…as OML 113 ceases operations
Starting from its status as an oil-producing state, Lagos, Nigeria’s largest economy state by GDP, earned N3.911 billion between 2018 and 2021 from the statutory 13 percent derivation.
However, the state’s stream of revenue from the oil derivation has been sta
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Seyi John Salau
Seyi John Salau is a BusinessDay Correspondent with interest in development journalism, which tells stories that connect the people, brands, and the government. SeyiJohn is also a media professional with BSc, Mass Communition (ACU); Masters of School Media (MSM, Ibadan) & MSc, Mass Communication (Caleb).
