The Kogi State Governor, Yahaya Bello has confirmed the receipt of first payment of the 13 percent derivation fund as an oil producing state.

Bello disclosed this on Wednesday at a weekly executive council meeting held at the Lugard House in Lokoja.

The Revenue Mobilisation Allocation and Fiscal Commission had classified Kogi State as an oil producing state, which qualified it to receive 13 percent derivation fund from the federation account just like it’s counterpart oil producing states.

The commission however said that the state would only start to enjoy the 13 percent derivation when the Ibaji oil well starts production and contribute to to the federation account.

It is unclear however, if the oil well has commenced production.

This makes Kogi the first northern state to enjoy such privilege in the country.

Speaking further on the development, the state information commissioner said that it was true and expressed delight at the development.

“This means that the governor will have more funds to execute his many people-oriented projects he has started,” the commissioner noted.

When asked whether the burnt Kogi State House of Assembly would now be considered as a top priority project, the commissioner said that was left to the exco to decide when the time comes.

He said that there are many other on going projects in the education sector, health and many other infrastructure projects adding that there would be more funds available to execute them now.

https://www.google.com/amp/s/punchng.com/kogi-receives-first-payment-as-oil-producing-state/%3famp

Good

Okay now you can should be happy of Biafrans exit

Clown

Now you should be happy of Biafrans exit

Good news.

ok

More looting for Yahaya Bello

But why u come vex naw!

waterpouroverfl:
Okay now you can should be happy of Biafrans exit

Clown

Now you should be happy of Biafrans exit

Good
Restructuring is the way to some
One region in the south will still be blaming Tinubu fir their misery even is they get to control their resources
Their fore father's told them the reason for their poverty is cause all the port and aviation and infrastructure that was meant for them was taken to Lagos

Nyamuri:
But why u come vex naw!

Who vex ,


You think say I be like you

Hahaha! Dangote and Nigerian government know how to entice their enemies. All these na to let Dangote cement factory stay.

Alaigbo people go dey vex

Election money..
Bello should better use it to help flood victims ohhh

Congratulations to them, they should merry for it's a good thing.

Congratulations to the great Kogites

Useless, rubbish country.

The more they say they are trying to diversify the economy by looking into other sectors like agriculture and industries, the more they are looking for oil to drill.

Take away oil from Nigeria and the country will collapse.

Okay

frank14011991:
Alaigbo people go dey vex

They love the news, if Kogi is richer more traders in Onitsha will smile to the bank, Igbos want their hosts or neighbours to become rich so that they will get more patronage for their business

frank14011991:
Alaigbo people go dey vex

See how stupid some of you are? What concerns Igbo people in this? Must everything be tribal war to you??

Lol…the governor go just dey smile

Very funny country.
Kogi is in Northern Nigeria, just like Ogun state.

.

The commission however said that the state would only start to enjoy the 13 percent derivation when the Ibaji oil well starts production and contribute to to the federation account.

Counting your chicks b4 the eggs are hatched. Dem for wait make the well start to dey produce 1st.

Anything first payment is for flex.
not to talk of bringing it during election time.

Tinubu will not like this . He wants everything to be in the southwest only ..

Groundnut oil?

good development

I hope they're not stealing Anambra Oil through slant drillings.
Anambra government should do the needful checks. Buharis government is capable of every every

The same oil well that has caused clash between Kogi and Anambra state??

AlafinofEnugu:
Good
Restructuring is the way to some
One region in the south will still be blaming Tinubu fir their misery even is they get to control their resources
Their fore father's told them the reason for their poverty is cause all the port and aviation and infrastructure that was meant for them was taken to Lagos

Why does every SWner claim lagosian? Aren't you guys proud of your other states?

This is an innocent question Please, no insults.

All na politricks!

If this was awarded to a non-APC state/governor I would probably have taken it serious