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Federal Allocation In Buhari's 1st Year In Office by HungerBAD: 5:06am On Jun 13, 2016 |
The 36 states and the 774 local government councils of the federation shared N2.8 trillion from the Federation Account in the first year of President Muhammadu Buhari’s administration, with Lagos, Akwa Ibom, Delta and Kano states emerging the top earners. This is according a report by the Economic Confidential, an economic intelligence magazine. The magazine also listed Gombe, Ebonyi, Ekiti and Nasarawa states as the least earning states in the one year of the Buhari administration. It reported that the two tiers of government – states and local governments – were paid the total sum of N2.8trillion at the monthly meeting of the Federation Account Allocation Committee (FAAC) between June 2015 when Buhari administration took office and May 2016. In the magazine’s report, Lagos State was the highest recipient with N178billion in the 12 months under review. It is followed by Akwa Ibom State, N173 billion; Delta State, N144 billion, and Kano State, N117 billion. The five states received 25 per cent of the total allocation for the states and local government councils in Nigeria within the year period. The 10 highest recipients from the Federation Account are Bayelsa State, N95 billion; Katsina State, N88 billion; Oyo State, N84 billion; Kaduna State, N83 billion and Borno State, N78 billion. The lowest recipients are Gombe and Ebonyi states that got N49 billion each, followed by Ekiti and Nasarawa states with N50 billion each, and Kwara, N52 billion. The report further disclosed that Edo and Ondo, which are oil-producing states, got N66 billion and N71 billion respectively, while another state in the South-South, Cross River State, received N59 billion. The Economic Confidential gathered that factors that influence allocation to states and local government councils from the Federation Account include: Population, Derivation, Landmass, Terrain, Revenue Effort, School Enrolments, Health Facilities, Water Supply and Equality of the beneficiaries. Meanwhile, the Economic Confidential, which has been publishing the monthly Federation Account Allocation figures in the print edition of the magazine since January 2007, has commenced the publication of the monthly allocation in its online version. http://leadership.ng/news/535781/lagos-aibom-delta-kano-top-earners-pmbs-1st-year 1 Like 3 Shares
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Re: Federal Allocation In Buhari's 1st Year In Office by IdisuleOurOwn(m): 5:07am On Jun 13, 2016 |
This one way Niger delta avengers dey bomb oyel installations eeh! Those nigax no go c anytin share next tym o. 8 Likes |
Re: Federal Allocation In Buhari's 1st Year In Office by Ebbunwa(m): 5:07am On Jun 13, 2016 |
money-making states |
Re: Federal Allocation In Buhari's 1st Year In Office by tsalmjohn(m): 5:08am On Jun 13, 2016 |
Noted..... .. bin a long tym coming I book diz space for my grand kids ..... 1 Like |
Re: Federal Allocation In Buhari's 1st Year In Office by princemillla(m): 5:09am On Jun 13, 2016 |
Kikikiki Ekiti 50billion... Buhari didn't hate Fayose afterall 11 Likes 2 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by madridguy(m): 5:10am On Jun 13, 2016 |
Ok |
Re: Federal Allocation In Buhari's 1st Year In Office by ORACLE1975(m): 5:13am On Jun 13, 2016 |
Good |
Re: Federal Allocation In Buhari's 1st Year In Office by Lordxeer(m): 5:35am On Jun 13, 2016 |
Lagos is indeed overwhelming! |
Re: Federal Allocation In Buhari's 1st Year In Office by bonechamberlain(m): 6:14am On Jun 13, 2016 |
Katsina getting more than some oil states. Why should population be considered when sharing revenue, so some people can keep on producing unproductive population at the detriments of others, if it was by population ( productive) Lagos should be getting more than 200 bill. Look at even borno getting more than viable states. This is why they kick against fiscal federalism so that they keep on sharing money like father Christmas 92 Likes 9 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by lorbah001(m): 6:24am On Jun 13, 2016 |
Osun though.... 1 Like 1 Share |
Re: Federal Allocation In Buhari's 1st Year In Office by mrvitalis(m): 6:37am On Jun 13, 2016 |
Bayelsa got over 95 billion and IGR should make it over 100 billion for a state with less than 2 million people ans yet the governor can't pay salaries... .. And they want more resources control which same people will control He that Is not faithful in little can't be trusted to be faithful in larger things 83 Likes 3 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by BlackSEER(m): 6:59am On Jun 13, 2016 |
useless country where parasites States like Kano receives more than Rivers state that produces the bulk of the money being shared. 31 Likes 3 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by BlackSEER(m): 7:03am On Jun 13, 2016 |
some States are only good in producing illiterates and almajiris. Only true federalism will save this country. if they are not ready for that, we should go our separate ways 33 Likes 2 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by proeast(m): 7:06am On Jun 13, 2016 |
You can imagine how unproductive wastelands of the north keep getting high allocations even when they contribute next to nothing! This rubbish cannot be allowed to continue, you dont rob Peter to pay Paul, that is injustice! 26 Likes 1 Share |
Re: Federal Allocation In Buhari's 1st Year In Office by dadebayo1(m): 7:12am On Jun 13, 2016 |
Oyo.... With 84billion yet the state is owing 6months.. If only we can demand proper accountability from our emperor governor.. All the governors are born thieves stealing our collective wealth.. Except for few states with low allocation shame on all others for mismanaging our oyel money... 12 Likes 2 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by PassingShot(m): 7:14am On Jun 13, 2016 |
BlackSEER:Take time to read the report again and see the parameters used in sharing the money. Again, we must re-orientate ourselves to the fact that there is much more to Nigeria than the oyel. The importance of what the North contributes to our survival as a nation cannot be over-emphasized. Just by experiencing tomato ebola in the north in just one season, the whole of Nigeria has been suffering to get tomatoes at cheap/reasonable price. Can we imagine what will happen if all the farm produce that comes from there stop coming to the south? We will import? With which money and at what cost? The earlier we realized that each region has its own relevance, the better for us as a nation to move forward. 95 Likes 8 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by IHEJIRIKAisBOKO: 7:33am On Jun 13, 2016 |
D |
Re: Federal Allocation In Buhari's 1st Year In Office by Nobody: 7:33am On Jun 13, 2016 |
Hahahah 1 Like |
Re: Federal Allocation In Buhari's 1st Year In Office by Segadem(m): 7:33am On Jun 13, 2016 |
Good |
Re: Federal Allocation In Buhari's 1st Year In Office by ishowdotgmail(m): 7:34am On Jun 13, 2016 |
NLanders! Today is my birthday Pls show some love by clicking the LIKE button 43 Likes 1 Share |
Re: Federal Allocation In Buhari's 1st Year In Office by worlexy(m): 7:35am On Jun 13, 2016 |
Hmmm |
Re: Federal Allocation In Buhari's 1st Year In Office by pendusky(m): 7:36am On Jun 13, 2016 |
Akwa Ibom suppose to lead... 1 Like |
Re: Federal Allocation In Buhari's 1st Year In Office by ellechrystal(f): 7:36am On Jun 13, 2016 |
bonechamberlain:Buhari if from there na. 2 Likes 1 Share |
Re: Federal Allocation In Buhari's 1st Year In Office by Catalyst007(m): 7:38am On Jun 13, 2016 |
Re: Federal Allocation In Buhari's 1st Year In Office by melzabull(f): 7:38am On Jun 13, 2016 |
mrvitalis:shut up! Borno and Katrina state has 88b and 78billion respectively but contributes nothing in terms of IGR At least Baylesa state feeds those two states 24 Likes 3 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by mbaeke1(m): 7:38am On Jun 13, 2016 |
I hope say I book fp |
Re: Federal Allocation In Buhari's 1st Year In Office by Schematics: 7:39am On Jun 13, 2016 |
Does the tomato not bought by Nigerians? is it being shared like the proceeds from oil? We are ready to pay for the tomato and onions so far as they are ready to pay for the oil. The fact is that oil producing region has been shortchanged for a very long time. Some of you just need deep thinking to reason like normal people. PassingShot: 47 Likes 3 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by AntiWailer: 7:39am On Jun 13, 2016 |
melzabull: Does this address why salary was not paid ? 6 Likes 1 Share |
Re: Federal Allocation In Buhari's 1st Year In Office by andaxon: 7:40am On Jun 13, 2016 |
BlackSEER:Oga Ade, there is a basis for sharing fund from the federation account. 3 Likes |
Re: Federal Allocation In Buhari's 1st Year In Office by logicab: 7:40am On Jun 13, 2016 |
PassingShot:Your comparison is flawed. Food from the Middle Belt is private business and the income accrues to private pockets. Oil revenue accrues to the pocket of the Federal Government who then decide to share based on shady parameters to states and local governments. Apples and oranges. 33 Likes 3 Shares |
Re: Federal Allocation In Buhari's 1st Year In Office by cyril700(m): 7:40am On Jun 13, 2016 |
Akwa ibom is 2nd on the list but the government couldn't finish up a mere secretariat, they abandoned it and left 2 Likes
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