How Lagos Joined Oil Producing States Through YFP, CESL
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BY TONI KAN In 2018 and just before the end of 2019, the nine oil producing states received a total sum of N942 billion as their share of the 13% derivation principle. That sum is broken down to N640.0 billion in 2018 and N302 billion (in the first 7-months) of 2019. The oil producing states in Nigeria are Delta, Akwa-Ibom, Bayelsa, Rivers, Edo, Ondo, Imo, Abia and Lagos. Lagos state,…
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