Akwa Ibom Gets The Largest Budget Allocation Of N260BN In Nigeria

Date: 09-04-2015 1:15 pm (5 years ago) | Author: CLARA JANCITA
- at 9-04-2015 01:15 PM (5 years ago)
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In a lecture delivered at Babcock University’s 12th Convocation titled, ‘Transforming Nigeria economy: Opportunities and Challenges’, Finance Minister, Ngozi Okonjo-Iweala gave the breakdown of the allocations of Nigeria’s 10 highest revenue receiving states based on the federal allocations in 2013.
Finance Minister, Dr Ngozi Okonjo-Iweala listed the states which according to her, earn more than the annual budgets of some neighboring countries and queried what these states have been doing with their allocations.

The allocations are as follows:
Akwa Ibom N260 billion,
Rivers N230 billion,
Delta State N209 billion,
Bayelsa N173 billion,
Lagos N168 billion,
Kano N140 billion,
Katsina N103 billion
Oyo N100 billion
Kaduna N 97 billion
Borno N94 billion.




“These were the allocations that all these states got last year, so the question is what did they do with it? Analysis shows that many Nigerian states receive revenue allocation which are larger than budgetary allocation of neighbouring countries such as Liberia which is $433 million, Gambia $210 million.

” So you see that our top 10 states receive more money than these countries and therefore you
should be asking what is this money being used for?” Okonjo-Iweala said.

“However it is not often that you hear people asking what has your state done? Most of their attention is turned to the federal government so we also need to ask what do our state and local government do with the resources they get?” Okonjo-Iweala further stated.




Posted: at 9-04-2015 01:15 PM (5 years ago) | Hero
- akhaifo at 9-04-2015 02:00 PM (5 years ago)
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What a question! how come you are earning dollars here in Nigeria and yet nobody is questioning you...remove the speck in your eyes first madam!
Posted: at 9-04-2015 02:00 PM (5 years ago) | Upcoming
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- beneno at 9-04-2015 02:02 PM (5 years ago)
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 Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 9-04-2015 02:02 PM (5 years ago) | Addicted Hero
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- Eniang1 at 9-04-2015 02:09 PM (5 years ago)
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Akwa Ibom gets highest, yet the citizens are minia workers  everywhere. A great paradox..
Posted: at 9-04-2015 02:09 PM (5 years ago) | Upcoming
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- johnsample at 9-04-2015 02:16 PM (5 years ago)
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mumu, you no sabi enlish, yet u wan speak grammer.... which one be minia
Posted: at 9-04-2015 02:16 PM (5 years ago) | Upcoming
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- bankadetoun at 9-04-2015 02:28 PM (5 years ago)
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Ok, let her explain.
Posted: at 9-04-2015 02:28 PM (5 years ago) | Gistmaniac
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- joseusi007 at 9-04-2015 02:30 PM (5 years ago)
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Quote from: paul eweka on  9-04-2015 02:00 PM
What a question! how come you are earning dollars here in Nigeria and yet nobody is questioning you...remove the speck in your eyes first madam!
is this shadow lord haha . guy was up
Posted: at 9-04-2015 02:30 PM (5 years ago) | Upcoming
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- jdybad at 9-04-2015 02:51 PM (5 years ago)
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now they are exposing themselves because GMB is in power...................
heheheheheh

the gun is fetching them out
Posted: at 9-04-2015 02:51 PM (5 years ago) | Upcoming
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- DMG17 at 9-04-2015 03:16 PM (5 years ago)
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AND THE REST OF THE MONEY GOES INTO YOUR PRIVATE ACCOUNTS BOTH HOME AND ABROAD. WHAT HAPPENS TO THE ALLOCATIONS OF THE OTHER STATES IN NIGERIA? IF YOU THINK THAT NIGERIANS ARE FOOLS, YOU CONVENIENT DECEIVE YOURSELF.  
Posted: at 9-04-2015 03:16 PM (5 years ago) | Gistmaniac
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- bash77 at 9-04-2015 05:40 PM (5 years ago)
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Lol! ......" no sabi enlish...." Correct yourself first brother
Posted: at 9-04-2015 05:40 PM (5 years ago) | Newbie
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- winace at 9-04-2015 07:54 PM (5 years ago)
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So??v why will borno and kano get much too. Wat are they comtributing to d economy? Abegii
Posted: at 9-04-2015 07:54 PM (5 years ago) | Addicted Hero
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- dareper at 9-04-2015 11:28 PM (5 years ago)
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Imagine northern state that don't contribute any resources to nigeria economy getting more allocation than oil rich state. It hard time we divide this country. Rubbish!!!
Posted: at 9-04-2015 11:28 PM (5 years ago) | Addicted Hero
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- dareper at 9-04-2015 11:29 PM (5 years ago)
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States I mean. Sorry 4 the error
Posted: at 9-04-2015 11:29 PM (5 years ago) | Addicted Hero
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- dickman2 at 10-04-2015 06:00 AM (5 years ago)
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noise..na hear we hear am...una see am..
Posted: at 10-04-2015 06:00 AM (5 years ago) | Addicted Hero
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- echeeche at 10-04-2015 07:10 AM (5 years ago)
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 Grin
Posted: at 10-04-2015 07:10 AM (5 years ago) | Hero
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- Nicksam at 10-04-2015 09:36 AM (5 years ago)
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THIS COUNTRY IS SO RICH
Posted: at 10-04-2015 09:36 AM (5 years ago) | Hero
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- chealseafc at 10-04-2015 04:00 PM (5 years ago)
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may i know what the contribution of northern states to the national economy pls?.
Posted: at 10-04-2015 04:00 PM (5 years ago) | Gistmaniac
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- elchymo at 21-08-2015 03:20 AM (5 years ago)
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Too much money
Posted: at 21-08-2015 03:20 AM (5 years ago) | Addicted Hero
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