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How Oil Derivation Fund Is Shared - Statisense - Politics - Nairaland

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EFCC, 9 States Bicker Over N84.7bn Mismanaged From 13% Derivation Fund / N180bn For Delta, Akwa Ibom Got N130bn — N544bn Derivation Fund Was Shared / South-South Governors, Leaders Demand 50% Oil Derivation (2) (3) (4)

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How Oil Derivation Fund Is Shared - Statisense by EcoBrick: 7:12pm On Jul 19, 2023
HOW OIL DERIVATION FUND IS SHARED

JAN 2023
1 🟤Akwa Ibom: 27.85%
2 🟤Delta: 25.95%
3 🟤Rivers: 18.74%
4 🟤Bayelsa: 18.59%
5 🟤Edo: 3.34%
6 🟣Ondo: 3.18%
7 🟢Imo: 1.15%
8 🟢Anambra: 0.86%
9 🟢Abia: 0.34%

Total shared in Jan 2023: ₦150.1bn

#StatiSense
(FAAC)

https://twitter.com/StatiSense/status/1681705816921866243?t=XK2lXMq0YfFu-53WKyUYZw&s=19

109 Likes 5 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by Zupay: 7:15pm On Jul 19, 2023
And it is not reflective in those states as most end up in private pockets.

96 Likes 6 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by Ikaeniyan0: 7:15pm On Jul 19, 2023
Only God knows what Bayelsa is using her money for

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Re: How Oil Derivation Fund Is Shared - Statisense by RockHard: 7:18pm On Jul 19, 2023
So Ondo produces more oil than all the South-East states put together? Odiegwu o.

220 Likes 15 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by Sweetrosie(f): 7:20pm On Jul 19, 2023
RockHard:
So Ondo produces more oil than all the South-East states put together? Odiegwu o.

Yes oo


With absolutely nothing to show for it other than the usual dried and rusty brown roofs

Akure

234 Likes 24 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by ozo13(m): 7:20pm On Jul 19, 2023
Despite the high percentage gotten by bayelsa on monthly basis( got almost 28billion naira Just for the month of Jan 2023), they remain one of the poorest state in the country.something is fundamentally wrong with the state.

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Re: How Oil Derivation Fund Is Shared - Statisense by Tifnubudrugs: 7:25pm On Jul 19, 2023
RockHard:
So Ondo produces more oil than all the South-East states put together? Odiegwu o.

Abia State oil production is unusually low. Even Imo State too. I hope they're not manipulating these figures.

Meanwhile, what happened to Lagos after all the noise? You guys think taping crude oil from West African pipeline will make you oil producing state.

77 Likes 9 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by SmartPolician: 7:48pm On Jul 19, 2023
Akwa Ibom spends so much on infrastructure and needs to start lifting its people out of poverty. Yes, infrastructure is good, but when you empower people, they can build their infrastructure.

BTW, what are Delta and Bayelsa States doing with all the money they receive? Despite all the allocations they receive, they cannot build decent capital cities. Money is good, but judicious use of money is more important.

118 Likes 6 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by taylor89(m): 7:57pm On Jul 19, 2023
BeLookingIDIOT:

The nine top oil producing states in Nigeria are:

Akwa Ibom- the largest oil producer with 31.4% (504,000 BPD)
Delta – 21.56% (346,000 BPD)
Rivers – 21.43% (344,000 BPD)
Bayelsa – 18.07% (290,000 BPD)
Ondo – 3.74% (60,000 BPD)
Lagos – 2.64% (40,000 BPD)
Edo – 2.06% (33,000 BPD)
Imo-1.06 % (17,000 BPD)
Abia-0.68% (11,000 BPD)

As you can see, even the South West is producing 4× for oil than the barren SE

So why una come dey fear to stay una own as a country

Why are you people begging for unity

With Rivers at 21% we’re good to go as a country

SE will get their Biafra and we will have our Niger Delta Republic

57 Likes 2 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by TERMlNATOR(m): 7:57pm On Jul 19, 2023
.

1 Like

Re: How Oil Derivation Fund Is Shared - Statisense by Throwback: 7:57pm On Jul 19, 2023
SouthEast still struggling to play catchup with the SouthWest even in oil derivation funds.

No wonder they constantly beg for unity with SouthSouth with the SE/SS assertion in most of their discussion.

148 Likes 8 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by TERMlNATOR(m): 8:01pm On Jul 19, 2023
BeLookingIDIOT:

The nine top oil producing states in Nigeria are:

Akwa Ibom- the largest oil producer with 31.4% (504,000 BPD)
Delta – 21.56% (346,000 BPD)
Rivers – 21.43% (344,000 BPD)
Bayelsa – 18.07% (290,000 BPD)
Ondo – 3.74% (60,000 BPD)
Lagos – 2.64% (40,000 BPD)
Edo – 2.06% (33,000 BPD)
Imo-1.06 % (17,000 BPD)
Abia-0.68% (11,000 BPD)

As you can see, even the South West is producing 4× for oil than the barren SE
olodo
How much be ur own share?

22 Likes 3 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by RecentHistory: 8:37pm On Jul 19, 2023
taylor89:
Why them no share give Lagos & Ekiti

Shebi ronu people say them get oil

I keep telling them it’s only Ondo that has oil and that ondo oil sef no reach to run I pass my neighbor generator for 24hrs

Parasites and Unity beggars

Ondo has more oil than your the 5 mini states in your barren region combined. grin

56 Likes 7 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by RecentHistory: 8:39pm On Jul 19, 2023
taylor89:

So why una come dey fear to stay una own as a country

Why are you people begging for unity

SS get economy and Presidency
SS get oil feeding Nigeria
North get population, food and politics

Wetin una get?
UGM and mkpurummiri grin

Only slaves beg for freedom
You are begging for freedom
Therefore, you are........

40 Likes 3 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by RecentHistory: 8:41pm On Jul 19, 2023
SmartPolician:
Akwa Ibom spends so much on infrastructure and needs to start lifting its people out of poverty. Yes, infrastructure is good, but when you empower people, they can build their infrastructure.

BTW, what are Delta and Bayelsa States doing with all the money they receive? Despite all the allocations they receive, they cannot build decent capital cities? Money is good, but judicious use of money is more important.

Someone from a place where they give their mothers 500 Naira for giving birth is advising Akwa Ibom.
He is even advising Edo and Delta.
Businesses open on Mondays in Akwa Ibom but your own mother hides under the ground like cocoyam every monday.

Wetin Kanu no go see for Jubril hand grin

One thing I like about Igbos is that they have solutions to every problem and everyone's problems.

Everyone's problems except their own problems.

45 Likes 5 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by Throwback: 8:51pm On Jul 19, 2023
taylor89:
Why them no share give Lagos & Ekiti

Shebi ronu people say them get oil

I keep telling them it’s only Ondo that has oil and that ondo oil sef no reach to run I pass my neighbor generator for 24hrs

Parasites and Unity beggars

See as you disgraced yourself.

If Ondo oil is not enough to run your generator, then SouthEast oil is not enough to anoint your forehead.

158 Likes 7 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by rummmy: 8:53pm On Jul 19, 2023
RockHard:
So Ondo produces more oil than all the South-East states put together? Odiegwu o.
ijaw oil are not for yorubas.

27 Likes 2 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by rummmy: 8:55pm On Jul 19, 2023
So the huge oil in Lagos and gombe are all buhari scams grin

16 Likes

Re: How Oil Derivation Fund Is Shared - Statisense by taylor89(m): 8:56pm On Jul 19, 2023
Throwback:


See as you disgraced yourself.

If Ondo oil is not enough to run your generator, then SouthEast oil is not enough to anoint your forehead.

Adamu

Na you disgrace yourself

I’m not from SE

She-male

25 Likes

Re: How Oil Derivation Fund Is Shared - Statisense by saintfieldcastro: 8:57pm On Jul 19, 2023
Any day an Igbo man will rule this country, we shall know the true derivation level..Watch out as Tinubu adjusts Ondo and even include Lagos to overtake Edo and possibly Bayelsa state. Nigeria needs restructuring. You claim Lagos is the largest Economy in Africa, yet you hate to hear disintegration of Nigeria. Why can't you work for disintegration of this country according to Language and ancestry, so that you can have your Lagos State to yourselves? Why are you Afraid?
I want disintegration along ethnic lines. Igbos in Southeast, Igbos in South South, And in Benue, Kogi should be brought together to form a country.

43 Likes 2 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by RecentHistory: 9:00pm On Jul 19, 2023
saintfieldcastro:
Any day an Igbo man will rule this country, we shall know the true derivation level..Watch out as Tinubu adjusts Ondo and even include Lagos to overtake Edo and possibly Bayelsa state. Nigeria needs restructuring. You claim Lagos is the largest Economy in Africa, yet you hate to hear disintegration of Nigeria. Why can't you work for disintegration of this country according to Language and ancestry, so that you can have your Lagos State to yourselves? Why are you Afraid?
I want disintegration along ethnic lines. Igbos in Southeast, Igbos in South South, And in Benue, Kogi should be brought together to form a country.

Una don hear say Kogi get oil, una wan add am to una Biafra .
No wonder, you guys said they should scrap state of origin and use state of residence.
I now understand you people's plan.

29 Likes 4 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by Ikaeniyan0: 9:01pm On Jul 19, 2023
rummmy:
ijaw oil are not for yorubas.
Majority of the oil wells in Ondo state are located in Ilaje land, not Ijaw land.

38 Likes 2 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by RecentHistory: 9:03pm On Jul 19, 2023
rummmy:
ijaw oil are not for yorubas.

Have you ever seen Ijaw complain about Yoruba taking their oil? No
That's because the oil in Ondo is in the Ilaje areas.

But Shibuke who is from a landlocked place where they tie their mothers on Mondays like native fowl is here crying on behalf of Ijaws.

51 Likes 5 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by Nice2023(m): 9:05pm On Jul 19, 2023
RockHard:
So Ondo produces more oil than all the South-East states put together? Odiegwu o.


Yet u can't compare Ondo state with Abia state in both infrastructure,road network,education,industry and sports.

There is a ditch opposite the govt house in AKURE.

Very disgraceful.

A visit will convince,as i just left there yesterday. It is a shame to say what u dont know.


The only state in the entire Yoruba land where u can see good development apart from Lagos is Illorin in kwara state kudos to Saraki.

30 Likes 3 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by Queseda: 9:32pm On Jul 19, 2023
Throwback:


See as you disgraced yourself.

If Ondo oil is not enough to run your generator, then SouthEast oil is not enough to anoint your forehead.
grin grin grin grin grin

4 Likes

Re: How Oil Derivation Fund Is Shared - Statisense by Throwback: 9:51pm On Jul 19, 2023
Tifnubudrugs:


Abia State oil production is unusually low. Even Imo State too. I hope they're not manipulating these figures.

Meanwhile, what happened to Lagos after all the noise? You guys think taping crude oil from West African pipeline will make you oil producing state.


Folawiyo operates the Aje oilfield that is the only producing field attributed to Lagos.

Lagos crude oil is offshore and mostly beyond the 200 nautical miles off the coast, so all of the oil revenue beyond this Exclusive Economic Zone accrues only to the federal government and not Lagos state. Only one of the wells for Folawiyo Aje field was reported to be within the 200 nautical miles zone, so some derivation should ordinarily accrue to Lagos state for that.

117 Likes 4 Shares

Re: How Oil Derivation Fund Is Shared - Statisense by Ola9ja23: 9:01am On Jul 20, 2023
G
Re: How Oil Derivation Fund Is Shared - Statisense by Curious346: 9:02am On Jul 20, 2023
Hnmm

Aside Akwaibom and my state anambra , every other state in that list is a play ground of corruption,

6 Likes

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