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The most peaceful state in Nigeria is heading for all time war, as the state govt demolishes the most popular market in the state capital, "the eke ukwu Owerri "
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Home > News Hub > Business News >
Business FAAC: See Breakdown of Federal Allocation To States in June 2016
Discussion in 'Business News' started by
kemi, Monday at 3:27 PM. Views count: 14410
62 Tags: faac june 2016
The thirty-six states of the Federation and the Federal Capital Territory, Abuja have collected a whopping N673.324billion as their share of statutory allocation and first tranche of the excess crude earnings distribution for the period.
According to a report by ThisDay, a document from the office of the Accountant-General of the Federation titled: "Distribution of Statutory Allocation and Excess Crude Proceeds to the three tiers of Government in July 2016" showed that five of the states: Rivers, Bayelsa, Delta, Akwa Ibom and Kano, catapulted themselves to the two-digits wrung with each carting home between N10 billion and N25 billion.
Similarly, Nasarawa and Ekiti States received N4.508 billion and N4.732 billion respectively. Other states which also got huge amounts from the distribution include: Ondo with N9,060,035,806.15 Lagos state got N8,299,806,965.06 Kaduna state got N7,654,995,396.83 Imo state got N7,366,417,410.84 Borno state got N7,276,602,098.96 Niger state got N7,151,791,231.47 Jigawa state got N7,048,660,361.35
Leading the pack, Rivers state got a grand total of N25,883 billion which is made up of N10.138 billion from 13 per cent derivation, N12.803 billion from excess crude, N1.39 billion from statutory allocation and another N1.5 billion excess crude for local governments in the state.
Similarly, Bayelsa state received N7.97 billion from the 13 per cent derivation account as well as N10 billion from excess crude account. The state also had its accounts credited to the tune of N538 million for its councils and another N597.7 million excess crude for the same councils in the state.
In total, the state smiled home with a whooping grand total of N19,197,410,863.92. In the same vein, Delta State which garnered a total of N18.622billion, had its share broken down thus: 13 per cent derivation N6.977 billion; excess crude N8.734 billion; statutory allocation for local governments N1.379 billion and excess crude distribution to the councils N1.531 billion.
This is the first of such payments as states will continue to enjoy this windfall over the next several months. The fourth highest beneficiary and another oil producing state of the Niger Delta, Akwa Ibom, has its breakdown as follows: statutory allocation N6.458 billion, excess crude distribution N8.065 billion, statutory allocations for state councils N1.569 billion while the excess crude account for councils was credited with a whopping N1.738 billion. In total, the state got N17,831,804,082.85.
The only non-oil producing state that garnered over N10 billion was Kano. It got N10.776 billion and was distributed as follows: statutory allocation N2.44 billion; excess crude N2.7 billion, statutory allocation for its 44 councils, N2.669 billion and excess crude to same accounted for N2.959 billion.
Conversely, the FCT, Gombe, Ebonyi, Nasarawa and Ekiti States went with the least allocations of between N73.3 million and N4 billion . While the document further showed that the FCT got its accounts credited to the tune of N673.324 million, Gombe State became richer with M4.435 billion lumped into its accounts.
Source: Thisday
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ACCOUNTS ALLOCATION TO STATES AND LGCS FROM MAY 2015 – JUNE 2016
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See FAAC Allocation For All States From May 2015 To June 2016
S/N
Beneficiaries
No of Local Government Councils
Total Gross Allocation for States/ LGCS
1
Lagos
20
178,549,361,363.13
2
Akwa Ibom
31
173,902,779,602.26
3
Delta
25
144,706,571,893.61
4
Rivers
23
130,712,237,312.44
5
Kano
44
117,852,408,096.50
6
Bayelsa
8
95,408,284,755.19
7
Katsina
34
88,880,271,506.43
8
Oyo
33
84,044,983,198.03
9
Kaduna
23
83,447,953,776.39
10
Borno
27
78,717,920659.55
11
Niger
25
74,851,989,994.10
12
Benue
23
73,823,754,968.40
13
Jigawa
27
73,065,332,210.82
14
Bauchi
20
72,613,430,598.92
15
Imo
27
71,694,047,410.89
16
Ondo
18
71,491,617,166.92
17
Sokoto
23
69,767,717,468.53
18
Kogi
21
67,200,907,459.88
19
Edo
18
66,041,595,150.93
20
Osun
30
66,005,570,597.93
21
Kebbi
21
64,896,141,433.46
22
Anambra
21
63,654,309,711.92
23
Adamawa
21
62,295,543,772.58
24
Plateau
17
61,450,215,048.92
25
Ogun
20
60,070,767,635.93
26
Enugu
17
59,609,485,755.91
27
Cross River
18
59,049,491,133.09
28
Abia
17
58,145,094,691.02
29
Yobe
17
57,470,687,526.03
30
Zamfara
14
56,621,635,820.29
31
Taraba
16
56,399,948,000.85
32
Kwara
16
52,384,587,394.46
33
Nassarawa
13
50,554,539,364.39
34
Ekiti
16
50,460,337,004.42
35
Ebonyi
13
49,400,218,495.52
36
Gombe
11
49,802,580,045.16
37
FCT (LGCs)
6
19,187,636,773.79
Total(States/LGCs) (A)
774
2,814,231,954,798.58
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Related
See Grand Total Of Federation Account To States, LG From May 2015 To June 2016
In "News"
See FAAC 2016 June Allocation For F

funlord:




Will yoi take this useless topic to the romance section?




How is this political? Wetin dey worry you sef?

are you from a breakup home?

3 Ways To Make A Man Want To Spend His Money On You!
Believe it or not, most males blow their hard earned income on points they treatment about; but much more important on people they love and care for. So you may find a gentleman eagerly blowing all his cash on his mother, sister, buddies and so on.... but not you.
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Indicate You are able to Take Care Of Yourself
Probabilities are, if he is avoiding assisting you or giving you funds; it's simply because he doesn't want you to become entirely reliant on him. He does not desire to father you or treat you like a baby. He wants to treat you like a grown woman who can get care of herself. Only when he sees this can be true, will he feel that he can lavish you by spending money on you.
Keep in mind that men are afraid of being locked into a problematic situation. A lady who requirements a man constantly to take treatment of her-self, in his thoughts, can be problematic; because she is going to constantly be on his situation about what she wants and just how she requirements it. Thus he looks for a much more independent woman who will worth him for more than simply a "fatherly" role.
Make What You are Asking For
If you want him to consider you out to dinners far more typically, in case you want him to get you presents far more typically, and in the event you basically want him to invest his income on you; you must Make it. Men love a challenge, and they dislike anything easy. It's straightforward for him to give funds, but it's not simple for a woman to in fact deserve and earn it.
He is trying to see what you really treatment about here. Do you care about him, or just the funds? In the event you really treatment about him, you'll do what it requires to generate his rely on and heart, which in turn helps make him desire to spend income on you.
Be Prepared To provide
Men who invest cash on girls do this sort of, since they feel that lady is offering him everything he requirements. Now he clearly does not will need money, but what males do will need, is emotional and mental assistance; knowledge, and intimacy, for any start. They will need a lady who would acknowledge and recognize him, prior to she would criticize and argue with him.
In essence, in the event you fulfill his deepest needs to become understood, cared for, cherished, trusted and so forth.... then he'll easily open up his globe for you, in all aspects, which includes the monetary 1.
hope all the ladies learn from this...not only women should be spending on men
i'm still reading and trying to undy
for d ladies<<

New pl rule says that any player found guilty swearing to an official will be given a red card..

The governor gave the directive to the vC of the state owned university Prof Adaobi Obasi. Also to the Rector of imo state polytechnic, to the head of civil service and it's local government counterpart. That there shall be no form of employment in imo, no matter how, no matter the form untill further notice. Yet he is giving free education from primary to university level, I think he is planning to collapse the system.
details shortly.

I wonder when electronic payment system started paying in halves. They should bring in young men who are informed digitally not bu. hari type of people.

Despite the bragging by the coordinator of the new electronic payment system, that examiner's should be diligent. The west Africa council is yet to pay its examiners 11 days after, even after promising to pay within 2working days.

fiftynaira:
"A file was opened for us in the department as academic staff. We were fixed in the position of graduate assistant even with masters. During the NUC accreditation we constructed a fish hatchery in our department's animal farm, manned it and entertained all the questions from NUC."


The above quote is a good evidence but then again I need to ask

1)was an appointment letter giving to you?
2)was the take of ur other colleagues who suffered same faith with you?

no copy of the appointment letter was given to us by our HOD since she had an evil intention but it was put in our file since the NUC will not acknowledge that without the appointment letter
.

fiftynaira:
Bros u don hammer
Get a good lawyer Get hold of some evidence

like? Pls name it some thanks.

donbenedict:
You don't have any case!


You failed to urge the university to initiate a contract on that. That is, after the nuc accreditation, they will absorb u as graduate assistant..

really!!!

After my Masters degree in my university where I also obtained my BSc, the NUC, accreditation was round the corner. My head of department called me with my other colleague that I did my MSc programme together with, to submit our cv and other relevant credentials, with passport photograph among other times. A file was opened for us in the department as academic staff. We were fixed in the position of graduate assistant even with masters. During the NUC accreditation we constructed a fish hatchery in our department's animal farm, manned it and entertained all the questions from NUC. Now the accreditation is over and the department got full accreditation for five year. But my department dropped us after the accreditation and we are Ph.D candidates suffering without job and we were not paid a dine. Now, I want to sue my institution do I have any case pls lawyers in the house, since we are in the era of zero corruption.
cc Buhari
cc NUC
cc Commissioner of police.

Adminisher:
LOL. We need to start inspecting schools again in Nigeria

you are a child

Adminisher:
LOL. We need to start inspecting schools again in Nigeria

you are a child

just to proof a negative point the federal govt of Nigeria refuse to drill oil in the igbo region just to make them believe their oil is not in abundance just to crush the quest for a sovereign nation of biafra. But biafrans are not bothered cos the know they have the highest crude oil deposits onshore in the whole of Africa. oguta lake oil reserve has not been tapped to reveal but a few.

Aftershock:
U R d cursed person. Nigeria was BLESSED when Bianca become ambassador n Spain. Her own degree is original. Ur own degree is from where? SHOPRITE?
Congratulate her o boy. Don't be jealousing her. God wey create her blessed her from day 1. U can remain cursed or congratulate Bianca nd get some shine shine blessing.

people like you will be shot in the head in Nigeria.

so she was an ambassador with mere BSc when there are thousands with PhD at that time. Nigeria is a cursed country.

since not meeting up with supplies from Nigeria, the foreign refineries are now coming to Nigeria to set up their refineries and pay tax. owasa in abia state a case study.

see proof.. details shortly

rasqie4me:
let see your CV. are you marine related?

yes, very conversant with marine and estuaries.

MSc Hydrobiology also PhD in view Hydrobiology can I apply?