Which states are oil producing in Nigeria?

The nine oil-producing states in Nigeria shared N450. 60 billion from the federation account through the 13 percent derivation formula in 2021. Data from the National Bureau of Statistics (NBS) showed that Delta, Akwa-Ibom, Bayelsa, Rivers, Edo, Ondo, Imo, Lagos and Abia received the fund.

What are the 9 oil producing state in Nigeria?

Currently, we have only 9 crude oil producing States in Nigeria that could be said to be really harnessing their crude oil potentials. These states includes Akwa Ibom, Lagos, Delta, Rivers, Bayelsa, Ondo, Edo, Imo and Abia.

What are oil producing states?

Here are the 10 states with the highest oil production:

  • Texas (1,782,009)
  • North Dakota (431,241)
  • New Mexico (379,226)
  • Colorado (165,093)
  • Alaska (163,852)
  • California (144,349)
  • Wyoming (89,002)
  • Kansas (37,907)

Which state produces most oil?

The Top Oil-Producing States

  1. Texas. Total barrels annually (2020): 1.78 billion2.
  2. North Dakota. Total barrels annually (2020): 434.89 million2.
  3. New Mexico. Total barrels annually (2020): 370.40 million2.
  4. Oklahoma. Total barrels annually (2020): 171.74 million2.
  5. Colorado. Total barrels annually (2020): 167.83 million2.
  6. Alaska.

Does Abia State have oil?

Economy. The local government is the only crude oil producing area in Abia state. Its oil-producing communities include: Owaza, Uzuaku, Umuokwor, Umuahala and Umuorie, amongst others.

Which state has the highest oil allocation in Nigeria?

States earnings between 2015 to 2018 5 trillion (excluding the FCT’s allocation in 2016) was shared among the states as federal allocation, according to the NBS, with the oil-rich Akwa Ibom, Delta, Rivers, Bayelsa and Nigeria’s economic hub Lagos the highest beneficiaries.

Which state has most oil in Nigeria?

1. Akwa-Ibom. Akwa- Ibom is currently the largest oil producing state in Nigeria after displacing Rivers state from this position. It is located in the coastal area of Nigeria and is populated by over 5 million people according to the last census.

Where is oil found in Nigeria?

The most productive region of the nation is the coastal Niger Delta Basin in the Niger Delta or “South-south” region which encompasses 78 of the 159 oil fields. Most of Nigeria’s oil fields are small and scattered, and as of 1990, these small unproductive fields accounted for 62.1% of all Nigerian production.

Where are crude oil found in Nigeria?

The Nigerian National Petroleum Corporation (NNPC) says it has discovered hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North Eastern part of the country.

Which states have oil fields?

Assam , Gujarat and Rajasthan , which together account for more than 96 per cent of oil from onshore fields, and from the aged offshore Mumbai High Field . India holds 4,728,790,000 barrels of proven oil reserves as of 2016, ranking 24th in the world.

Which state has highest oil in Nigeria?