Investor Presentaiton
SUMMARY OF FINDINGS
Indigenes of the oil producing
communities across the Niger
Delta States desire that the
derivation funds should be
given directly to oil producing
communities for effective
management as the facilities
that exist, are not reflective of
the resources taken from
them or the damages done to
their environment.
Finally, our studies reveal that the
aggregate sum of N 6, 587,895,
590,862.78 (Six Trillion, Five
Hundred and Eighty-Seven
Billion, Eight Hundred and Ninety-
five Million, Five Hundred and
Ninety Thousand, Eight Hundred
and Sixty-two Naira and Seventy-
Eight Kobo), paid to the Niger
Delta States by the FAAC during
the Review Period, in compliance
with the provisions of Section 162
(2) of the Constitution, have had
little or no impact on its citizens.
VACIOE
ASSOCIATES
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