{"id":293,"date":"2021-09-08T15:59:51","date_gmt":"2021-09-08T14:59:51","guid":{"rendered":"https:\/\/coastaltimes557122118.wordpress.com\/2021\/09\/08\/breaking-kogi-anambra-now-oil-producing-states-set-to-receive-13-derivation-funds\/"},"modified":"2021-09-08T15:59:51","modified_gmt":"2021-09-08T14:59:51","slug":"breaking-kogi-anambra-now-oil-producing-states-set-to-receive-13-derivation-funds","status":"publish","type":"post","link":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/09\/08\/breaking-kogi-anambra-now-oil-producing-states-set-to-receive-13-derivation-funds\/","title":{"rendered":"BREAKING: Kogi, Anambra Now Oil-Producing States, Set To Receive 13% Derivation Funds"},"content":{"rendered":"\n

Coastal News<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Anambra and Kogi States may have finally joined the league of Oil Producing States in Nigeria as their oil wells have been recognised by the Revenue Mobilisation Allocation And Fiscal Commission.<\/p>\n\n\n\n

The development was sequel to a letter from RMAFC to a request by Alhaji Yahaya Bello for due share of revenue accruing to the nation from oil and gas production activities in Kogi State.<\/p>\n\n\n\n

In the letter sighted by the Economic Confidential, the states would also benefit from the 13 per cent Derivation Fund once the proceeds from the oil wells are contributed to the Federation Account.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

In the approval letter signed by RMAFC\u2019s secretary, M.B. Shehu, and addressed to Obiano, the Commission approved the attribution of 11 oil wells wholly to Anambra State.<\/p>\n\n\n\n

The Commission also approved attribution of Anambra River One, Two and Three oil wells to be shared on on per cent basis each between Anambra and Kogi States pending the final delineation of boundaries of the two states.<\/p>\n\n\n\n

The 11 oil wells wholly attributed to Anambra state are Nzam-One oil well, Alo-One oil well and Ogbu-One oil well.
Others are Ameshi One, Two, Three and Four oil wells, as well as Enyie One, Two, Three, and Four oil wells.<\/p>\n\n\n\n

Meanwhile, the Commission insisted that for the states to benefit from the 13 per cent Derivation Fund, the proceeds from the operations of the oil wells should be contributed to the Federation Account.<\/p>\n\n\n\n

The Economic Confidential gathered that the oil wells in Anambra and Kogi States are not producing at the moment.<\/p>\n\n\n\n

Source: Gbaramatuvoicenews<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Coastal News Anambra and Kogi States may have finally joined the league of Oil Producing…<\/p>\n","protected":false},"author":1,"featured_media":292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[14],"tags":[255],"class_list":["post-293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion","tag-kogi-state"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/oil-facility-1.jpg?fit=600%2C300&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":1006,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/11\/10\/breaking-kogi-lagos-anambra-others-to-be-included-in-nddc\/","url_meta":{"origin":293,"position":0},"title":"BREAKING: Kogi, Lagos, Anambra, Others To Be Included In NDDC","author":"Coastal Times","date":"November 10, 2021","format":false,"excerpt":"Coastal News The Amendment of a bill to include Kogi, Lagos, Anambra, Gombe and others among the Niger Delta Development Commission (NDDC) scaled second reading at the Senate on Wednesday. The bill titled: \u201cA bill for an Act to amend the Niger Delta Development Commission (NDDC), Act No 6, 2000\u2026","rel":"","context":"In "Opinion"","block_context":{"text":"Opinion","link":"https:\/\/coastaltimes.com.ng\/opinion\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211110-213440_gallery-1.jpg?fit=1080%2C710&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211110-213440_gallery-1.jpg?fit=1080%2C710&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211110-213440_gallery-1.jpg?fit=1080%2C710&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211110-213440_gallery-1.jpg?fit=1080%2C710&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211110-213440_gallery-1.jpg?fit=1080%2C710&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":898,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/10\/26\/breaking-pandef-demands-increase-of-13-derivation-funds-to-50\/","url_meta":{"origin":293,"position":1},"title":"BREAKING: PANDEF Demands Increase Of 13% Derivation Funds To 50%","author":"Coastal Times","date":"October 26, 2021","format":false,"excerpt":"Coastal News Yenagoa_____The Pan Niger Delta Forum (PANDEF) has condemned a bill seeking to expunge Section 2, Subsection 2 of the 1999 Constitution, sponsored by 59 members of the House of Representatives from the Northern part of the Country.The group made this known following a communique issued at the end\u2026","rel":"","context":"In "Opinion"","block_context":{"text":"Opinion","link":"https:\/\/coastaltimes.com.ng\/opinion\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/10\/screenshot_20211026-184314_chrome-1.jpg?fit=1080%2C1095&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/10\/screenshot_20211026-184314_chrome-1.jpg?fit=1080%2C1095&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/10\/screenshot_20211026-184314_chrome-1.jpg?fit=1080%2C1095&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/10\/screenshot_20211026-184314_chrome-1.jpg?fit=1080%2C1095&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/10\/screenshot_20211026-184314_chrome-1.jpg?fit=1080%2C1095&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5267,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2026\/01\/07\/stop-paying-13-oil-derivation-to-state-governments-channel-funds-to-funding-mega-projects___ndelta-activist-mulade-tells-tinubu\/","url_meta":{"origin":293,"position":2},"title":"Stop Paying 13% Oil Derivation To State Governments, Channel Funds To Funding Mega Projects___N\u2019Delta Activist, Mulade Tells Tinubu","author":"Freeborn Abraye","date":"January 7, 2026","format":false,"excerpt":"By Ebiowei Gabriel Renowned Niger Delta environmental and human rights activist, Chief Mulade Sheriff, PhD, has called on President Bola Ahmed Tinubu, GCFR, to halt the current practice of paying the 13 per cent oil derivation funds directly to oil-producing state governments, advocating instead for the funds to be channelled\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/coastaltimes.com.ng\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2026\/01\/img_6830.jpg?fit=565%2C353&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2026\/01\/img_6830.jpg?fit=565%2C353&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2026\/01\/img_6830.jpg?fit=565%2C353&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":306,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/09\/08\/nta-staff-stoned-to-death-in-kogi\/","url_meta":{"origin":293,"position":3},"title":"NTA Staff Stoned To Death In Kogi","author":"Coastal Times","date":"September 8, 2021","format":false,"excerpt":"Coastal News A Nigerian Television Authority, (NTA) Staff identified as Chukwu Odiahu has been killed in Okene, Kogi State by unknown individuals. The late Odiahu who works at the engineering department of the NTA boaster station in Okene was stoned to death on Tuesday evening after he closed from work.\u2026","rel":"","context":"In "Crime"","block_context":{"text":"Crime","link":"https:\/\/coastaltimes.com.ng\/crime\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210908-224855_wordpress-1.jpg?fit=1080%2C880&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210908-224855_wordpress-1.jpg?fit=1080%2C880&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210908-224855_wordpress-1.jpg?fit=1080%2C880&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210908-224855_wordpress-1.jpg?fit=1080%2C880&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210908-224855_wordpress-1.jpg?fit=1080%2C880&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":567,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/09\/28\/hold-gov-okowa-responsible-for-any-breakdown-of-law-order-in-delta__creek-dragons-tells-buhari\/","url_meta":{"origin":293,"position":4},"title":"“Hold Gov Okowa Responsible For Any Breakdown Of Law, Order In Delta”__Creek Dragons Tells Buhari","author":"Coastal Times","date":"September 28, 2021","format":false,"excerpt":"Coastal News In what could seem to be the sound of trouble in Delta State, a dreaded militant group has resurfaced after almost a year of hibernation but this time with a daring message to His Excellency, Sen. Dr. Ifeanyi Okowa, Governor of Delta State. The dreadful group had in\u2026","rel":"","context":"In "Crime"","block_context":{"text":"Crime","link":"https:\/\/coastaltimes.com.ng\/crime\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210928-123835_chrome-1.jpg?fit=1080%2C685&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210928-123835_chrome-1.jpg?fit=1080%2C685&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210928-123835_chrome-1.jpg?fit=1080%2C685&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210928-123835_chrome-1.jpg?fit=1080%2C685&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210928-123835_chrome-1.jpg?fit=1080%2C685&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1021,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/11\/15\/inc-vows-to-resist-senators-move-to-include-non-oil-producing-states-to-nddc\/","url_meta":{"origin":293,"position":5},"title":"INC Vows To Resist Senators Move To Include Non-Oil Producing States To NDDC","author":"Coastal Times","date":"November 15, 2021","format":false,"excerpt":"Coastal News Ijaw National Congress, INC, has said the Ijaw nation would vehemently resist any attempt by the National Assembly to expand the coverage area of the Niger Delta Development Commission, NDDC, to include non oil producing states. Publicity Secretary of INC, Engr. Ezonebi Oyakemeagbegha, while reacting to a motion\u2026","rel":"","context":"In "Opinion"","block_context":{"text":"Opinion","link":"https:\/\/coastaltimes.com.ng\/opinion\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211115-200045_fotogrid-1.jpg?fit=1070%2C631&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211115-200045_fotogrid-1.jpg?fit=1070%2C631&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211115-200045_fotogrid-1.jpg?fit=1070%2C631&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211115-200045_fotogrid-1.jpg?fit=1070%2C631&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/11\/screenshot_20211115-200045_fotogrid-1.jpg?fit=1070%2C631&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/pfDfBE-4J","_links":{"self":[{"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/posts\/293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/comments?post=293"}],"version-history":[{"count":0,"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/posts\/293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/media\/292"}],"wp:attachment":[{"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/media?parent=293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/categories?post=293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coastaltimes.com.ng\/index.php\/wp-json\/wp\/v2\/tags?post=293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}