I have no apology for praising Buhari over release of 13% derivation fund – Wike

The Rivers State Governor, Nyesom Wike, said on Saturday he would not apologise to anybody for praising President Muhammadu Buhari for approving the release of funds owed to states in the Niger Delta since 1999.

Wike, who spoke at the 2022 Rivers State honours and awards ceremony in Port Harcourt, noted that the funds helped him to execute projects for the people of the state.

The presidency on Friday revealed that nine oil-producing states – Abia, Akwa-Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo and Rivers – received N625.43 billion as 13 percent oil derivation, subsidy and SURE-P refunds from the federation account between 2021 and 2022.