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USD/NGN 1,335.69GBP/NGN 1,785.82USD/NGN black market ₦1,395GBP/NGN black market ₦1,880EUR/NGN 1,533.01JPY/NGN 8.50CAD/NGN 954.66

FG moves to ensure equitable 13% derivation fund distribution, re-verifies oil wells

The Federal Government through the RMAFC has moved to ensure equitable distribution of the 13% derivation fund among oil-producing states through the re-verification of disputed and newly drilled oil and gas wells. The…

Aggregated · originally by Nairametrics
20 Sept 2026, 15:30 WAT · 3 min read
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FG moves to ensure equitable 13% derivation fund distribution, re-verifies oil wells

The Federal Government through the RMAFC has moved to ensure equitable distribution of the 13% derivation fund among oil-producing states through the re-verification of disputed and newly drilled oil and gas wells. The…