School in Nigerian oil community lies in ruins despite revenue

Despite Akwa Ibom state receiving N2.53 trillion in revenue, largely from oil derivation funds, the only school in an oil community in the region lies in ruins, highlighting a potential 'resource curse'.

16 May, 04:00 — 16 May, 04:00

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Premium TimesMostly Factual33d ago

Resource Curse? The only school in this Akwa Ibom oil community lies in ruins

Between May 2023 and December 2025, the administration of Governor Umo Eno received N2.53 trillion in revenue, with the largest chunk coming from the 13 per cent oil derivation fund. The post Resource Curse? The only school in this Akwa Ibom oil community lies in ruins appeared first on Premium Times Nigeria.

By Ekemini Simon

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School in Nigerian oil community lies in ruins despite revenue

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Resource Curse? The only school in this Akwa Ibom oil community lies in ruins

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