Oil-producing states battle N1.3tn despite N2.8tn derivation allocation

Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, according to findings by The PUNCH. The findings are based on analysis of data from each state’s budget implementation reports for the period under review. The eight states that benefitted from the 13 per cent

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