the first nine months of this year findings by New Telegraph has shown. The amount is N420.96 billion higher than the N480.23 billion that the states received in the corresponding...The post 13% Derivation: Oil-producing States’ Earnings Rise 87.6% To N901.19bn appeared first on New Telegraph.

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