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Oil-producing states

News, Oil & Gas

Oil-producing states get over N625bn from FG in two years — Presidency

The Presidency on Friday revealed that nine oil-producing states received N625.43bn 13 percent oil derivation, subsidy, and SURE-P refunds from the Federation Account in two years. “The states that received the refunds dating from 1999 to 2021 are Abia, Akwa-Ibom,…

NewsDirect
December 2, 2022