Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16

    December 15, 2025 --- 11:43 pm

    2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants

    December 14, 2025 --- 8:16 pm

    FG Approves $2.27bn Bakassi Deep Seaport in Cross River

    December 14, 2025 --- 7:32 pm
    Facebook X (Twitter) Instagram
    Trending
    • Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16
    • 2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants
    • FG Approves $2.27bn Bakassi Deep Seaport in Cross River
    • INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise
    • Lawyer Faults Cross River LG Chairman’s Resignation
    • Supreme Court Upholds Maryam Sanda’s Death Verdict
    • Governor Fubara, House of Assembly Reignite Old Rivalry
    • South-South Governors, PDP Mourn Bayelsa Deputy Gov’s Death
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Sports
    • Contact Us
    Straightnews
    Home»News»Akwa Ibom collected N280b as recent 13% oil derivation backlog- Gov candidate
    News

    Akwa Ibom collected N280b as recent 13% oil derivation backlog- Gov candidate

    straightnewsng.comBy straightnewsng.comNovember 21, 2022 --- 12:30 pmNo Comments3 Mins Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    Senator Bassey Albert- straightnews
    Senator Bassey Albert
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email

    Akwa Ibom Government is said to have collected N280 billion as the 13 per cent crude oil derivation backlog from the Federal Government.

    The 13 per cent derivation backlog accrued from 1999 and was approved and released by President Muhammadu Buhari to the benefiting states in tranches.

    Last week during commissioning of flyover in Port Harcourt, Rivers State Governor, Nyesom Wike blew the lid by challenging his counterparts in the Niger Delta Region to account for the monies and to tell their subjects what they have used the refunds for to better the lots of the masses.

    Also read

    • Account For 13% Oil Derivation Backlog Paid by Buhari- Wike tells N/Delta Governors
    • Akwa Ibom, Bayelsa, Delta, others get 13% derivation backlog- Wike
    • Recalculated oil derivation: Akwa Ibom tops list to receive N2.42trn- Court
    • Anger flies over non-disclosure of N171.2b 13% derivation revenue arrears

    The Senator representing Akwa Ibom North East (Uyo) senatorial district at the National Assembly, Obong Bassey Albert, popularly known as OBA, said Wike’s disclosure has validated his exposition that Governor Udom Emmanuel recently received N280 billion from the Federal government without accounting for it.

    Akpan, who is Akwa Ibom governorship candidate of the Young Progressives Party, YPP, stated this during a ward-to-ward campaign in East Itam, Itu Local Government of Akwa Ibom State.

    OBA at the ward campaign alleged that he was offered billions of naira to leave his governorship ambition and return to the Senate but he rejected the offer.

    He noted that the money was the proceeds from the state government’s share of 13 percent derivation arrears paid to Niger Delta States which amounted to N600 billion already collected by the Udom Emmanuel administration.

    He lamented that despite the huge sums of money received by the governor, the state has nothing to boast about.

    “When I said he (Udom) received N280 billion, they said it was politics. They said I was interested in finance. Yes, I will need Akwa Ibom money to empower the people of Akwa Ibom State as the next Governor…Thank God for Governor Nyesom Wike.

    “What Udom has received is enough to develop Itu and Ibiono. All the funds that were not paid to South-South states from oil proceeds put together was $2.56 billion. The amount paid to Akwa Ibom was $1.1 billion (N600 billion). Udom has received over N3 trillion.

    ‘‘But there is nothing to show for it. Out of that money they asked me to come and receive billions and go back to the Senate, I told them I don’t want it!”.

    “I am aware that you are all hungry, but we will satisfy you. As you vote for me and other YPP candidates, your prosperity is coming. Governor Wike has commissioned 12 flyovers, but our Governor struggled to build one.

    ‘‘We should ask him to tell us what he is doing with our money. Today, our Government owes more than N36 billion in gratuities to our retired civil servants and primary school teachers,” he said.

     

     

    East Itam-Itu Local Government Federal Government(FGN) Governor Udom Emmanuel Niger Delta Region Obong Bassey Albert-OBA Port Harcourt President Muhammadu Buhari(PMB) Rivers State Governor Nyesom Wike Young Progressives Party-YPP
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise

    December 13, 2025 --- 11:41 pm

    How an Akwa Ibom Keke Operator who Returned Gospel Singer’s Lost Bag smiles to Bank

    December 12, 2025 --- 1:01 am

    Tinubu, Barau, Eno and Idem Felicitate Akpabio at 63

    December 9, 2025 --- 6:10 pm

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    Death

    Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16

    By straightnewsng.comDecember 15, 2025 --- 11:43 pm0

    Australia’s leaders agreed on Monday, December 15, to introduce stricter gun laws after the country’s…

    2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants

    December 14, 2025 --- 8:16 pm

    FG Approves $2.27bn Bakassi Deep Seaport in Cross River

    December 14, 2025 --- 7:32 pm

    INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise

    December 13, 2025 --- 11:41 pm

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • Australia Plans Stricter gun laws after deadly Bondi sh00tings Claiming 16
    • 2025 Christmas: Governor Announces ₦150,000 Bonus For Civil Servants
    • FG Approves $2.27bn Bakassi Deep Seaport in Cross River
    • INEC: 76,534 new voters registered in Akwa Ibom’s CVR exercise
    • Lawyer Faults Cross River LG Chairman’s Resignation
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2025 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.