Anambra State made history as the latest oil-producing state in the country to be added to the list, receiving $4.3 billion in revenue.
Former Governor Willie Obiano announced in 2022 that the state would begin to receive the 13% allocation from FAAC.
The Nigeria Midstream and Downstream Pricing and Regulatory Agency (NMDPRA) confirmed the lifting of oil in commercial quantities from Anambra state.
READ ALSO: “Thank you for tolerating me” – President Buhari apologises to Nigerians
The Federal Account Allocation Committee (FAAC) report by the National Bureau of Statistics (NBS) revealed that Nigeria’s oil-producing states received a massive N970.2 billion as 13% oil derivation funds in 2022.
Delta State received the highest amounting to N296.6 billion, while Akwa Ibom followed with N222.5 billion.
Here are the Top oil-producing states and the amount received.
- Akwa Ibom: N222.5 billion
- Bayelsa State: with N188 billion
- Rivers: N169.8 billion
- Edo: N37.5 billion,
- Ondo: N25.9 billion
- Imo: N18.6 billion
- Abia N6.9 billion
- Anambra N4.2 billion
In other news, President Muhammadu Buhari has tendered an apology to Nigerians over his actions as he approaches the end of his eight-year in office.
President Buhari gave this appeal at the Banquet Hall of the Presidential Villa, Abuja, on Friday, April 21, during his final Sallah homage.
The 15th President of Nigeria expressed gratitude to Nigerians for exercising tolerance towards him during his administration.
