Kogi State received the first derivation allocation for September as an Oil Producing State
By Ishaya Ibrahim, News Editor
Kogi has officially become an oil-producing state after receiving its first 13 per cent derivation from the Federation Account, says the state’s Information Commissioner, Kingsley Fanwo.
With the addition of Kogi, there are now ten oil-bearing states in Nigeria. They are Akwa Ibom, Bayelsa, Delta, Rivers, Imo, Abia, Lagos, Edo, Ondo and now Kogi. But only four states – Rivers, Akwa Ibom, Delta and Bayelsa, produce 80 per cent of Nigeria’s total crude oil.
Kogi State’s Governor, Yahaya Bello, dropped the cheering news during the weekly cabinet meeting, says Fanwo.
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The governor assured residents of his administration’s determination to continue to record more wins for the state.
“It’s on record that this administration has recorded many giant strides in various sectors covering the thematic areas of our governor’s New Direction Blueprint.
“This new breakthrough in the “derivation allocation will no doubt make us do more for our people.
“On breaking the news, our governor said he was so elated to announce to the good people of Kogi State that the administration has received our first derivation allocation as an Oil Producing State.
“This announcement is in line with the administration’s commitment to transparency and accountability, for which we have received many awards
“We worked hard to make this history. But we wouldn’t have achieved it without the support of our people, who stood resolutely with us to make this see the light of day.
“We also wish to express our gratitude to President Muhammadu Buhari for his leadership roles as well as the RMAFC for making this a reality,” he stated.
The Commissioner further said that Bello restated his promise to the people that he would ensure that the resources worked for them.
”We will build more schools, and hospitals and construct more roads. We will empower our youth and women. Under my watch, we will ensure security.”
While noting that the allocation came at a time the State Government was building legacy projects across the state, the governor pledged to ensure “judicious use of the derivation allocation”.
“Our governor has once again proved that he is a goal-getter with the tenacious manner he defended the interest of the state to be listed as an Oil Producing State, ” the Commissioner said.