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N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared (13737 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 Goldymafia: 12:26pm On Oct 05, 2023
Uptheante:

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
you no serious for this talk..me when dey stay niger delta na u dey tell this lie
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Ykc2(m): 12:27pm On Oct 05, 2023
How can Ondo receive more than 1 billion?😏😏😏😏
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by membranus: 12:29pm On Oct 05, 2023
Uptheante:

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

Lamba!!!

Big lies and puerile excuses. Tell that to the birds.

All the money ended up in polithiefcians pockets.

3 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Gajagojo: 12:31pm On Oct 05, 2023
How come Rivers is ahead of other Niger Delta states in development

2 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by MIGHTYMAN82(m): 12:36pm On Oct 05, 2023
osuofia2:
smiley
180B NOTHING TO SHOW FOR. AT LEAST AKWA IBOM DE TRY. THE WORST IS BAYELSA
akwaibom try ad how? Abi keke riding as the only means of survival?

2 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Dongallant: 12:38pm On Oct 05, 2023
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by kenmaro: 12:46pm On Oct 05, 2023
May God bless you greatly for these words 🙏. This is exactly what I have always thought about too.

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 Die009: 12:50pm On Oct 05, 2023
And some people will say southwest no get oil see anambra see ondo
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by slowice(m): 12:56pm On Oct 05, 2023
If you are from rivers, delta, bayelsa and akwa Ibom know that They are wasting your development. Know that a few greedy men are wacking the growth of your state.

These states plus Lagos, Ogun, kano and kaduna have no reason not to be developing like Johannesburg and co.

3 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Hopemanfx: 1:08pm On Oct 05, 2023
ufotunang:
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
that retreat was held at akwa ibom house in lagos state.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Sunisonflex39(m): 1:09pm On Oct 05, 2023
Uptheante:

I guess it's because they produce more crude oil than Rivers state


If it's offshore, I'll agree..
80 percent of ibom crude are offshore

But onshore, rivers produce more..
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by IVORY2009(m): 1:11pm On Oct 05, 2023
muykem:
Assuming it's possible, they could have paid the money to a construction companies directly to come and execute projects.

The thieves called politicians would not allow that money for development, that has been the major problem of Nigeria from time in memorial.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by famology(m): 1:17pm On Oct 05, 2023
More funds to loot
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by bjdon: 1:22pm On Oct 05, 2023
Spirit04:
There are no roads in Delta and Edo state. Two states I'm very attached to
I feel you. I call both these states home, having lived in both. Its soon shameful to see the level of infrastructure decay. These states should be among the best in the nation, on terms of roads, schools, hospitals...

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by otokx(m): 1:32pm On Oct 05, 2023
bjdon:

I feel you. I call both these states home, having lived in both. Its soon shameful to see the level of infrastructure decay. These states should be among the best in the nation, on terms of roads, schools, hospitals...

The social media warriors of Okowa will not agree, they are all over X.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Coolgent(m): 1:38pm On Oct 05, 2023
And still, their people are leaving in abject poverty without access to good health care,education drinking water.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by siant: 1:42pm On Oct 05, 2023
Niger Delta states are supposed to be the most developed states in Nigeria, due to the oil revenue that accrues to them in term of 13% derivation, yet they are no better than every other state in the country. Abi what is the difference between Bayelsa and Ekiti? In what way is Akwa Ibom better than Kano? Is Delta more developed than Osun?

What each of these so called oil producing states gets is bigger than annual budgets of many West African countries.

2 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by adams123: 1:45pm On Oct 05, 2023
Where's Bello's own na .kogi?
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Gajagojo: 2:11pm On Oct 05, 2023
Ondo gets more than the SE

no wonder they are always attaching and saying we the SS/SE

They are not among
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by NAC1666: 2:21pm On Oct 05, 2023
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by U09ce: 2:26pm On Oct 05, 2023
NAC1666:

What about Bauchi and Gombe state,I thought they are oil producing state.

They have the oil and gas reserves. But they are yet to start production
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by ufotunang: 2:46pm On Oct 05, 2023
Hopemanfx:
that retreat was held at akwa ibom house in lagos state.
..so Akwa ibom has an Akwa ibom house in Lagos..then does Lagos State have a Lagos State House in Akwa ibom ?... wasting money building an Akwa ibom house in Lagos

3 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by adamumar522(m): 3:04pm On Oct 05, 2023
The SS, SE and SW masses won't hold their governors, politicians accountable, rather will be busy abusing abokis, Hausa's, Buharis in govt. Buhari paid 13 percent derivation arrears from 1999 to date to the governors, but the funds were embezzled.

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Som497: 3:27pm On Oct 05, 2023
Ola9ja23:
The IPOBidients would rather blame Tinubu for their misfortune
have sense for once
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Zico5(m): 3:28pm On Oct 05, 2023
Ondo alone is earning more than all the south east states.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by saysoo: 3:32pm On Oct 05, 2023
Gajagojo:
How come Rivers is ahead of other Niger Delta states in development
most of the oil companies are quatered in PH and operate from there so they pay tax to RSG.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Gajagojo: 3:41pm On Oct 05, 2023
saysoo:
most of the oil companies are quatered in PH and operate from there so they pay tax to RSG.
What tax do they pay? What is the name of the tax?
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by grandstar(m): 4:08pm On Oct 05, 2023
At the return of democracy in 1999, the oil producing states were demanding for resource allocations and for 50% derivation.

Now, their masses are no longer requesting for them seeing the 13% has largely been mismanaged.

If these states had been prudent with their funds, there'll be 3 times as many projects and state debt would be much lower.

2 Likes

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Agugbadin: 7:29pm On Oct 05, 2023
Delta state is biggest debtor state in this country despite the Billions received by the tgen Governor Okowa, no one knows what Ifeanyi Okowa did with Delta state fund.
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by Zico5(m): 7:32pm On Oct 05, 2023
Ykc2:
How can Ondo receive more than 1 billion?😏😏😏😏
Maybe u can write the federal government. There may be mistakes in the allocation
Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by CCIA: 7:34pm On Oct 05, 2023
Zico5:

Maybe u can write the federal government. There may be mistakes in the allocation
No mistake anywhere.

It was shared accurately according to the proportion which they produce

1 Like

Re: N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared by jared007: 7:45pm 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.
Delta Youths are the most idiotic and naive people I know. They are the ones encouraging the bad politicians.

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