Oil derivation states in nigeria

Rivers Akwa Ibom Delta Bayelsa Ondo Imo Edo Abia Cross River $5.02 billion 4.57 3.9 3.6 0.88 0.28 0.24 0.24 0.19 Earnings from derivation fund (1999-2014)   Ebonyi State University Abakaliki Nigeria. Corresponding author: revenue on the principles of derivation to the oil producing area. The leadership of these  but most recently, the derivation principle no longer seem to be favoured by these oil-rich states and they call for “resource control”. This call for resource control, 

Nigeria: 13 Percent Derivation - Oil-Producing States Receive N7trn in 18 Years Despite claims of neglect and abandonment, investigation has revealed that governments of oil-producing states in Oil revenue derivation. Oil revenue allocation has been the subject of much contention well before Nigeria gained its independence. Allocations have varied from as much as 50%, owing to the First Republic's high degree of regional autonomy, and as low as 10% during the military dictatorships. This is the table below. The nine oil producing states in the country apart from Delta and Ondo States are Akwa Ibom, Bayelsa, Cross Rivers, Rivers, Abia, Imo and Edo. The 1999 Constitution provides that communities producing natural resources shall be paid 13 per cent derivation fund. Section 162 (2) Principle of Derivation in Nigeria Section 162 (2) of the 1999 Constitution as Amended. The germane provisions are contained in Section 162 (2) and the proviso thereof of the Constitution which has directed the mandatory payment of not less than 13% derivation to the producing States.

15 Dec 2018 The Royal Father, who was also the first military Governor of old Rivers State, presented HOSCON's top priority demands to the Nigerian 

4 Mar 2020 Nigeria's crude oil production hovers around 2.5 – 2.7 million barrels per day, making it the largest oil producing country in Africa and 6th in the  13% derivation: Oil-producing states receive N7trn in 18 years. Despite claims of neglect and abandonment, investigation has revealed that governments of oil-producing states in Nigeria had over the years, failed to utilize the resources provided them to develop their states and the region. Full List of Oil Producing States in Nigeria (2019) 1. Akwa Ibom. Akwa Ibom is the largest oil producing state in Nigeria accounting for 31.4% 2. Delta. Delta with Asaba as it capital is the second largest oil producing states in 3. Rivers. Rivers was ones the largest producer before Akwa Delta State Governor, Ifeanyi Okowa, said on Sunday oil-producing states deserved more than 13 percent derivation from the Federation Account. He also urged the Federal Government to release the Top 10 oil producing states in Nigeria 2019 1. Akwa Ibom – 504,000 barrels per day (1st). 2. Delta – 346,000 bpd (2nd). 3. Rivers – 344,000 bpd (3rd). 4. Bayelsa – 290,000 bpd (4th). 5. Ondo – 60,000 bpd (5th). 6. Lagos – 40,000 bpd (6th). 7. Edo – 33,000 bpd (7th). 8. Imo – 17, 000 bpd Number Breakdown: Specifically, Nigerian Oil producing states include Delta, Akwa-Ibom, Bayelsa, Rivers, Edo, Ondo, Imo, Abia and Lagos. Note that since 2016, Lagos state has been officially declared an oil-producing state in Nigeria, however, the state still earns low from the derivation fund.

Out of these 8 producers, Akwa Ibom, Delta, Rivers and Bayelsa accounts for 80 % of the crude oil produced. This article will discuss the contribution of each state  

The oil producing states are Akwa-Ibom, Rivers, Delta, Cross River, Edo, Bayelsa, Abia, Ondo, Imo, Anambra, and of recent, Lagos State. Despite this, the Niger Delta region is still suffering from massive infrastructure decay, widespread poverty and environmental degradation, among numerous others. Nigeria: 13 Percent Derivation - Oil-Producing States Receive N7trn in 18 Years Despite claims of neglect and abandonment, investigation has revealed that governments of oil-producing states in Oil revenue derivation. Oil revenue allocation has been the subject of much contention well before Nigeria gained its independence. Allocations have varied from as much as 50%, owing to the First Republic's high degree of regional autonomy, and as low as 10% during the military dictatorships. This is the table below.

Hospital Beds and Federation Transfers to States, 1998 Federation Transfers and Oil Derivation Effect on State Resources of a US$2 Decrease in the Oil 

5 Mar 2020 South-South states plan regional security network, demand full 13% derivation “The 13 per cent is supposed to be for the oil-producing states and that has not Should Nigerian government ban importation of generators? 30 Nov 2019 Oil producing communities in Bayelsa State have urged President of the Federal Republic of Nigeria, the payment of 13% derivation fund  against the. Nigerian state-oil multinationals alliance that has extracted oil from the return to the 50% oil derivation principle of revenue allocation to the region. Rivers Akwa Ibom Delta Bayelsa Ondo Imo Edo Abia Cross River $5.02 billion 4.57 3.9 3.6 0.88 0.28 0.24 0.24 0.19 Earnings from derivation fund (1999-2014)   Ebonyi State University Abakaliki Nigeria. Corresponding author: revenue on the principles of derivation to the oil producing area. The leadership of these  but most recently, the derivation principle no longer seem to be favoured by these oil-rich states and they call for “resource control”. This call for resource control,  Oil became a major source of income for the State at the end of the Nigerian civil a special bonus to oil-producing states, the so-called 'derivation' percentage, 

5 Mar 2020 South-South states plan regional security network, demand full 13% derivation “The 13 per cent is supposed to be for the oil-producing states and that has not Should Nigerian government ban importation of generators?

30 Nov 2019 Oil producing communities in Bayelsa State have urged President of the Federal Republic of Nigeria, the payment of 13% derivation fund  against the. Nigerian state-oil multinationals alliance that has extracted oil from the return to the 50% oil derivation principle of revenue allocation to the region. Rivers Akwa Ibom Delta Bayelsa Ondo Imo Edo Abia Cross River $5.02 billion 4.57 3.9 3.6 0.88 0.28 0.24 0.24 0.19 Earnings from derivation fund (1999-2014)   Ebonyi State University Abakaliki Nigeria. Corresponding author: revenue on the principles of derivation to the oil producing area. The leadership of these 

Oil became a major source of income for the State at the end of the Nigerian civil a special bonus to oil-producing states, the so-called 'derivation' percentage,  [In round numbers, from the oil derivation pot, Delta receives 30% monthly, Rivers and Bayelsa 18%; Ondo 7%; Imo 2.5%; Cross River 2.3%; Abia 1.4% and Edo  The Federal States and Local Governments which constitute the three tiers of Revenue allocation in Nigeria, a central theme in government has a (iv) Derivation Allocation to the oil mineral producing states, and general ecological  Findings include that there is an imminent decline in Nigeria's oil reserve since in 1956 that oil production from the 48 contiguous United States would peak between 1965 and The derivation of Hubbert's analysis which is predictive [10. 5 days ago Underscoring the basis for the 13% derivation policy, Okowa posited that While stating that oil-producing states do not frown at the withdrawal of be done regarding the Nigeria National Petroleum Corporation (NNPC) and  Nigeria, because all of its production (100%) is off-shore, the state shall get no direct benefit from derivation. Instead the total value of it oil production will be paid  The injustice and chaos in the Niger Delta region of Nigeria resulting from the derivation and the NDDC) in the Niger Delta, the Minister of States, Petroleum