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Federation Account Allocation: Who Is Short-changing Who? - Politics (2) - Nairaland

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Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians / Refineries To Pay Into Federation Account From 2016 – Kachikwu / Mohammed Dikwa Appointed Accountant-General Of The Federation By Buhari (2) (3) (4)

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Re: Federation Account Allocation: Who Is Short-changing Who? by chei: 4:08pm On Sep 02, 2013
Most of the funds beings remitted to the FG account are from FG investments.
The 300 billion "contributed" to the FG account from the south west are remittances from the NPA, airports, etc.
You are trying to make it look like yorubas "dash" the FG 300 billion every month while that's far from it.
The ports are not owned by yorubas or did they build them.
Re: Federation Account Allocation: Who Is Short-changing Who? by Abagworo(m): 4:48pm On Sep 02, 2013
cKaiser: All the states in the SW minus Lagos do not have a Port, Nor an international airport



WHy are the business men interested in RIvers State not doing the same for Abia or Imo who are just stone throws

The truth is that Abia is benefiting from Rivers but on a lower scale because of long term systemic deprivation. Southeast is presently the poorest zone in Nigeria in terms of Government but the people of the Southeast are the richest in terms of wealth distribution. We lack Government presence but individually, we are comfortable.

Take a look at Nassarawa State areas like Keffi, Nyanya etc. They are benefiting from their proximity to FCT and Ogun has enjoyed that for over 40years.

Then finally anyone claiming that any region generates funds is lying to himself. What does Nigeria export to get foreign exchange? How much did the non-oil sector earn for Nigeria in May 2013? What the SW claims to be revenue is only an internal redistribution of oil revenue.

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