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    Home » Eleven states share N134bn under 13% derivation in one month

    Eleven states share N134bn under 13% derivation in one month

    February 1, 2026
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    *A view of Central Bank of Nigeria headquarters next to National. Ecumenical Centre in Abuja, Nigeria November 23, 2021. REUTERS/Afolabi Sotunde

    – Enugu, Kogi join beneficiaries

    Dublin, Ireland — Eleven oil and gas producing states in the country shared N134.356 billion from the country’s oil and gas revenue in November 2025, under the 13 per cent derivation fund, according to data obtained from the Office of the Accountant-General of the Federation (OAGF).

    In its December 2025 presentation to the Federation Account Allocation Committee (FAAC), the OAGF stated that the amount paid to the eleven oil-producing states in November 2025 was 4.98 per cent lower than the N141.395 billion received by the states in October 2025.

    The oil and gas producing states are Abia, Akwa Ibom, Anambra, Bayelsa, Delta, Edo, Imo, Ondo, and Rivers. Enugu and Kogi states were recently added to the list, for gas produced in their domains.

    Giving a breakdown of the funds shared by the nine states, the OAGF disclosed that gross allocation to the states from crude oil stood at N124.232 billion in November, compared with N130.196 billion in October; while gross derivation on gas, using new 13 per cent derivation indices, stood at N10.124 billion, down from N11.197 billion in the previous month.

    Further breakdown of the allocation on a state-by-state basis, showed that in the month of November 2025, Abia State collected N2.225 billion; Akwa Ibom’s share of the allocation was N29.216 billion; Anambra State received N1.087 billion; Bayelsa State – N26.013 billion; Delta State – N41.678 billion; Edo State – N3.655 billion; while Imo, Ondo and Rivers received N3.557 billion, N4.261 billion, and N22.664 billion, respectively.

    Two states, Enugu and Kogi states were newly added to the list of beneficiaries of the 13 per cent derivation fund, as both states received N144,167 each, from gas produced in the states.

    In comparison, in the month of October 2025, the OAGF noted that Abia, Akwa Ibom, Anambra, Bayelsa and Delta received N1.882 billion, N27.418 billion, N2.094 billion, N29.406 billion, and N45.923 billion, respectively, while N3.954 billion, N3.391 billion, N4.228 billion, and N23.098 billion, were allocated to Edo, Imo, Ondo and Rivers states, respectively.

    The 13 per cent oil derivation principle is a constitutional provision that mandates the allocation of 13 per cent of the country’s total mineral revenue to the states from which that revenue was extracted.

    The aim of the fund is to compensate these states for the environmental and infrastructural impacts of oil and gas exploration and to assist them in developing their communities.

    The fund was disbursed from the Federation Account to oil-producing states and is meant to provide direct benefits to oil-producing communities.

    In addition, explaining the sources of the funds from which the 13 per cent derivation monies were disbursed, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed that it collected N660.041 billion in November 2025, dropping by 24.4 per cent, compared with N873.105 billion collected in October 2025

    The NUPRC added that the N660.041 billion collected in October 2025 represented 54.78 per cent of its budgeted target of N1.205 trillion, blaming its inability to meet its target on fluctuations in the prices of crude oil and a shortfall in crude oil production.

    It also stated that “The Commission’s performance from January to November 2025 is N9.411 trillion, which is inclusive of Nigerian National Petroleum Corporation (NNPC) Limited Joint Venture (JV) and Production Sharing Contract (PSC) Royalty Receivables of N977.120 trillion, for the period of January to November 2025 and Project Gazelle receipt of N835.689 billion for the same period.”

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