See The Amount Each State Collected as Federal Allocation for the Month of July 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.

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Posted: at 25-07-2016 04:18 PM (7 years ago) | Addicted Hero

Hmmmmmmmmmm

Posted: at 25-07-2016 04:40 PM (7 years ago) | Addicted Hero

OK

Posted: at 25-07-2016 05:32 PM (7 years ago) | Addicted Hero

Hope dey do right with d money, i don't want to hear excuses anymore..

Posted: at 25-07-2016 05:41 PM (7 years ago) | Hero

The other day America or Britain told Bukharin not to deploy armies, because they understand the casualty and victims of war would be high,  unless the avengers justifies such a measure, which means they can play into the trap of the government, also America can benefits from higher oil prizes, so they may be comfortable with its low output, the avengers should learn business and take a hint, "make flask from bamboo".

Posted: at 25-07-2016 05:49 PM (7 years ago) | Gistmaniac

Y'ALL BETTER be careful, be very very careful, CAREFULLLLLLLLLLLLLLLL...

Posted: at 25-07-2016 06:02 PM (7 years ago) | Hero

Who ask you? You shake him, or you don't shake him, how will it improve the nation economy?

Posted: at 25-07-2016 06:55 PM (7 years ago) | Gistmaniac

Gud I no want  hear say Dem no pay workers oo

Posted: at 25-07-2016 07:41 PM (7 years ago) | Hero

with all this money no Good roads, workers have not been payed for years, what are they actually doing with the money,

Posted: at 25-07-2016 08:24 PM (7 years ago) | Hero

I see

Posted: at 25-07-2016 11:19 PM (7 years ago) | Hero