• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Monday, October 20, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Natural Resources

Anambra begins enjoying 13% oil derivation

Derivation

The Matters Press by The Matters Press
February 19, 2022
Reading Time: 1 min read
0
Kenya hits the globe for oil investment

Oil

Gov. Willie Obiano says Anambra will begin to earn 13 per cent derivation in line with its status as an oil producing state from March.

RELATED POSTS

Standing With the Bello Family – Justice Must Never Be Cheapened

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Obiano disclosed this at a parley with journalists in Aguleri, Anambra East Local Government Area after a tour of the Awka International Convention Centre and Anambra Cargo and passenger airport on Saturday.

He said he was notified by the Nigeria Midstream and Downstream Pricing and Regulatory Agency (NMDPRA) who had confirmed lifting of crude oil in commercial quantity in Anambra.

He said Anambra had 15 oil wells with ENIYE 10940 Oil field operated by SEEPCO fully operational and wholly owned by the state.

Obiano also said the rice production of the state had hit 530,000 metric tonnes yearly from the 85,000 metric tonnes capacity of 2014.

He said the revolution his administration brought into the agricultural sector made the state become not only self-sufficient in production but a net exporter of the commodity.

He said the state demand was just about 330,000 metric tonnes of the total output noting that a lot of businesses had been invested in the sector and that many family economies had been transformed by the boom.

He said the Anambra Airport which was fully operational would boost trade and commerce as well as export capacities of the state.

Obiano said the 10,000 capacity International Convention Centre would be inaugurated in March 9.

He noted that he would not be going for any political office but announced that his wife, Mrs Ebelechuwku Obiano, would be contesting for Anambra North Senatorial District.

Tags: AnambraDerivation
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
You led with distinction, CG of Customs, hails former boss,  Mohammed at 80
Economy/Technology

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

October 10, 2025
Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
Next Post
FCCPC, Shippers’ Council sign agreement for fair competition

FCCPC, others intensify enforcement of competition laws

$27.3bn lost to salinity-induced soil degradation annually–SSSN

Nigeria produces enough fertiliser

Recommended Stories

Nigeria targets $1.2bn export capacity for every state

NEPC seeks increased financing for exports

February 18, 2024
Nigeria suspends mining in Zamfara

Limestone granules factory for Ebonyi

January 6, 2023
Commission plans to liberate 38% illiterate Nigerians

Workers want palliatives to cushion effects of rising cost of living

November 10, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Standing With the Bello Family – Justice Must Never Be Cheapened
  • You led with distinction, CG of Customs, hails former boss, Mohammed at 80
  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us