Lagos state and Cross River state have been delisted as oil producing state as the state failed to produce crude oil in commercial quantities in the last three years. Cross river state has since surrenderred it oil well to Akwa ibom state in a Supreme Court settlement.

YoungRay007:
Lagos state and Cross River state have been delisted as oil producing state as the state failed to produce crude oil in commercial quantities in the last three years. Cross river state has since surrenderred it oil well to Akwa ibom state in a Supreme Court settlement.

YoungRay007:
Lagos state and Cross River state have been delisted as oil producing state as the state failed to produce crude oil in commercial quantities in the last three years. Cross river state has since surrenderred it oil well to Akwa ibom state in a Supreme Court settlement.

Huncle, was Lagos state an oil producing state b4?

Lagos had oil?

The two litters of oil have finished. As of January 2021 Iagos didn't receive a dime as 13% derivation due to no oil production. Discovering oil and having it in commercial quantities are two different things

Emergingnation:
Lagos never an oil producing states...

That is not true, because Folawuyo is seriously tapping crude oil at my backyard right now.

Emergingnation:
lie, Lagos isn't mong Niger Delta states that collects 13% oil derivation

Currently this are oil producing states in Nigeria.

Akwa Ibom

Rivers state

Bayelsa state

Edo state

Ondo state

Abia state

Imo state

Anambra state... Anambra is just newly added

Kogi... Is not yet fully recognized


L

well, just come to Badagry just try to locate Ajido area, ask the locals about oil well around am sure they will point it to you.

YoungRay007:
Lagos state and Cross River state have been delisted as oil producing state as the state failed to produce crude oil in commercial quantities in the last three years. Cross river state has since surrenderred it oil well to Akwa ibom state in a Supreme Court settlement.

HAAA! Akwa Ibom should give Cross River some oil wells nah. As per Lagos, even if Oil dey, na one man get everything

Lagos crude oil was an oduduwa scam

Emergingnation:
lie, Lagos isn't mong Niger Delta states that collects 13% oil derivation

Currently this are oil producing states in Nigeria.

Akwa Ibom

Rivers state

Bayelsa state

Edo state

Ondo state

Abia state

Imo state

Anambra state... Anambra is just newly added

Kogi... Is not yet fully recognized


L

Mmm Oga where is Delta State?

Emergingnation:
Sorry I got

oga u dey decive urself.. ask Google now u will see Lagos there...

viyon02:
well, just come to Badagry just try to locate Ajido area, ask the locals about oil well around am sure they will point it to you.

Trying to convince a monkey that hotdog is better than banana is not wise my brother, hate have beclouded those IPOB members brain

PandoraObi:
Trying to convince a monkey that hotdog is better than banana is not wise my brother, hate have beclouded those IPOB members brain

Am not an lpop member, am a lagosian, am just telling you what l know, why can't you goggle it and find out yourself bro.

viyon02:
Am not an lpop member, am a lagosian, am just telling you what l know, why can't you goggle it and find out yourself bro.

Not you, brother, it the IPOB member you are quoting, the criteria of being an IPOB member is to submit his/her brain to Kanu

Emergingnation:
Lol ! Logas your Imaginery oil producing states..... Show me the platforms where oil are drained in Lagos

u people talk like fool... Did u meant other tribes / states are fool for allowing Lagos State to duped them ... Nnpc website indicated that Lagos produced 40k barrel more than imo and abia states...September 13 derivation was given to them and u are here insinuating that Lagos it's frauding other states about is oil status...

•LASG intensifies oil committee campaign
’Femi Asu

Lagos, which joined the league of oil-producing states in the country in 2016, received a total of N131.94m as its share of the 13 per cent derivation fund from January 2018 to October 2019; data from the National Bureau of Statistics have shown.

Oil-producing states are entitled to 13 per cent derivation fund from the Federation Account. Others are Abia, Akwa Ibom, Bayelsa, Delta, Edo, Imo, Ondo and Rivers.

First oil was achieved in the Aje field offshore Lagos in May 2016, 20 years after it was discovered.

January to October this year, Lagos received derivation fund of N1.92m in March this year, while it got N130.01m in March 2018, according to the NBS data.

Yinka Folawiyo Petroleum Company Limited, a wholly owned indigenous firm, is the operator of the Oil Mining Lease113, where the field is located.

Other partners are Pan Petroleum Aje Limited (a subsidiary of Panoro Energy), New Age Exploration Nigeria Limited, EER (Colobus) Nigeria Limited, and PR Oil & Gas Nigeria Limited (the holder of MX Oil’s investment in the field).



One of the JV partners, ADM Energy (formerly MX Oil) said in October that the Aje field had multiple oil, gas and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.

The firm said the field had two producing wells, Aje-4 in the Cenomanian and Aje-5 in the Turonian.

Meanwhile, the Lagos State Government on Monday said it was working on an aggressive promotion of a bill to institutionalise the establishment of Lagos State Oil Producing Areas Community Development Committee.

It said this was part of efforts to ensure the support of relevant segments of the society and unhindered operation in oil-producing areas of the state.

The Lagos State Commissioner for Energy and Mineral Resources, Olalere Odusote, disclosed this during the Lagos State Oil Producing Areas Community Relations Committee Engagement Forum in Badagry.

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According to him, the ratification of the bill and the introduction of a Lagos State Oil Producing Areas Community Relations (Omnibus) Bill, along with other pending and ongoing regulatory, judicial and state reforms will make the state to become a top community engagement standards-compliant organisation.

The commissioner said the bill was aimed at institutionalising the collaborative social responsibility effort that was put in place to ensure that relevant stakeholders including women, youths and traditional rulers.


READ ALSO: FG, World Bank supporting social programmes with $1.8bn, says Minister

While assuring the inclusion of indigenes in the employment plan of the relevant companies operating within the communities, Odusote promised to encourage oil companies to engage in Corporate Social Responsibility intervention projects for the benefit of host communities.

He assured stakeholders that the Badagry Youth Conference would hold as scheduled.

“We have obtained the necessary approvals from Mr Governor for the conference to hold. In the next few weeks, the ministry will announce the modalities for the conference,” he said.

He commended the efforts of traditional rulers in the area whom, he said, had been in the forefront of the success of the committee for their dedication, commitment, unity of purpose and loyalty to the cause of developing their communities and the state.

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Copyright PUNCH.



All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: theeditor@punchng.com

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YoungRay007:
Lagos state and Cross River state have been delisted as oil producing state as the state failed to produce crude oil in commercial quantities in the last three years. Cross river state has since surrenderred it oil well to Akwa ibom state in a Supreme Court settlement.

I know u be nyamiri
Read dis in other to clear it mumurism
LASG intensifies oil committee campaign
’Femi Asu

Lagos, which joined the league of oil-producing states in the country in 2016, received a total of N131.94m as its share of the 13 per cent derivation fund from January 2018 to October 2019; data from the National Bureau of Statistics have shown.

Oil-producing states are entitled to 13 per cent derivation fund from the Federation Account. Others are Abia, Akwa Ibom, Bayelsa, Delta, Edo, Imo, Ondo and Rivers.

First oil was achieved in the Aje field offshore Lagos in May 2016, 20 years after it was discovered.

January to October this year, Lagos received derivation fund of N1.92m in March this year, while it got N130.01m in March 2018, according to the NBS data.

Yinka Folawiyo Petroleum Company Limited, a wholly owned indigenous firm, is the operator of the Oil Mining Lease113, where the field is located.

Other partners are Pan Petroleum Aje Limited (a subsidiary of Panoro Energy), New Age Exploration Nigeria Limited, EER (Colobus) Nigeria Limited, and PR Oil & Gas Nigeria Limited (the holder of MX Oil’s investment in the field).



One of the JV partners, ADM Energy (formerly MX Oil) said in October that the Aje field had multiple oil, gas and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date.

The firm said the field had two producing wells, Aje-4 in the Cenomanian and Aje-5 in the Turonian.

Meanwhile, the Lagos State Government on Monday said it was working on an aggressive promotion of a bill to institutionalise the establishment of Lagos State Oil Producing Areas Community Development Committee.

It said this was part of efforts to ensure the support of relevant segments of the society and unhindered operation in oil-producing areas of the state.

The Lagos State Commissioner for Energy and Mineral Resources, Olalere Odusote, disclosed this during the Lagos State Oil Producing Areas Community Relations Committee Engagement Forum in Badagry.

Cross River state has lots of oil...lots of palm oil