Home Oil and Gas Kogi joins oil producing states, gets derivation allocation

Kogi joins oil producing states, gets derivation allocation

by Business News Report

Kogi has finally joined the league of oil producing states in Nigeria as it received the first derivation allocation from the Federation Account. Mr Kingsley Fanwo, Information Commissioner, disclosed this shortly after the State Executive Council Meeting at Government House, Kogi. Fanwo said that Gov Yahaya Bello, who dropped the cheering news during the meeting, 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 the 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, 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. (NAN)

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