VANGUARD NEWS As the controversy surrounding the provision of just three percent of operator’s expenditure as funding for oil-producing communities in the Petroleum Industry Bill rages, energy experts have blamed state governors in the region and the Niger Delta Development,…
PREMIUM TIMES Since Nigeria’s Fourth Republic began in 1999, the eight oil and gas producing states have received over N9 trillion under the derivation principle sanctioned by the nation’s constitution. The constitution stipulates payment of 13 per cent of oil…
VANGUARD Eight oil-producing states received N6.589 trillion from the Federation Account under the 13 per cent derivation principle, between 2009 and 2019, with little or no impact on the lives of citizens of the states, according to a report published…
© 2019-2023 Ijaw Nation Forum. All rights reserved.