Curated News Summary

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

Source: dailypost.ng Published Wed, 28 Oct 2026 09:54:44 +0000
PANDEF demands 50% of crude oil revenue for Nigeria’s oil-producing states from FAAC

Why This Matters

Key context: <img width="1200" height="720" src="https://dailypost.ng/cms-api/media/file/PANDEF.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="PANDEF" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/cms-api/media/file/PANDEF.jpg 1200w, https://dailypost.ng/dp-img/400x240/cms-api/media/file/PANDEF.jpg.jpg 400w, https://dailypost.ng/dp-img/400x240/cms-api/media/file/PANDEF.jpg.jpg 400w, https://dailypost.ng/dp-img/820x492/cms-api/media/file/PANDEF.jpg.jpg 820w" sizes="(max-width: 1200px) 100vw, 1200px" /><p>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 [&#8230;]</p> <p><a href="https://dailypost.ng/2026/10/28/pandef-demands-50-of-crude-oil-revenue-for-nigerias-oil-producing-states-from-faac/">PANDEF demands 50% of crude oil revenue for Nigeria’s oil-producing states from FAAC</a></p> This development from dailypost.ng highlights ongoing changes in the sector.

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 revenue for Nigeria’s oil-producing states from FAAC

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