The Governor of Enugu State, Peter Mbah, has urged the Federal Government to release the state’s 13 percent oil revenue share, in line with the derivation principle.
The Governor noted that in December 2022, Enugu was officially recognized as an oil-producing state following recommendations by the Inter-agency Technical Committee, which identified Anambra River Basin 1, 2, and 3 as eligible oil fields.
Mbah made the demand on Tuesday, when he received the Indices and Disbursement Committee of the Revenue Mobilisation, Allocation, and Fiscal Commission (RMAFC) at the Government House.