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Crude oil

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23 September 2022

How Nigerian Oil Thieves Cost Nigeria $700 million Monthly

By Salmon Adedapo The Nation was shaken when NNPCL Group Managing Director Mele Kyari declared during a state briefing last week that the company lost 700 […]
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31 March 2021

Over N6trn received from 13% deprivation fails to impact lives in Oil-producing states

Rather than being used to improve residents’ conditions in the oil-producing communities, the 13 per cent derivation fund is being mismanaged, diverted and siphoned while the […]
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30 March 2017

FAAC Monitor: FG, States, LGs share N429.127billion as February 2017 Allocation

by Ywriter The Federal Government, States and Local Government Councils have shared a total of N429.127 billion federal revenue generated for the month of February 2017. […]
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16 December 2016

FAAC monitor: FG, States, LGs share N386 bn in Nov

by Ajadi Daniel The sum of N386.879 billion has been shared as allocation between the Federal government, State government and Local government councils of the Federation. […]
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