Who own the crude oil in Nigeria?

Rather simple question won’t you say

To own a thing, implies you derive utility from it, so let’s answer by examining who derives utility from crude oil in Nigeria. Utility of course means taxes collected, who derives taxes from crude oil?

Yr 1958;

1. Oil Producing States retained 67.4% of Mining Rents & Royalties

2. Federal Government got 20% of Mining Rents & Royalties

3. Non-oil states got 12.6%

Crude oil and gas was owned by the oil producing states, that how the British left it.

In 1970, General Yakubu Gowan passed decree No 13,

1. Oil Producing States retained 45% of Mining Rents and Royalties

2. Federal Government got 55% of Mining Rents and Royalties

3. Non-oil states got 0%

Oil was only for the oil producing states & FGN

Then 1975, General Murtala Muhammed introduced Decree 6,

1. Oil Producing States retained 20% of Mining Rents and Royalties

2. Federal Government got 80% of Mining Rents and Royalties

3. Non-oil states got 0%

Oil producing states got 20% of oil revenues.

In 1976, Gen Obasanjo created a technical commission called the Aboyade Technical Commission, this was the result

1. Oil Producing States got 0% of Mining Rents and Royalties

2. Federal Government got 100% of Mining Rents and Royalties

3. Non-oil states got 0%