• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Customs Partners US Mission to Prevent Expanded Visa Ban

      Nigeria Customs Partners China on Smarter Ports, Officer Training, Reforms

      Comptroller General Nigerian Customs Bashir Adewale

      Customs Moves Against 223 Importers in N379bn Permit Breach

      Bashir Adewale Adeniyi Customs Boss

      How Customs is Tightening Borders to Stop Illicit Cash Flows –…

      Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

      Codeine, Tramadol Worth ₦20.5bn Seized as Customs-NAFDAC Cooperation Deepens

  • National
    • Dr. Emmanuel Ojukwu and representatives at NIPR FCT the meeting

      NIPR FCT Chapter Focuses on Crisis Communication and Professionalism

      Inspector-General of Police Kayode Adeolu Egbetokun

      IG Boosts Police Intelligence Capacity with New Tech, Training for Technical…

      Army Commander keeps 100 students in school

      Army Commander’s Compassion Keeps 100 Students in School in Zamfara

      Sam Obi Sponsors 500 students

      Sam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ’s Education Program

      CG Customs Bashir Adewale Adeniyi

      NIPR Hails customs Boss’ Tenure Extension as Evidence of Transformational Leadership

    • Government
      • Olubaka of Oka Praises Foundation for “Best Oka Day” Festival

        Dr. Emmanuel Ojukwu and representatives at NIPR FCT the meeting

        NIPR FCT Chapter Focuses on Crisis Communication and Professionalism

        Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

        FG Reacts to Niger Governor’s Closure of Badegi FM

        Northern leaders at Arewa Summit

        Northern Leaders Urge Action on Almajiri Crisis, Equitable Resources at Arewa…

        Saidu Ahmed Alkali,

        Kaduna-Kano Light Rail Underway as FG Targets ₦70bn Investment

  • Security
    • The Director of Defence Media Operations, Major-General Markus Kangye,

      Troops Eliminate Dozens of Terrorists, Arrest 578 Suspects in July Operations

      Inspector-General of Police Kayode Adeolu Egbetokun

      IG Boosts Police Intelligence Capacity with New Tech, Training for Technical…

      Nigerian Police Force

      Anambra Police Nab Wanted Kidnap Suspect in Kaduna

      Nigerian Navy

      Navy to Establish  Base in Kebbi to Tackle Inland Waterway Crimes

      Army Commander keeps 100 students in school

      Army Commander’s Compassion Keeps 100 Students in School in Zamfara

  • Features
    • CG Customs Bashir Adewale Adeniyi

      Customs Just Wrote Nigeria’s Energy Rulebook

      Okello Oculi

      Okello Oculi: A Pan-Africanist Asteroid Burns out Forever By Is’haq Modibbo…

      Leon Usigbe

      Death, you can’t be Proud of this By Abdulrahman Abdulraheem 

      Tinubu’s Plateau Gambit – Yilwatda, 2027, and the Return of the…

      Ozumi and a recipient of a wheelchair

      Wheels of Hope: How a Simple Gift is Reshaping Lives at…

  • State
    • court Judiciary

      Lawyer Sues Housing Ministry, FHA Over Alleged Property Redesign

      Army Commander keeps 100 students in school

      Army Commander’s Compassion Keeps 100 Students in School in Zamfara

      Chief of the Air Staff (CAS), Air Marshal Hasan Abubakar, receiving the land document from Governor Pastor Umo Bassey Eno in Akwa Ibom

      Akwa Ibom Boosts National Security with Land Donation for Nigerian Air…

      Nigerian Army

      Army Denies Allegations of Misconduct in Imo Community

      Military Troops in Action

      Troops Repel Bandit Attacks in Katsina, Plateau, Recover Rustled Cattle, Sustain…

  • Event
    • Olubaka of Oka Praises Foundation for “Best Oka Day” Festival

      court Judiciary

      Lawyer Sues Housing Ministry, FHA Over Alleged Property Redesign

      Sam Obi Sponsors 500 students

      Sam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ’s Education Program

      Comptroller General Customs Bashir Adewale and his staffs with the representatives of the European Union, the German Embassy

      Customs Unveils Renewable Energy Handbook, Strengthens EU-Germany-GIZ Partnership

      University of Maiduguri

      UNIMAID Mass Comm becomes Faculty of Communication and Media Studies

    • PR Nigeria Award
  • E-Paper
Home Government Buhari’s 1 Year: States, LGs Gulp N2.8tr from Federation Account
  • Government
  • National

Buhari’s 1 Year: States, LGs Gulp N2.8tr from Federation Account

By
Prnigeria
-
June 12, 2016
…. Akwa-Ibom Got N173bn, … Gombe and Ebonyi N49bn each
Econ-Cover-June-2016-FAAC (1)A new report has disclosed that the 36 states and the 774 local government councils in Nigeria shared a total sum of N2.8 trillion from the Federation Account in the one year of President Muhammadu Buhari’s administration.
An exclusive report by the Economic Confidential, an intelligence economic magazine, disclosed that the total figure was payment made to the two tiers of government between June 2015 and May 2016 at the monthly meeting of the Federation Account Allocation Committee (FAAC)..
In the report, Lagos state is ranked first as the highest recipient of gross allocation with a total sum of N178bn in the twelve months. It is followed by Akwa State N173bn, Delta State N144bn and Kano State N117bn. The five states cornered a quarter (25%) of the total allocation for the States and local government councils in Nigeria within the one year period.
Among the 10 highest recipients from the Federation Account are Bayelsa State which got N95bn; followed by Katsina State N88bn, Oyo State N84bn, Kaduna State N83bn and Borno State N78bn.
The lowest recipients are Gombe and Ebonyi States that got N49bn each followed by Ekiti and Nasarawa States N50bn each and Kwara N52bn.
The report further disclosed that Edo and Ondo which are oil-producing states got N66bn and N71bn respectively while another state in the South-South, Cross River State merely received N59bn.
The Economic Confidential gathered that factors that influence allocation to states and local government councils from the Federation Account include: Population, Derivation, Landmass, Terrain, Revenue Effort, School Enrollments, Health Facilities, Water Supply and Equality of the beneficiaries.
Meanwhile, the Economic Confidential which has been publishing the monthly Federation Account Allocation figures in the print edition of the magazine since January 2007, has commenced the publication of the monthly allocation in its online version.
The magazine is a sister publication of PRNigeria, a news release syndication platform.
Please see the Breakdown of the allocations to States and their Local Government Councils from the table in this link: http://economicconfidential.com/2016/06/one-year-buhari-states-lgs-gulp-n2-8tr-federation-account/
By PRNigeria
PRNigeria encourages institutions to be transparent in their information management as it provides news items from authoritative sources for free use by the media
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Economic Confidential
  • Federation Account Allocation Committee
  • President Muhammadu Buhari’s
Previous articleNIS Deploys Technology for Immigration Services
Next articleNigeria, Cameroun, UNHCR Agree on IDPs Return
Prnigeria
Prnigeria
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Olubaka of Oka Praises Foundation for “Best Oka Day” Festival

Dr. Emmanuel Ojukwu and representatives at NIPR FCT the meeting

NIPR FCT Chapter Focuses on Crisis Communication and Professionalism

Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

FG Reacts to Niger Governor’s Closure of Badegi FM

Inspector-General of Police Kayode Adeolu Egbetokun

IG Boosts Police Intelligence Capacity with New Tech, Training for Technical Intelligence Unit

Army Commander keeps 100 students in school

Army Commander’s Compassion Keeps 100 Students in School in Zamfara

Sam Obi Sponsors 500 students

Sam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ’s Education Program

CG Customs Bashir Adewale Adeniyi

NIPR Hails customs Boss’ Tenure Extension as Evidence of Transformational Leadership

Comptroller General Customs Bashir Adewale and his staffs with the representatives of the European Union, the German Embassy

Customs Unveils Renewable Energy Handbook, Strengthens EU-Germany-GIZ Partnership

University of Maiduguri

UNIMAID Mass Comm becomes Faculty of Communication and Media Studies

CG Customs Bashir Adewale Adeniyi

Tinubu’s Extension of Customs CG Bashir Adeniyi’s Tenure Draws Widespread Praise and Reactions

Inspector-General of Police Kayode Adeolu Egbetokun

IG Reaffirms Commitment to Tackling Oil Theft, Upholding Human Rights

Northern leaders at Arewa Summit

Northern Leaders Urge Action on Almajiri Crisis, Equitable Resources at Arewa Summit in Kaduna

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Olubaka of Oka Praises Foundation for “Best Oka Day” Festival
  • NIPR FCT Chapter Focuses on Crisis Communication and Professionalism
  • Troops Eliminate Dozens of Terrorists, Arrest 578 Suspects in July Operations
  • FG Reacts to Niger Governor’s Closure of Badegi FM
  • Information Ministry Inaugurates Anti-Corruption Unit to Deepen Transparency
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Olubaka of Oka Praises Foundation for "Best Oka Day" FestivalNIPR FCT Chapter Focuses on Crisis Communication and ProfessionalismTroops Eliminate Dozens of Terrorists, Arrest 578 Suspects in July OperationsFG Reacts to Niger Governor’s Closure of Badegi FMInformation Ministry Inaugurates Anti-Corruption Unit to Deepen TransparencyIG Boosts Police Intelligence Capacity with New Tech, Training for Technical Intelligence UnitAnambra Police Nab Wanted Kidnap Suspect in KadunaCustoms Just Wrote Nigeria's Energy RulebookLawyer Sues Housing Ministry, FHA Over Alleged Property RedesignNavy to Establish  Base in Kebbi to Tackle Inland Waterway CrimesArmy Commander's Compassion Keeps 100 Students in School in ZamfaraSam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ's Education ProgramNIPR Hails customs Boss' Tenure Extension as Evidence of Transformational LeadershipAkwa Ibom Boosts National Security with Land Donation for Nigerian Air Force BaseCustoms Unveils Renewable Energy Handbook, Strengthens EU-Germany-GIZ Partnership
X whatsapp