Delta, Bayelsa and Akwa Ibom received about 75% of the N321.90bn oil derivation funds shared among 11 states in Q1 2026Delta got the highest allocation at N101.60bn, followed by Bayelsa with N71.64bn and Akwa Ibom with N69.39bnThe huge gap in payments reflects differences in oil production, with new producers Enugu and Kogi receiving only N46,991 each
Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.
Delta, Bayelsa and Akwa Ibom accounted for almost three-quarters of the N321.90bn shared among Nigeria’s oil-producing states as derivation revenue in the first quarter of 2026.
Data analysed by BudgIT Nigeria, based on figures from the National Bureau of Statistics and the Federation Account Allocation Committee, showed that 11 states received payments under the 13 per cent derivation arrangement between January and March 2026.
Delta, Bayelsa, Akwa Ibom share 75% of Nigeria’s N321bn oil money in first 3 months of 2026Source:
