Rich & poor states: How states shared N1tr in 6 months

Date: 07-11-2010 11:03 pm (13 years ago) | Author: Daniel Bosai
- at 7-11-2010 11:03 PM (13 years ago)
(m)
The 36 states in Nigeria have shared a total sum of N1 trillion between January and June 2010 from the national treasury.

In a summary of federal allocations to the states obtained by the Economic Confidential, the online intelligence magazine, within the period South-South states that are mostly oil-producing received the highest allocation of N386.8 billion followed by North-West N162.5 billion and South-West N160.7 billion.

Other regions like North-East got N119.7 billion, North-Central N117.2 billion and South-East received N99.4 billion.

In the finding by the Economic Confidential, Akwa Ibom State alone received a total sum of N104 billion while its neighbour, Cross River only got N18 billion in the first six months of the year.

Among the non-oil producing states, Lagos got the highest allocation of N48.5 billion followed by Kano with N31.9 billion. In a table that depicts the ranking of the states by the volume of allocations they received in that period, Akwa Ibom State came first with N104 billion, followed by Rivers N99.1 billion, Delta N90.4 billion, Bayelsa  N49 billion and Lagos N48 billion.

On  the table of recipients from the Federation Account,  Ebonyi is last with N16.5 billion, Ekiti N16.7 billion, Kwara N16.8 billion, Nasarawa N16.8 billion and Taraba  N17.2 billion


Posted: at 7-11-2010 11:03 PM (13 years ago) | Addicted Hero
- jossyjude at 17-11-2010 04:21 PM (13 years ago)
(m)
dats just their normal habit, they will continue to share money while the pple will continue to grown in pains and suffering
Posted: at 17-11-2010 04:21 PM (13 years ago) | Newbie
Reply
- frenzeecool_08 at 26-11-2010 08:10 PM (13 years ago)
(m)
ok thanks for d info
Posted: at 26-11-2010 08:10 PM (13 years ago) | Gistmaniac
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- ibraheemjimoh at 28-11-2010 01:39 PM (13 years ago)
(m)
very interesting, so there is money why some former Governors still want to go and borrow money.
Posted: at 28-11-2010 01:39 PM (13 years ago) | Upcoming
Reply
- popo2009 at 28-11-2010 01:46 PM (13 years ago)
(m)
So the FG allocate such huge amount of money to each states
why cant they (FG) ask the state govts to account dor the money allocated to them
before giving them another one.
This country is bloody rich....why are we suffering???
Posted: at 28-11-2010 01:46 PM (13 years ago) | Gistmaniac
Reply
- Neglito at 2-07-2012 10:03 PM (11 years ago)
(m)
If truly we're all Nigerians and belong to one Nigeria, the money should be shared on equal basis. Why should Akwa Ibom receive more money than the entire South East of five states put together, @poster, I want to know how much that was given to IMO because she an oil producing state too before I start my fight with whosoever that is responsible for this sharing mode.
Posted: at 2-07-2012 10:03 PM (11 years ago) | Gistmaniac
Reply

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