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Ministry Of Finance Release Federal Allocation Figures - Politics - Nairaland

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Ministry Of Finance Release Federal Allocation Figures by ludamix(m): 1:19pm On Jun 12, 2015
As released by the Federal Ministry of
Finance, the total allocation to all the
South-West states, namely, Lagos, Osun,
Oyo, Ondo, Ekiti and Ogun for January this
year and shared in February was N15.1
billion, while Akwa Ibom State alone with a
population less than 3 million people got
N13.9 billion!”. “For the same period.
Bayelsa State, at arguably 2 million people,
got N10 billion and Rivers State got N10.3
billion. Between Kano and Jigawa states,
which used to be one state like Lagos
State, they got N7 billion. Lagos State only
got N3.4 billion.
“If you remove Ekiti State with the lowest
allocation of just N2.3 billion, Akwa Ibom
State alone gets more allocation than the
rest of the South-West states put together
including Lagos. And guess what?
Hundreds of thousands of Akwa Ibom
State citizens are in Lagos State enjoying
the state’s free education”. “If you multiply
the total allocation to the South-West
states at N15 billion per month by 12, you
have N180 billion per year! This is less
than 30% of what the FG make from the
Lagos Seaports alone, don’t even talk
about VAT that Lagos contributes over
60% of the total accrual to the FG.
“Yet some morons will tell me we live on
Niger Delta oil.”
“Now, my State Governor can’t pay his
workers because of this systemic injustice.
It is either we start the implementation of
regional based fiscal federalism now or we
should go our different ways.”
“What nonsense!” – Ayo Turton.


www.newsat247.com/2015/06/jan-2015-federal-allocation-figures-exposed-does-the-south-west-deserve-this-injustice-analysis/
Re: Ministry Of Finance Release Federal Allocation Figures by OkuDiOver1(f): 1:23pm On Jun 12, 2015
Am coming
Re: Ministry Of Finance Release Federal Allocation Figures by Sunnybobo3(m): 1:26pm On Jun 12, 2015
Good morning Mr. Ayo Turton
Re: Ministry Of Finance Release Federal Allocation Figures by Sandydayz(f): 1:36pm On Jun 12, 2015
Ok Ok Ok.... What's the point u wanna make? I wanna know
Re: Ministry Of Finance Release Federal Allocation Figures by omazus: 2:39pm On Jun 12, 2015
And the Akwaibom students enjoying free education in lagos, the worst public education system in Nigeria, ask me and Jimi Agbaje, have parents who do not pay taxes to Lagos?
Re: Ministry Of Finance Release Federal Allocation Figures by Alphaoscar: 2:40pm On Jun 12, 2015
Another of their crazy lies busted.
Re: Ministry Of Finance Release Federal Allocation Figures by eightsin(m): 2:52pm On Jun 12, 2015
Okay
Re: Ministry Of Finance Release Federal Allocation Figures by BLOTRS: 4:03pm On Jun 12, 2015
@OP what point are you driving at? you suck oil worth trillions from Akwaibom, yet you complain about the pocket money given to them...smh

2 Likes

Re: Ministry Of Finance Release Federal Allocation Figures by sammyj: 4:09pm On Jun 12, 2015
What do you expect from the former clueless sentimental useless corrupt government !!! shocked shocked shocked
Re: Ministry Of Finance Release Federal Allocation Figures by ubyways(m): 4:14pm On Jun 12, 2015
ludamix:
As released by the Federal Ministry of
Finance, the total allocation to all the
South-West states, namely, Lagos, Osun,
Oyo, Ondo, Ekiti and Ogun for January this
year and shared in February was N15.1
billion, while Akwa Ibom State alone with a
population less than 3 million people got
N13.9 billion!”. “For the same period.
Bayelsa State, at arguably 2 million people,
got N10 billion and Rivers State got N10.3
billion. Between Kano and Jigawa states,
which used to be one state like Lagos
State, they got N7 billion. Lagos State only
got N3.4 billion.
“If you remove Ekiti State with the lowest
allocation of just N2.3 billion, Akwa Ibom
State alone gets more allocation than the
rest of the South-West states put together
including Lagos. And guess what?
Hundreds of thousands of Akwa Ibom
State citizens are in Lagos State enjoying
the state’s free education”. “If you multiply
the total allocation to the South-West
states at N15 billion per month by 12, you
have N180 billion per year! This is less
than 30% of what the FG make from the
Lagos Seaports alone, don’t even talk
about VAT that Lagos contributes over
60% of the total accrual to the FG.
“Yet some morons will tell me we live on
Niger Delta oil.”
“Now, my State Governor can’t pay his
workers because of this systemic injustice.
It is either we start the implementation of
regional based fiscal federalism now or we
should go our different ways.”
“What nonsense!” – Ayo Turton.


www.newsat247.com/2015/06/jan-2015-federal-allocation-figures-exposed-does-the-south-west-deserve-this-injustice-analysis/
op, what point are u asserting? How much revenue has the whole of South West are bringing to the table? make ur fact clear, Akwa ibom contribute more revenue to federal account compared to sw and u so myopic to spewed this baseless point. for ur information there are lots of other non indigens benefiting from Akwa ibom free education programm. don't be hypertensive because of a token accruing to the state for her massive revenue she generated to this false country.

3 Likes

Re: Ministry Of Finance Release Federal Allocation Figures by Nobody: 4:16pm On Jun 12, 2015
South west also cry grin grin grin grin....
Anyway, you are counting how much federal government makes from Lagos, did you also count how much Lagos generate from federal gov agencies and organizations.... do you think that 30 billion Naira monthly IGR by lagos came from paying taxes for Owambe party undecided undecided undecided...mitscheeew
Re: Ministry Of Finance Release Federal Allocation Figures by IsraeliAIRFORCE: 4:28pm On Jun 12, 2015
What misguided analysis on population is this?

All the citizens of Nigeria in Lagos State were counted as Lagosians or the respective State they live during population census.

It will interest all to note that population determines revenue ratio and it attracts 50% of whatever a State gets from Federal Allocation.

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