• President Buhari reviews 13% derivation to oil-producing states

    President Buhari reviews 13% derivation to oil-producing states

    President Muhammadu Buhari is presently reviewing the application of 13 per cent derivation allocation to the oil producing states, says Minister of state for Petroleum Resources, Dr.Ibe Kachikwu.

    Kachikwu, who disclosed this in Abuja during an interview with journalists shortly after the president launched the sector’s policy road map, noted that the move is part of Federal Government’s plans to address the issues confronting the Niger Delta.

    The Petroleum Sector Policy Road Map which was launched at the Presidential Villa is tagged: […]