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PANDEF demands 50% of crude oil revenue for Nigeria’s oil-producing states from FAAC

The Pan Niger Delta Forum, PANDEF, has demanded an increase in the derivation allocation to oil-producing states in Nigeria from the current 13 per cent to 50 per cent of revenue distributed by the Federation Account Allocation Committee, FAAC. Godknows Igali, PANDEF’s national chairman and a former Nigerian ambassador to Sweden, Denmark and Norway, disclosed […] PANDEF demands 50% of crude oil…

PANDEF demands 50% of crude oil revenue for Nigeria’s oil-producing states from FAAC

The Pan Niger Delta Forum, PANDEF, has called for a significant increase in the share of Nigeria's crude oil revenue that is allocated to oil-producing states. Currently, the Federation Account Allocation Committee, FAAC, sets the derivation allocation at 13 percent. However, PANDEF is demanding that this allocation be raised to 50 percent.

Godknows Igali, PANDEF's national chairman and a former ambassador to Sweden, Denmark, and Norway, made this demand in a statement following a meeting in Abuja. PANDEF also urged the abolition of the onshore-offshore split in revenue allocation. The group argues that the 13 percent derivation principle was established in the 1999 Constitution due to years of demands from oil-producing states for a larger share of revenue generated from natural resources.

PANDEF believes that raising the derivation allocation to 50 percent is necessary to address the long-standing developmental issues, environmental damage, health hazards, and socio-economic consequences of oil and gas exploration and production. According to the latest FAAC report, oil-producing states received an additional N236.049 billion as their 13 percent derivation allocation in September 2026.

Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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