It has emerged that nearly half of Nigeria’s federal government’s N1. 6 trillion 2014 capital votes went to the South- South, President Goodluck Jonathan’s geo-political zone.

The region got projects worth N639.306 billion which is more than the total amount of money spent on projects in the rest of the five geo-political zones of the country.

The figures are based on the analysis of contracts awarded during the year by the Federal Executive Council (FEC), at its weekly meetings chaired by President Goodluck Jonathan, thee Daily Trust reported today.

Zone-by-zone data analysis of federal projects are South-South: N639.306 billion; South-West: N256 billion; FCT:N193 billion; South-East: N111.3 billion; North-Central:N101 billion; North-West: N62.151 billion and North-East: N23.767 billion.
The total amount shared among the zones as shown above is N1.387 trillion.

This excludes N262 billion of the total amount spent on other programmes but not pinned down to any particular zone.
These are N240m approved for 44 SURE-P jeeps; $300m (N55.5bn) diaspora bond; N80bn global depository notes; $82m (N15.2bn) loan for polio eradication in the country; N1.1bn for two locomotives for new standard gauge rail line across the country; $495m (N91.57bn) for irrigation management in the country and N9.287 billion for the purchase of cooking stoves and wonder bags for rural women across the country.


The South-South zone also got billions as derivation fund, which is 13% of oil revenues accruing to the Federation Account.
Similarly, billions of naira was provided for the region through budgetary allocations to the Niger Delta Ministry and the Niger Delta Development Commission.

http://www.pmnewsnigeria.com/2014/12/31/jonathans-south-south-got-lion-share-of-n1-6trillion-capital-vote/

Look at all those parasites above leaching on the SS.
Anyway, by the time we commence true federalism, 99% will go to the SS.

A small FCT collect capital project pass the whole South Eastern states and the Northern States combined.

Ndigbo kwezenuo

tangible proof or keep shut.

.

The North East got the highest share to me because several billions of Naira that would have been used for the development of other regions and the country at large are being used in prosecuting senseless war against goats in human skin.

OP, try harder because this does not stop GEJ being the president till 2019.

Let me finish eating, I'll b baq

OP

That's what you get for making your region dependent on oil


Yorubas remember your prosperity lies in


1) Resource Control

2) Fiscal Federalism

3) Privatization

4) Political Federalism

5) Decentralization of Nigeria

6) Restructuring of Nigeria

6) Institutions giving detail account of their financial/other activities to the public through their websites/panels for public scrutiny every 3months.


Which are the fastest route to

I) economic diversification,
ii) citizenry prosperity
iii) political stability
iv) reduce corruption


These 7 points are the basis of True Federalism which can help Nigeria become a Super Power and a first world Nation.

Hmm

Am not from SS but the question should be shouldn't they get more? In advance clime he that pays the piper detects its tune in other words I support resource control.

I thought that Amaechi's song all along was that Mr President has refused to site any capital project in the SS in general and Rivers State in particular? APC should get their propaganda straight. Has Amaechi's position changed?

Lagos to Kano rail project alone is worth $8.3b. Abuja to Kaduna rail project is worth $500m. Abuja to Lokoja express way is being revived, Lagos Ibadan express way is undergoing total reconstruction, not renovation. So are many other high worth projects across the country. It will be very difficult for APC to transfer the ethnic bigotry tag from Buhari to GEJ, it doesn't just fit. It will be as unsuccessful as the attempt to paint him as a dictator, it doesn't just work. Try other areas, like 'kwarupshon'.

While at it, tell us whether Buhari agrees with his VP candidate that they will not reverse the subsidy removal policy (meaning that they agree that GEJ was right to have removed it in the first place). If he agrees with his VP candidate on that, do they also share the same idea that they rather use the subsidy savings to feed primary school pupils across the 36 states of the federation (constitutionally under the care of State governments save for FG interventions via UBE) rather than spend the savings on transforming our rail ways, tackle infant and maternal mortality and other areas that need government intervention?

I need to clearly understand the policy thrust of Buhari. The only problem is that he has not really thought about what his economic policy will look like, he just want power to 'pight kwarrupshon'!!

hmmm

How many percent of the money comes from there?