Lagos state has not received any derivation fund since it became an oil-producing state in 2018. OilProduction RMAFC Lagos Nigeria
Odusote said this during the question and answer segment at the 2020 Badagry Youth Oil and Gas Conference, organised by the ministry.
“Up till now, nobody in Revenue Mobilisation Allocation and Fiscal Commission has calculated the amount due as derivation fund to Lagos State. He, however, assured the youths of Badagry that the state government would complete the Mile 2 Okoko section of the expressway in the next two years. Odusote appealed to the youths to allow Folawiyo petroleum to carry out the Corporate Social Responsibility as it had started.
“I don’t see any problem with the oil company, I think it has been a good citizen and I am sure it will fulfill these promises,” he said.
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