Obasanjo Backs Calls for Increase in 13% Derivation to Oil-Producing States
Former President Olusegun Obasanjo has backed calls for an increase in the 13 per cent derivation allocation to oil-producing states, saying the existing share should serve as a starting point for further negotiations. Obasanjo spoke on Monday at the flag-off of the crude distillation unit of the $1bn Azikel Refinery in Obunagha, Yenagoa Local Government Area of Bayelsa State. He said oil-producing states and communities had not received a fair […]
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