Delta, Bayelsa and Akwa Ibom lead in oil derivation funds
Three states—Delta, Bayelsa, and Akwa Ibom—received the majority of Nigeria’s oil derivation funds in the first quarter of 2026. Data from BudgIT Nigeria highlights how these states dominated the N321.90bn distributed among oil-producing states. The allocation reflects disparities in oil production and infrastructure across the country. States with smaller production volumes, like Enugu and Kogi, received only token amounts.
TLDR
- Delta received N101.60bn, Bayelsa N71.64bn, and Akwa Ibom N69.39bn, together accounting for about 75% of the total derivation allocation in the first quarter of 2026.
- Rivers followed with N46.09bn, making the top four states responsible for nearly 90% of all derivation funds shared during the period.
- Other states like Ondo, Edo, Imo, Abia, and Anambra received significantly smaller amounts, while Enugu and Kogi each got only N46,991.
- The 13 per cent derivation payment is determined by production volumes, favoring states with larger oil fields and infrastructure.
- Historical data shows derivation payments have increased, with oil-producing states sharing N1.51tn in 2025 and N671.9bn in 2024, and the number of beneficiary states rising from nine to eleven.
