Delta State has secured 29% of Nigeria’s 13% oil derivation funds from 2015 to 2023

Between 2015 and 2023, Delta State consistently received significant portions of the 13% derivation fund, securing about 29% of Nigeria's total allocation over these years. This amounted to over ₦1.3 trillion out of the total of ₦4.72 trillion allocated to all the oil-producing states in the country.

The 13% derivation is part of Nigeria's federal revenue-sharing formula, where oil-producing states receive a portion of revenues generated from crude oil production in their regions. This allocation aims to enhance development and address these states' environmental and economic impacts.

Note: Data for December 2018 was estimated due to a lack of available information for that month.

Source:
National Bureau of Statistics
Period:
2015 - 2023
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