The Punch
Obasanjo advocates for higher derivation payments to oil-producing states
Former President Olusegun Obasanjo has supported demands to increase the 13 per cent derivation funds currently allocated to states producing oil.
The former leader suggested that the current 13 per cent share should be viewed as a baseline. He supports calls for an increase in these payments to oil-producing regions.
Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.