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States N145b Allocation From FG In July 2016 - Politics - Nairaland

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States N145b Allocation From FG In July 2016 by photoshoot(m): 11:26pm On Aug 04, 2016
The 36 states in July shared N145 billion from the Federation Account as their share of what the country generated as revenue from June and shared in July.
The breakdown is contained in a report obtained by the News Agency of Nigeria on Thursday from a source at the office of the Accountant-General of the Federation.

NAN recalls that at the last Federation Account Allocation Committee meeting held in July, federal, states and local governments shared N559 billion as against the N305 billion that was shared before that.
The Minister of Finance, Kemi Adeosun, attributed the increase, which is the highest for the administration, to efficiency in collection by revenue generating agencies, especially the Federal Inland Revenue Service.

However, a source at the office of the Accountant-General’s Office said the increase was simply companies paying their Company Income Tax.
The person said CIT was usually paid between June and August every year.

He said: “If you follow revenue trend, you will notice that the federation’s revenue goes up around these period, so it’s nothing new.”

The report showed that the revenue distributed included the Gross Statutory revenue, Value Added Tax, exchange gain, solid minerals revenue from 2007 to 2014 and 13 per cent derivation to oil producing states.

The report showed that before distribution, state liabilities were deducted.

The liabilities included external debt of N1.67 billion, contractual obligations of N10.62 billion and other deductions amounting to N17.1 billion.

The report showed that other deductions cover National Water Rehabilitation Projects, National Agricultural Technology Support, Payment for Fertilizer, State Water Supply Project, State Agriculture Project and National Fadama Project.
To sum it up, here is what the 36 states got after all deductions were made:

Abia N3.55 billlion,
Adamawa N3.53 billion,
Cross River N2.65 billion,
Ekiti N2.42 billion,
Edo N2.9 billion,
Kaduna N4.79 billion,
Kano N5.95 billion,
Lagos N8.30 billion,
Rivers N6.82 billion
and Zamfara, N2.95 billion.
Delta N5.1 billion,
Anambra N3.82 billion,
Benue N3.89 billion,
Borno N4.2 billion,
Ebonyi N3.40 billion,
Enugu N3.72 billion,
Gombe N2.89 billion,
Nassarawa N3.31 billion,
Imo N3.7 billion
and Kano N3.89 billion.
Yobe got N3.67 billion,
Taraba N3.36 billion,
Sokoto N4.08 billion,
Plateau N2.81 billion,
Oyo N4.13 billion,
Osun N1.2 billion,
Ondo N3.7 billion,
Ogun N2.83 billion,
Niger N3.82 billion
and Kebbi N3.78 billion.
Also, Katsina got N4.49 billion,
Bayelsa N4.98 billion,
Bauchi N4 billion,
Jigawa N4.25 billion,
Kebbi N3.78 billion
and Kwara N3.07 billion.


The report also showed that the Federal Capital Territory got N5.2 billion from the Federal Government’s share of the distributable revenue for the month of June, shared in July, 2016.
NAN.


http://theeagleonline.com.ng/how-states-shared-n145b-from-federation-account-in-july-report/

1 Like 3 Shares

Re: States N145b Allocation From FG In July 2016 by BUHARIISCURSED(m): 11:29pm On Aug 04, 2016
I came to see that of OSUN LOCAL GOVERNMENT and i am damn please...

47 Likes 2 Shares

Re: States N145b Allocation From FG In July 2016 by dullardeen(m): 11:29pm On Aug 04, 2016
Chai!!!
Re: States N145b Allocation From FG In July 2016 by TedBaker(m): 11:36pm On Aug 04, 2016
tongue cool shocked n till now some stupid govs are yet to pay july salaries

7 Likes 1 Share

Re: States N145b Allocation From FG In July 2016 by CosmeticChemist(m): 11:38pm On Aug 04, 2016
Where is Kogi state ?

13 Likes 1 Share

Re: States N145b Allocation From FG In July 2016 by Nobody: 11:40pm On Aug 04, 2016
Re: States N145b Allocation From FG In July 2016 by writetopoker: 3:41am On Aug 05, 2016
CosmeticChemist:
Where is Kogi state ?
kogi use there own play nairabet in advance

137 Likes 6 Shares

Re: States N145b Allocation From FG In July 2016 by kolnel: 3:59am On Aug 05, 2016
Osun got 1.2 billion which is the lowest
What's oyo and ondo doing with their allocations
Osun state has more on going projects than the two states combined
Efcc needs to focus on those two states pls

72 Likes 6 Shares

Re: States N145b Allocation From FG In July 2016 by Nobody: 5:11am On Aug 05, 2016
Tambuwal, pay our state allowance.

3 Likes 3 Shares

Re: States N145b Allocation From FG In July 2016 by Nobody: 5:57am On Aug 05, 2016
Where is this country headed?

Hard times indeed...

Please can we start planning 2017 budget now as to be ready by january 2017 rather than waste that year like we did this..


Am just scared for the poor, the one's who used to live on 1 dollar a day, imagine how many cents they now live on.

10 Likes 2 Shares

Re: States N145b Allocation From FG In July 2016 by Sealeddeal(m): 6:53am On Aug 05, 2016
Why is Jigawa receiving higher allocation than Anambra state. Jigawa has nothing that generates revenue to federation account.

53 Likes 3 Shares

Re: States N145b Allocation From FG In July 2016 by DaniDani(m): 7:01am On Aug 05, 2016
since Buhari came on board, I don't know the miracle behind the increase in what northern parasite states receive from federation account

50 Likes 3 Shares

Re: States N145b Allocation From FG In July 2016 by Flyingngel(m): 7:23am On Aug 05, 2016
Guy give us a concrete link.

2 Likes

Re: States N145b Allocation From FG In July 2016 by Shabib(m): 10:56am On Aug 05, 2016
God bless Nigeria

3 Likes

Re: States N145b Allocation From FG In July 2016 by tsdarkside(m): 11:04am On Aug 05, 2016
una see..even with what we generate only in nijeria,we are strong enugh...we dont need foreighn investors...i told you this many months ago...the foreighn should be running after us not us after them. ..

2 Likes

Re: States N145b Allocation From FG In July 2016 by titiakins: 12:56pm On Aug 05, 2016
I hope they pay their workers sha

Cos with all these billions there shouldn't be any excuse!
Re: States N145b Allocation From FG In July 2016 by seunny4lif(m): 1:09pm On Aug 05, 2016
Nice one sha
Waitng for Zombies and Wailers grin grin grin grin grin grin

But wait oooh
Where the state govs dey put the money abi the money dey use 4.5G network niiiiii shocked shocked shocked shocked

5 Likes

Re: States N145b Allocation From FG In July 2016 by falcon01: 2:20pm On Aug 05, 2016
.
Re: States N145b Allocation From FG In July 2016 by MadCow1: 2:21pm On Aug 05, 2016
Why are we giving Ekiti State Money when they dont contribute anything to the National account? angry

13 Likes 2 Shares

Re: States N145b Allocation From FG In July 2016 by veekid(m): 2:21pm On Aug 05, 2016
Ajimobi should start paying workers salary

6 Likes 1 Share

Re: States N145b Allocation From FG In July 2016 by Soreza(m): 2:21pm On Aug 05, 2016
FRAUD

1 Like 1 Share

Re: States N145b Allocation From FG In July 2016 by Nobody: 2:21pm On Aug 05, 2016
hmmm

Re: States N145b Allocation From FG In July 2016 by Rayman5(m): 2:22pm On Aug 05, 2016
:osee money
Re: States N145b Allocation From FG In July 2016 by guywitzerogal(m): 2:22pm On Aug 05, 2016
Dem no give akwa Ibom Ni? Abasi mbok

6 Likes

Re: States N145b Allocation From FG In July 2016 by anyicash(m): 2:22pm On Aug 05, 2016
Akwa Ibom nko? #idon'tbelieveit

3 Likes

Re: States N145b Allocation From FG In July 2016 by Izonpikin: 2:23pm On Aug 05, 2016
See as the money them small....FG still feeding states with feeding bottle....shame...shame...yeye country....
Re: States N145b Allocation From FG In July 2016 by idris4r83(m): 2:23pm On Aug 05, 2016
Sealeddeal:
Why is Jigawa receiving higher allocation than Anambra state. Jigawa has nothing that generates revenue to federation account.
what does anambra have that is generating revenue to d federation other than smuggling drugs to Indonesia and tarnishing nigeria's image?

26 Likes 3 Shares

Re: States N145b Allocation From FG In July 2016 by www6569: 2:23pm On Aug 05, 2016

Re: States N145b Allocation From FG In July 2016 by daniska3yaro(m): 2:24pm On Aug 05, 2016
Hmm
Re: States N145b Allocation From FG In July 2016 by Rayman5(m): 2:24pm On Aug 05, 2016
titiakins:
I hope they pay their workers sha

Cos with all these billions there shouldn't be any excuse!
tell rochas o 13months he hasn't paid
Re: States N145b Allocation From FG In July 2016 by uwajeh(m): 2:24pm On Aug 05, 2016
Pls always check your facts. This list is inaccurate because it does not reflect the 13% derivation accruable to the oil producing states.

2 Likes

Re: States N145b Allocation From FG In July 2016 by kinzmen: 2:24pm On Aug 05, 2016
Kano state appeat 2times... Y

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