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N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared (13765 Views)

How Oil Derivation Fund Is Shared - Statisense / How $300 Million NNPC Fund Was Secretly Lodged’ / Delta, Akwa Ibom Received Largest State Allocations In 2018 (2) (3) (4)

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Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by EdiskyHarry: 11:41am On Oct 05, 2023
Akwa ibom State government, atleast you have something to use and build new hotels, worship centers, 20 lanes roads and, stadiums while we are suffering here.

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by GeneralPula: 11:41am On Oct 05, 2023
oyeb15:
Those funds ought to be share directly to d accounts of the citizens of those states.
Lol..

You want make them kill the president be that..

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Kcfresh2103(m): 11:42am On Oct 05, 2023
undecided
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by ojialo(m): 11:44am On Oct 05, 2023
Asaba should be one of the best cities in Nigeria if not Africa but I don't understand if this is Africa thing or we are cursed

2 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Jcomtrader: 11:44am On Oct 05, 2023
Ola9ja23:
The IPOBidients would rather blame Tinubu for their misfortune

all these people who have yemi and ola in their names no dey always get sense

3 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by jimmyvic(m): 11:44am On Oct 05, 2023
Despite the huge derivation funds, distributed to these states regularly,
they still:
-top the nation's unemployment rate chart

-have uncleared backlogs of gratuities dating as far back as 8years and more

-high level of insecurity in the states

-thousands of white elephant projects littered across the state

SMH....I weep for Akwa Ibom

2 Likes 1 Share

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Jcomtrader: 11:45am On Oct 05, 2023
EdiskyHarry:
Akwa ibom State government, atleast you have something to use and build new hotels, worship centers, 20 lanes roads and, stadiums while we are suffering here.

i hate the way that state is run
like people in uyo will be hearing billions but they are broke

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by ufotunang: 11:46am On Oct 05, 2023
And go to a this states that received the huge billions of naira ...bad roads, no rural development,... villages, communities in bad condition, no constant electricity light, their people in poverty hardship unemployment

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by MyVILLAGEpeople(m): 11:47am On Oct 05, 2023
GeneralPula:
Mehn..

State like Bayelsa, what exactly are they doing with their money?

The 13 percent derivation fund differs from the three percent provided for host communities in the Petroleum Industry Act (PIA), from the oil companies operating expenses (OPEX).

These people are receiving money no be small!


And nothing to write about. Bayelsa is just one big glorified village.

7 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by sageb: 11:47am On Oct 05, 2023
jimmyvic:
Despite the huge derivation funds, distributed to these states regularly,
they still:
-top the nation's unemployment rate chart

-have uncleared backlogs of gratuities dating as far back as 8years and more

-high level of insecurity in the states

-thousands of white elephant projects littered across the state

SMH....I weep for Akwa Ibom

The sad reality 😔

3 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Shantyken(m): 11:48am On Oct 05, 2023
After collecting this kind money, there will still be dragging federal government to come and develop the state.

2 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by MyVILLAGEpeople(m): 11:48am On Oct 05, 2023
Creamypie:
Them delta own will be looted, sent abroad, then the remaining change, used to buy mansions for their girlfriends in Asaba

Lol. Nobe lie bro

5 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Shantyken(m): 11:49am On Oct 05, 2023
jimmyvic:
Despite the huge derivation funds, distributed to these states regularly,
they still:
-top the nation's unemployment rate chart

-have uncleared backlogs of gratuities dating as far back as 8years and more

-high level of insecurity in the states

-thousands of white elephant projects littered across the state

SMH....I weep for Akwa Ibom

I really weep honestly.

2 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Ttipsy(f): 11:49am On Oct 05, 2023
Interesting

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Cantonese: 11:50am On Oct 05, 2023
Spirit04:
There are no roads in Delta and Edo state. Two states I'm very attached to

No roads keh? How do you go out? How do you return home, assuming you reside in Delta state? How do you go from Warri to Asaba? From Agbor to Eku? From Kwale to Ogwashi? No be road you dey pass? How do you get to Asaba head bridge? No be bridge dey Koka so? How do you move around in Warri, Ughelli, etc?

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by ofuonyebi: 11:51am On Oct 05, 2023
Those useless and wasteful Governors among them will just squander the peoples money for jamboree projects
and Owambe at the expense of the suffering masses and the dead infrastructures....

EFCC should be at Alert and start monitoring the funds because of these thief-thief governors
to bring those who shot-change the people to book without delay

4 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by ufotunang: 11:51am On Oct 05, 2023
That is why the Akwa state governor held a retreat at Lagos to do a meeting, conference in which he could had done it in Akwa ibom state... because he has billions of naira from 13% derivation to waste he went to Lagos to do the retreat, meeting, conference at Lagos with his commission r s and government officials

5 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Cantonese: 11:52am On Oct 05, 2023
Sunisonflex39:
So it's half a billion dollars..but yet nothing to show in the aforementioned states..

But why ibom money dey big pass Rivers State money..?

They produce more.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Sk5050: 11:52am On Oct 05, 2023
Criminal political looters.
I weep for Bayelsa.

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by gabbytabby: 11:54am On Oct 05, 2023
You give job to elected adult come start to think like this join.

It’s really a shame with the uselessness of our politicians. The state assembly to join.

Kings having to become slaves in foreign lands.

muykem:
Assuming it's possible, they could have paid the money to a construction companies directly to come and execute projects.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by RepoMan007: 11:59am On Oct 05, 2023
Dreal1247:
The land of Delta State is bitterly weeping over the gross wastage of the resources meant to upgrade the state to one of the most beautiful States in Nigeria. But the predating politicians have made her one of the most infracturaly backward states in the country.
30Bn per month yet stori stori. Lol
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by RepoMan007: 12:02pm On Oct 05, 2023
Cantonese:


No roads keh? How do you go out? How do you return home, assuming you reside in Delta state? How do you go from Warri to Asaba? From Agbor to Eku? From Kwale to Ogwashi? No be road you dey pass? How do you get to Asaba head bridge? No be bridge dey Koka so? How do you move around in Warri, Ughelli, etc?
New or old roads?

If old, are they being maintained by DTSG?

For how much if they re maintaining them?
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Ogonimilitant(m): 12:05pm On Oct 05, 2023
What of Derivation from solid minerals
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Uptheante(m): 12:05pm On Oct 05, 2023
GeneralPula:
Mehn..

State like Bayelsa, what exactly are they doing with their money?

The 13 percent derivation fund differs from the three percent provided for host communities in the Petroleum Industry Act (PIA), from the oil companies operating expenses (OPEX).

These people are receiving money no be small!
Most of the money goes into providing security against militancy, kidnapping & pipeline vandalism. They also spend a lot to clean up oil spillage
Hence, the state govt has little left to fund developmental projects

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Uptheante(m): 12:07pm On Oct 05, 2023
Sunisonflex39:
So it's half a billion dollars..but yet nothing to show in the aforementioned states..

But why ibom money dey big pass Rivers State money..?
I guess it's because they produce more crude oil than Rivers state
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Uptheante(m): 12:10pm On Oct 05, 2023
Sk5050:
Criminal political looters.
I weep for Bayelsa.
Most of the money given to Bayelsa state is spent on providing security against militancy, pipeline vandalism & kidnapping which are prevalent in such area. They also spend a lot to clean up oil spillage.
The state govt has little left to execute developmental projects after spending a lion share of money on the aforementioned

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Uptheante(m): 12:11pm On Oct 05, 2023
Shantyken:
After collecting this kind money, there will still be dragging federal government to come and develop the state.
It's because much of the money goes into provision of security & oil spill clean up
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by BloomingDale(f): 12:12pm On Oct 05, 2023
Delta state should start holding their governors accountable. Some of the men should train as assassins so they can take out any government that does not perform. All this democratic voting is nonsense. Delta men too dull.

5 Likes 1 Share

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by nathyx(m): 12:13pm On Oct 05, 2023
Why should the proceeds of Nigerian
crude oil be shared amongst only a few states? This is abruptly wrong. angry
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Mvnster: 12:17pm On Oct 05, 2023
theophorus:
Delta one of the "worstest" state to live in.

A state that's suppose to be the Dubai of Nigeria.
Okowa and him gang of thieves should be hanged

2 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by DTaj: 12:22pm On Oct 05, 2023
GeneralPula:
Mehn..

State like Bayelsa, what exactly are they doing with their money?

The 13 percent derivation fund differs from the three percent provided for host communities in the Petroleum Industry Act (PIA), from the oil companies operating expenses (OPEX).

These people are receiving money no be small!

God bless you, bro/sis! Bayelsa State has the lowest number of Local Government Areas (LGAs) in Nigeria- only 8- and nothing in that state reflects this huge allocations they receive from regular FAAC, 13% derivation, NDDC, Amnesty Programme, etc, etc. They keep voting rogues...

Even if these politicians, who are former and current Governors of Bayelsa State (like Delta State) steal, shouldn't we even see some minimum use of their resources?

6 Likes 1 Share

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by membranus: 12:25pm On Oct 05, 2023
Cantonese:


No roads keh? How do you go out? How do you return home, assuming you reside in Delta state? How do you go from Warri to Asaba? From Agbor to Eku? From Kwale to Ogwashi? No be road you dey pass? How do you get to Asaba head bridge? No be bridge dey Koka so? How do you move around in Warri, Ughelli, etc?

All dilapidated roads.

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