Solid Mineral Resources in Bayelsa State

Bayelsa State is the second largest oil state in Nigeria, producing 514,800 barrels (about 23.4%) of Nigeria’s 2.2 Million barrels of daily crude oil production at the time of this publication. Beyond abundant deposits of crude oil, the Bayelsa has other mineral resources, but because of the revenue it gets from oil production, it took the exploration … Read more

Mineral Resources in Anambra State

There are nine major mineral resources in Anambra state, but crude oil is most likely to fetch the state its highest revenue following an official designation of Anambra as an oil-producing state on September 2, 2021. Although the decision of the Federal Government to designate the state an oil-producing area was taken at the RMAFC’s … Read more

Mineral Resources in Akwa Ibom State

In 2021, Akwa Ibom State received NGN91.16 billion as derivation revenue from the Federal Government. Although the state is blessed with 11 major mineral resources, crude oil is the major resource that generates the most revenue for the state. However, the list of mineral resources that can be found in Akwa Ibom state are: Crude oil … Read more

Mineral Resources in Abia State

Abia state is blessed with seven major natural resources, however, oil/gas is the major focus of the state just the way Nigeria’s economy depends on crude oil.  It is one of the oil-producing states in Nigeria, as such, it gets derivation revenue like other states that are blessed with crude oil. Specifically, one of the … Read more

What Does Naira Float Mean For Form A Applicants?

The announcement of the Central Bank of Nigeria (CBN) on Wednesday, June 14, 2023, is good and bad news for Form A applicants, especially Nigerian students seeking to pay fees abroad. Let’s talk about the bad news: before the floating of naira, form A applicants got an official rate of 463.38/USD for their forex needs. … Read more