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FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero (25624 Views)

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FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by agwom(m): 6:58pm On Jan 13
The Federal Government has disbursed another round of performance-based grants to States in the sum of N123.348bn ($324.6m) under its States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results.

The Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed, who disclosed this in a statement signed by Mr. Hassan Dodo, the Ministry’s Director of Press and Public Relations on Wednesday in Abuja, explained that the disbursement followed the achievement of results by the States in the just concluded 2019 Annual Performance Assessment (APA).

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The assessment was carried out by the Office of the Auditor General for the Federation (OAuGF) as the Independent Verification Agent (IVA) and approved by the Programme Coordination Unit (PCU) of the Federal Ministry of Finance, Budget and National Planning.

According to Mrs. Ahmed, the disbursement included N91.048 billion (USD239.6 million) of performance-based grants for the 2019 APA results achieved by 32 Eligible States across various Disbursement Linked Indicators (DLIs) covering fiscal transparency, accountability, expenditure efficiency, revenue mobilization and debt sustainability.

‘Sokoto on Top’

States received grants in accordance to the number of results achieved, with Sokoto State receiving the highest amount of N6.612billion while Kano State got the lowest amount of N1.710billion.

“Bayelsa, Imo, Rivers and Zamfara States got zero allocation due to their inability to meet the 2019 eligibility criteria which required States to publish online approved annual budgets and audited financial statements within a specific timeframe,” she said.

She further noted that the 2019 APA results were a significant improvement on the 2018 APA results where the total performance-based grants of N43.416 billion (USD120.6 million) were received by 24 Eligible States, demonstrating the substantive progress States have made on fiscal reforms.

She disclosed that the second part of the disbursement involved a new COVID-19 response DLI: The implementation of a tax compliance relief programme for individual tax payers and businesses by States by 30 September 2020 where 34 out of 36 States (only Anambra and Zamfara States missed out) were able to achieve the results for this new DLI for the total of N32.3 billion (USD 85 million) of grants.

The disbursement came after the recent one in November, 2020 by the Federal Government where the sum of N66.5billion (USD175 million) was granted to 35 States which achieved results under another new COVID-19 response DLI: the passing of an Amended COVID-19 Responsive 2020 Budget by 31 July 2020.

‘N233billion disbursed since April’

The Minister observed that since the first disbursement in April 2020, the Federal Government has thus far disbursed the total sum of N233billion(USD620.6million) to the States under the US $750 million World Bank-Assisted States Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme-for-Results.

Mrs. Ahmed reiterated that the World Bank-assisted SFTAS Programme was principally meant to strengthen fiscal management at the state level so as to ensure effective mobilisation and utilisation of financial resources to the benefit of their citizens in a transparent, accountable and sustainable manner, thereby reducing fiscal risks and encouraging a common set of fiscally responsible behaviours.

She noted that the SFTAS programme could not have come at a better time, given the dwindling government revenue occasioned by oil price volatility and coupled with the current impact of COVID-19 which has further intensified the need for improved practices in fiscal transparency, accountability and sustainability as enunciated in the SFTAS ideals.

The Minister stressed that with the disbursement of the total sum of N233.264 billion (USD620.2 million) since the beginning of the Programme for Results, “we have thus far successfully adapted and implemented the SFTAS Programme to provide timely support to States with a view to strengthening their fiscal capacity for responding to numerous fiscal challenges in their respective domains.”

“The increase in the number of benefitting States and results achieved is indicative of the wider acceptance of SFTAS ideals by all States of the Federation and this would herald a new era of transparency and accountability in fiscal governance at the sub-national level”.

https://dailytrust.com/fg-disburses-another-n123-348bn-performance-grants-to-states

2 Likes

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Xscape1993(m): 7:01pm On Jan 13
Where will the money get to? The poor are still living in a painful state.

18 Likes 1 Share

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by NwaNimo1(m): 7:13pm On Jan 13
1) Governor receiving the alert -



2) Governor receiving a request for funds from 'wifey' and the 'side chicks'...

(let me see what I can do!)




3) Next step - to check 'real estate prices' abroad......



4) Followed by - select the properties and wire the money



5) And then - lie to the masses about the money and how it was spent.



6) Finally - If the EFCC ask questions, deny any knowledge of the money.

414 Likes 61 Shares

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by LoveNbeloved(f): 7:16pm On Jan 13
The poor has no place in this country

19 Likes 1 Share

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Naomila: 7:25pm On Jan 13
Always disbursing money but we never see the result.. pfft

15 Likes

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by MANNABBQGRILLS: 10:01pm On Jan 13
Dem na lie na lie crew will end up gnashing their brown evil teeth in shame as usual.
When they see fellow members coming on Nairaland to create thread on how they benefit from the different initiatives of this government.

You will see the wailers asking oh boy, na true o, should I send my account number?
They have been used to receiving crumbs all their frustrated lives.
Two time losers!


Bayelsa, Imo, Rivers and Zamfara States got zero allocation due to their inability to meet the 2019 eligibility criteria which required States to publish online approved annual budgets and audited financial statements within a specific timeframe,” she said.
Look out for some dumb heads that will Still blame Bubu for this, instead of their state governors.

All enemies of Nigeria will never end well, along with the evil politicians they are wailing for now looting our national treasury anymore.
Swines everywhere.
( Quote this post if you see yourself as one! cool )

MajorOvakporaye:
Always typing long boring epistles that mean nothing
And the boy with 1423 monikers just quoted us!
He identified himself as we requested under 2 seconds.
Sane, good and honest Nairalanders.... now you know! wink wink
Chii59:

Guy, have some shame.
And another one, by their posts, you will know dem.
Thumbs up Nnamdi Cownu,
U try for dat side no be small tongue

14 Likes 5 Shares

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by classicfrank4u(m): 10:01pm On Jan 13
Grants that'll be looted by those pot bellied governors lipsrsealed
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by MANNABBQGRILLS: 10:01pm On Jan 13
God bless our darling Daddy President Muhammadu Buhari and his amiable Vice president Prof Yemi Osinbajo for all they are doing for this once raped, looted and battered nation.

Some dumb heads will ask is it Bubu's money that he is using for all these projects going on all over the nation?
We wondered whether it was Jonathan's family's money he would have used, and he decided to loot it with his armies of looters.
#BitterTruth

emapeteum:
Taken from the South, given to the North.One Nigeria indeed!
Can you just imagine! shocked
Illiteracy is not a disease, it is something worse!

14 Likes 7 Shares

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Gamer999: 10:01pm On Jan 13
Audio disbursement

2 Likes 1 Share

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Weedhustler: 10:03pm On Jan 13
I already know the state that benefitted most!
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Sheuns(m): 10:03pm On Jan 13
angry
Let state control its resources and stop this Father Christmas style of governance.

6 Likes 1 Share

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by NgwalandAba(m): 10:03pm On Jan 13
OK.. let just analysis it.. IMO oil producing State, rivers oil, Bayelsa oil and zamfara gold. They are not complaining.

5 Likes

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by MajorOvakporaye(f): 10:04pm On Jan 13
MANNABBQGRILLS:
Dem

Shut up!

Always typing long boring epistles that mean nothing

44 Likes 4 Shares

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Gyong(m): 10:04pm On Jan 13
Money wey don miss already, mtchwwwwww
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Kentuforchrist(m): 10:05pm On Jan 13
grin ;Dtwo thousand years of suffering
NwaNimo1:
Governors upon receiving the alert -



Upon receiving a request for funds...

(let me see what I can do!)




Next - to check 'real estate prices' abroad......



Followed by - select the properties and wire the money



And then - lie to the masses about the money and how it was spent.



If the EFCC ask questions - deny any knowledge of the money.


Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Psalmy2cute(m): 10:05pm On Jan 13
NwaNimo1:
Governors upon receiving the alert -



Upon receiving a request for funds...

(let me see what I can do!)




Next - to check 'real estate prices' abroad......



Followed by - select the properties and wire the money



And then - lie to the masses about the money and how it was spent.



If the EFCC ask questions - deny any knowledge of the money.


You've said it all

14 Likes

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by unitysheart(m): 10:06pm On Jan 13
Good one. Perform and receive more fund.

3 Likes 1 Share

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Akaegwu(m): 10:06pm On Jan 13
Our darling Buhari has done it again.
He has given free money to some state again.
The APC and PDP politicians will share the money without doing anything to help reduce the suffering of the masses.

5 Likes

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by CodeTemplar: 10:07pm On Jan 13
Borrow n share out.
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by Amah70: 10:08pm On Jan 13
But Imo needs the grant more than others, as former governor Okorocha spent loads of State funds on building federal projects in Eight years in state capital.
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by DropsMic(m): 10:09pm On Jan 13
Money wey go miss road
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by VikthorChapman(m): 10:09pm On Jan 13
Funds that will be looted immediately, soon we will hear that herdsmen feed tye money to cows.
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by HYGMICH(m): 10:09pm On Jan 13
....who is fooling who, you gave them money to deceive some nincompoops there but you're building railways from the West to the far north even to Niger republic

What stops you from giving order to build same railways and seaports for the eastern southeastern regions

giving out loan or whatever to the people isn't the solution to their problems

1 Like

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by VanBommel(m): 10:10pm On Jan 13
MajorOvakporaye:


Shut up!

Always typing long boring epistles that mean nothing
as in eeh, just disturbing everywhere with his useless comments

15 Likes 2 Shares

Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by matex97(m): 10:11pm On Jan 13
Can the FG show us their scorecard in terms of fiscal transparency, accountability, expenditure efficiency, revenue mobilization and debt sustainability?
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by CalliDora1(f): 10:11pm On Jan 13
Correct!
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by IbnBattuta1960: 10:12pm On Jan 13
Story story
Re: FG Disburses ₦123.348bn Grants To States. Bayelsa, Imo, Rivers, Zamfara Get Zero by VanBommel(m): 10:12pm On Jan 13
MANNABBQGRILLS:
. over to you!
Kapish! cool
why don't you call bullhari and dss? undecided unnecessary being

8 Likes 2 Shares

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