Lagos Not Paid Derivation Funds As Oil Producing State In 2018 – Odusote

Lagos State Commissioner for Energy and Mineral Resources, Mr Olalere Odusote, on Friday said the state had not receive any derivation fund since it became an oil producing state in 2018.

The commissioner disclosed while answering questions at the 2020 Badagry Youth Oil and Gas Conference, organised by the ministry, themed “Youths Engagement in Oil and Gas Producing Area As a Panacea to Community Development”.

Odusote said, “Up till now, nobody in Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has calculated the amount due as derivation fund to Lagos State.

“From 2018 till date, I can tell you categorically that Lagos State has not received a single dime from the fund,” he said”.

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The commissioner promised that the state government would complete the Mile 2 Okoko section of the expressway in the next two years.

“We are going to do everything that we have promised so that Badagry will benefit from being a host community.

“Beyond that, we are going to see that Badagry gets what is due to it from the state.

“We will continue to deliver our promise to Badagry people and will develop the infrastructure that we promised.

“We expect the people to take advantage of the state skill acquisition programme to improve themselves and contribute to the economy,” he said.

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