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Oil-producing regions get revenue payout

    ABIDJAN

    The governments of Nigeria's nine oil-producing states have received about US $110 million under an arrangement introduced by President Olusegun Obasanjo that provides for them to get 13 percent of oil revenue, AFP reported Information Minister Jerry Gana as saying. The amount covers the first three months of this year.

    The states had long demanded a higher share of national oil revenues -- previous regimes never paid them more than three per cent -- to compensate for the disruption caused by oil production and provide funds for the development of non-oil industry and infrastructure.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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