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Despite huge federal allocation, Bayelsa among list of insolvent states

The Annual State Viability Index (ASVI) ranked Bayelsa — one of Nigeria’s oil-producing states — as an insolvent state, despite the huge federal allocation the state received in 2020. The

Bayelsa suspends agreements between host communities, oil firms

The Bayelsa state government has suspended all agreements between host communities and international oil companies. In a statement on Friday, Duoye Diri, governor of Bayelsa, said agreements between oil firms

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