How State Govts Cheat Oil-Producing Communities

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 revenue from the Federation Account to the states as a derivation fund. In the last three years … Continue reading How State Govts Cheat Oil-Producing Communities