Five Nigerian states received highest disbursement from the federal allocation in the first half of 2019, according to an analysis by Nigeria Extractive Industries Transparency Initiative (NEITI).
The analysis of FAAC disbursements for H1 2019 showed that the three levels of governments shared a total disbursement of N3.842 trillion. The figure was 2.61% lower than the N3.946 trillion disbursed in the first half of 2018 but 37.79% higher than the N2.788 trillion disbursed in the first half of 2017.
According to the report, the Federal Government (FG) received the highest revenue, followed by state governments, with local governments receiving the lowest revenue.
Out of the N3.842 trillion generated in the first half of 2019, the federal government received N1.599 trillion, representing 41.61% of the total amount disbursed. Furthermore, the state governments received N1.335 trillion as a share of the national revenue while local governments received N792 billion.
Business Insider SSA looks at five Nigerian states with the highest revenue share within the period.
5 States with the highest federal allocation in the first half of 2019 are:
1. Delta: N108.7 billion
2. Akwa Ibom: N86.12 billion
3. Rivers: N75.84 billion
4. Bayelsa: N66.76 billion
5. Lagos: N58.1 billion
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FACEBOOK COMMENTS
View previous comments…Zack Zachary Isha Jnr
And yet SS states are experiencing colossal poverty and shortage in basic infrastructure
Kehinde Prince Oluremi Abayomi
They collected allocation that's above Lagos, still their people still run to Lagos for greener pastures!
Na we we dey kill ourselves with greed.
Na we we dey kill ourselves with greed.
Henry D Great
Thought they say ''people are the government'' but I haven't receive my own allocation nah.
Robinson Emeke Ikebueze
The south south and south east states should push for total resource control and true fiscal federalism instead of collecting paltry and ridiculous amounts of money from the federal government every month in the name of allocation. It is very abnormal and insulting for the federal government to be giving financial handouts to states every month in the name of allocation. States should control their resources for better utilization, management and development. Nigeria should be restructured.
Robinson Emeke Ikebueze
If trillions of naira are given to the oil producing states every month for their oil resource, it is not too much. So, those of you making unguarded utterances against the south south and south east states because of the very low, paltry and ridiculous amounts posted above should find something better to say. The federal government is seriously shortchanging the oil producing states. The amounts posted above are crumbs as far as I am concerned compared to the amounts they should be making if they are in control of their God given oil resource.
Mac David Akwuking
Hmmmmm and what are they doing with the money and you are telling money no dey this country?
Sebastian Chukwudumebi Egbuneonwo
Chai! These money now, wetin them use am do? No better project for the states
Jesse Osayande Vucinic Ehiagwina
Visit those stats and you'd laugh yourself out
