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How Federal And States Government Shared 8.8 Trillion In 2012 - Politics - Nairaland

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How Federal And States Government Shared 8.8 Trillion In 2012 by Maxymilliano(m): 7:56am On Jan 26, 2013
Facts have emerged that a total of N8.8 trillion accrued to the three tiers of government from the Federation Account between January and December 2012 from the statutory and VAT allocations.

According to a report by an authoritative online medium, Economic Confidential magazine, this amount is exclusive of other allocations such as derivation (for oil-producing states), excess crude account, domestic crude account, subsidy reinvestment programme (SURE-P), Nigerian National Petroleum Corporation refund and foreign exchange differentials.
From statistics provided by the medium,

South-South states received the highest allocations;

With Akwa-Ibom receiving N217,776,188,886.07, followed by Rivers State which received N177,488,261,117.17. Bayelsa State got N115,743,144,031.67; Delta State got a total of N156,052,071,645.19,
while Edo State got N68,169,040,433.24. Cross River State N63,894,575,941.74

Allocations to the South Western States;

Lagos State got a total of N168,688,367,207.00 (the highest in the region), followed by Oyo State, which received a total of N93,524,683,879.60.
Other states in the region:
Ondo, got N78,416,358,272.47 (apart from 13 per cent derivation funds);
Osun, N72,200,789,928.64;
Ogun, N68,975,959,765.69
and Ekiti, N50,303,046,508.

Allocations to the North-Central States;

Niger State got the highest, with a total allocation of N79,747,942,955.64,
followed by Benue State, which got N74,603,841,100.92.
Plateau got a total of N59,990,295,696.88; Kogi N70,564,808,263.64;
Kwara N52,393,463,610.54
Nassarawa, N49,262,377,875.93;
and FCT, N19,130,584,542.15.

Allocations to the five South-East states are as follows:

Abia, N63,964,695,387.15;
Anambra, N71,968,922,762.11;
Enugu, N62,548,484,175.02;
Ebonyi, N45,335,956,658.49
and Imo N77,410,109,305.85.

In Northwest, Sokoto State received N74,313,032,890.28;
Kebbi, N63,796,638,658.10;
Kaduna, N81,046,716,051.44;
Kano, N130,005,314,633.13;
Katsina, N96,823,335,677.90;
Zamfara, N58,718,959,085.4
and Jigawa N81,595,023,492.97.

Allocations to the Northeast;

Borno State received N86,937,123,465.06;
Taraba State, N64,934,346,702.87;
Yobe, N63,558,436,853.11;
Adamawa, N69,270,963,933.11;
Bauch, N78,754,834,467.25
and Gombe, N48,750,924,392.47.

The Federal Government got a whopping N2,430,374,155,844.59

Although the figures include allocations to the 774 local governments, they were not separated from those of the states because a common practice in almost all the states is the lack of fiscal freedom for the councils.

“The states help the local governments to spend their money” was how a financial analyst put it during the week.

The online medium also noted that the disparity in the allocations to the states came as a result of the indices developed by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), upon which the monthly disbursements are made by the Federation Accounts Allocation Committee (FAAC) chaired by the Minister of State for Finance.

The indices include population, land mass, derivation, equality, internally generated revenue and other social development factors like school enrolment, hospital beds and road networks.

http://tribunemobile.com/readNewsItem1.php?nid=2795

I believe we'll achieve much in our quest for accountability from our leaders if we channel a fraction of our aggression on the Federal Government to The State Governments in our demands for probity...
Re: How Federal And States Government Shared 8.8 Trillion In 2012 by Paulipopor: 8:57am On Jan 26, 2013
Akwa ibom!!!
Re: How Federal And States Government Shared 8.8 Trillion In 2012 by karlmax2: 9:31am On Jan 26, 2013
Nice thread now. Let's access the money states collected and the rate of development that's on ground
Re: How Federal And States Government Shared 8.8 Trillion In 2012 by hercules07: 9:49am On Jan 26, 2013
karl max: Nice thread now. Let's access the money states collected and the rate of development that's on ground

Who got the lion share between the states and the FG, there are 36 states and one FG, we can see what states that get less than 5% are doing, what is the FG doing with its humongous allocation.
Re: How Federal And States Government Shared 8.8 Trillion In 2012 by Paulipopor: 9:56am On Jan 26, 2013
hercules07:

Who got the lion share between the states and the FG, there are 36 states and one FG, we can see what states that get less than 5% are doing, what is the FG doing with its humongous allocation.

there's need to be accountability from both the states and federal governments.
Looking at it from whats on ground, the federal government has more responsibilities than the states, from the civil service to security to foreign affairs, power, transportation etc...
Like i said they both need to be accountable. We need not be biased or one-sided in this matter.
Re: How Federal And States Government Shared 8.8 Trillion In 2012 by hercules07: 10:11am On Jan 26, 2013
Paulipopor:

there's need to be accountability from both the states and federal governments.
Looking at it from whats on ground, the federal government has more responsibilities than the states, from the civil service to security to foreign affairs, power, transportation etc...
Like i said they both need to be accountable. We need not be biased or one-sided in this matter.

I do not have a problem with accountability, but, this thread was opened to put pressure on states, meanwhile FG with a whopping 56% can not point at a tangible thing achieved.
Re: How Federal And States Government Shared 8.8 Trillion In 2012 by Maxymilliano(m): 10:37am On Jan 26, 2013
hercules07:

I do not have a problem with accountability, but, this thread was opened to put pressure on states, meanwhile FG with a whopping 56% can not point at a tangible thing achieved.

Far from it, the thread is not opened to put pressure on States, the government at the central has always been at the receiving end of most critiques from Nigerians, is there a crime in assessing for once what States earned in a fiscal year and how it translates into improve standard of living for the denizens?

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