NewsExpress advert Yudala banner
FG, 36 states share N2.56tr — Investigations •Akwa Ibom, Lagos, 8 other states top list

By News Express on 21/08/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 849

•Finance Minister Kemi Adeosun
•Finance Minister Kemi Adeosun

The Federal Government, the 36 states of the federation and the Federal Capital Territory have so far shared N2.56 trillion in the first half of 2017 from the Federation Account Allocation Committee (FAAC), an investigation by Economic Confidential has revealed.

Diligent search and careful computation by the Economic Intelligence magazine show that apart from the Federal Government that got N1.09 trillion, Akwa Ibom State has the highest allocation among the states when it received N92.72 billion within the period under review with nine other states leading the pack.

These states are Lagos, which is second with N91.45 billion and Rivers with N81.41 billion. The fourth position was grabbed by Delta with N71.98 billion, while Kano had N62.90 billion, throwing a derivation state of Bayelsa to the sixth position with N61.45 billion.

Others among the first 10 states are Katsina in the seventh position garnering N44.80 billion, Oyo with N43.78 billion, Kaduna with N42.60 billion while 10th place surprisingly goes to Borno with N39.63bn despite the calamities that have befallen the Northeastern state.

The Economic Confidential's search further reveals that the states with the lowest allocation from the Federation Account within the period under review are Gombe which placed last with N24.87 billion, followed by Ebonyi with N24.91 billion in the 35th position, Nasarawa in the 34th position with N25.41 billion, while Ekiti and Kwara took the 33rd and 32nd positions respectively with N25.57 billion and N26.48 billion.

A graphic look at the six geopolitical zones in the country showed that the South-south states put together hits the No 1 position with N368 billion, the Northwest was second with N283 billion, sending the Southwest states to the third position with N262 billion.

The North Central geopolitical zone got N190 billion to stand at the fourth position, while the fifth and the sixth positions went to Northeast and Southeast with N189 billion and N154.7 billion respectively.

The Economic Confidential has been at the forefront of dishing out Federation Account allocations figures of all tiers of government in the last decade.

Source News Express

Posted 21/08/2017 12:50:14 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
President Buhari’s health challenge, By Olusegun Adeniyi

Senator tackles El-Rufai over N3bn contracts

NAF in show of power, displays combat aircraft...

About 236 killed in Rann accidental airstrike: Officials...

Air Force alerts on the circulation of fake...

Abia security agencies launch ‘Show of Strength’, declare...

Kaduna Govt. orders probe of rifles found in...

Court dismisses suit for army to produce IPOB...

Sacrifice, service and salvation

Crackdown on Shiites a case of State murder...

Host communities deserve 1 percent royalty — Peterside...

2014, year of fulfillment —Akpabio

 

Latest News Dana Airlines plane carrying 49 passengers runs into the bush Mastermind of Benue killings nabbed Champions League: Messi rescues Barca against Chelsea, Bayern hammer Besiktas Court seals Michael Okpara University over tax default NNPC spends $5.8bn on fuel imports in just a few months Demolition: Kaduna APC seeks removal of GOC, heads to court IPOB accuses FG of using delay tactics to keep members in prison Police confirms abduction of 3 by Boko Haram in Yobe Abia seeks presidential approval for Enyimba Industrial City Senate to investigate NNPC, NAOC secret bank account Global energy market forecast favours gas — Tony Attah Nigeria Computer Society holds ICT ‘Whizkids’ competition for secondary school students

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (325,646 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (317,198 views) Shameless Genevieve Nnaji exposes breasts in public (253,876 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (208,293 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (194,434 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (187,247 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (162,700 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (146,093 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (140,101 views) Lagos plane crash: Journalist releases victims’ names (129,149 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (127,652 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (122,861 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business (2,897) Business Verdict (33) Columnists (803) Complaints & Requests (94) Enterprise & Opportunities (203) Entertainment (446) Features (548) Global Business Monitor (226) International (1,798) Interviews (143) Live Commentary (28) Love Matters (105) News (32,985) Opinion (883) Pidgin (10) Politics (4,509) Religion (680) Sports (1,438) Stock Watch (27) AMA & Al Jazeera Global Update

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement