• 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
    • 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…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

  • Fact-Check
  • Economy
    • Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

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

      Acting Controller General of Customs, Nigerian Customs Services, NSC, Ag. CG Bashir Adewale Adeniyi

      Adeniyi Inaugurates Lagos School Renovated by Nigeria Customs 

      Abdullahi Aliyu Maiwada

      Customs’ Maiwada Named Among Nigeria’s 50 Most Influential PR Voices

      Acting Controller General of Customs, Nigerian Customs Services, NSC, Ag. CG Bashir Adewale Adeniyi

      Customs Exposes Scam Over Form M Migration to B’Odogwu Platform

      CBN

      The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri…

  • National
    • Niger Police Rescue 37 Human Trafficking Victims, Arrest 10 Suspects

      Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Abubakar Audi

      NSCDC Issues Licences to 28 Private Security Companies, Urges Enhanced Intelligence…

      Lt. Col (Mrs) Onyechi Appolonia Anele, FSS, anipr

      Army Debunks Viral Video on Arrest of Foreign Arms Dealer, Says…

      Military Troops in Action

      Military Intensifies Offensive, Eliminate Dozens of Bandits, Recover Arms, Livestock in…

      PHOTOS: How Nigerian Military’s Coordinated Air and Ground Assault Crushed Terrorists…

    • Government
      • Police Officer

        Police Bust Notorious Kidnapping, Sea Piracy Syndicate, Arrest 5 Suspects in…

        Abike Dabiri CEO NIDCOM

        NiDCOM Secures Release of Stranded Nigerians in CAR, Says Repatriation Underway

        In Kano, NAFDAC Shuts Down Warehouse Stocked with Explosive Chemicals

        Abike Dabiri CEO NIDCOM

        NiDCOM Condemns Killing of 2 Nigerians in S’Africa, Demands Justice

        Military Troops in Action

        Troops Neutralize Terrorists, Recover Weapons, Destroy Motorcycles in Zamfara, Kebbi, Niger

  • Security
    • Police Officer

      Police Bust Notorious Kidnapping, Sea Piracy Syndicate, Arrest 5 Suspects in…

      Niger Police Rescue 37 Human Trafficking Victims, Arrest 10 Suspects

      Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Abubakar Audi

      NSCDC Issues Licences to 28 Private Security Companies, Urges Enhanced Intelligence…

      CP Ajao Saka Adewale

      FCT Police Secure Release of 2 Abducted Women After Swift Operation

      Army Recovers Weapons, Rescues Teenager in Plateau

  • Features
    • 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…

      Late Ex-President Muhammadu Buhari and Mansur Liman

      “Buhari: A Blunt, Honest Leader Who Laughed at His Own Predicament”

      Intelligence Synergy: Reshaping Nigeria’s Security Architecture, By Mukhtar Ya’u Madobi

      When Media Saves Lives: How NEMA is Equipping Journalists for Disaster…

  • State
    • Police Officer

      Police Bust Notorious Kidnapping, Sea Piracy Syndicate, Arrest 5 Suspects in…

      Niger Police Rescue 37 Human Trafficking Victims, Arrest 10 Suspects

      CP Ajao Saka Adewale

      FCT Police Secure Release of 2 Abducted Women After Swift Operation

      Army Recovers Weapons, Rescues Teenager in Plateau

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

  • Event
    • Cross section of participants and guests at the Kaduna State Chapter world PR day

      Kaduna NIPR Urges Students to Embrace Evolving PR Landscape

      Engr. Saleeman Adedoyin Saleeman

      Global IT Leader Saleeman Adedoyin Launches Free Summer School in Ilorin…

      Celestine Achi, AI in PR specialist

      BOOK REVIEW: AI is Reshaping PR—Celestine Achi Shows Us How

      Saudi Arabia’s ‘Sleeping Prince’ Dies Weeks After PRNigeria Debunked Viral Recovery…

      Young Muhammadu Buhari jnr

      A Young Buhari’s Poetic Tribute to a Leader By Yushau A….

    • PR Nigeria Award
  • E-Paper
Home Economy Windfall Amidst Recession: States, LGs Share N2.6tr in 2016
  • Economy
  • National

Windfall Amidst Recession: States, LGs Share N2.6tr in 2016

By
Economic Confidential
-
February 5, 2017
Kemi-Adeosun Finance Minister
Kemi-Adeosun Finance Minister
Lagos Got N178bn, Akwa-Ibom N150bn, … Gombe and Ebonyi N46bn each
A new report has disclosed that the 36 states and the 774 local government councils in Nigeria shared a total sum of N2.6 trillion from the Federation Account in 2016 in spite of the prevailing economic recession.
In an elaborate investigation by the Economic Confidential, an intelligence economic magazine, the total figure was payment made to the two tiers of government between January and December 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 N150bn, Rivers N134bn, Delta State N126bn and Kano State N111bn. The five states cornered a quarter (25%) of the total allocation for the States and local government councils in Nigeria
Among the 10 highest recipients from the Federation Account are Bayelsa State which got N99bn; followed by Katsina State N83bn, Oyo State N80bn, Kaduna State N78bn and Borno State N73bn.
The lowest recipients are Gombe and Ebonyi States that got N46bn each followed by Ekiti and Nasarawa States N47bn each and Kwara N49bn.
The report further disclosed that Edo and Ondo which are oil-producing states got N59bn and N70bn respectively while another state in the South-South, Cross River State merely received N55bn.
The Economic Confidential gathered that factors that influence allocations to states and local government councils from the Federation Account include: Population, Derivation, Landmass, Terrain, Revenue Effort, School Enrolments, 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.
Please see the Breakdown of the monthly allocations to States and their Local Government Councils in 2016 in the attachments.
Read: http://economicconfidential.com/2017/02/states-lgs-share-n2-6tr-2016/
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
  • faac
  • Kaduna State
  • Recession
Previous articleIBB Returns from Medical Vacation
Next articleVP, SGF Yet to Comply with Presidential Directive to Reinstate NDPHC GM
Economic Confidential
Economic Confidential
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

Niger Police Rescue 37 Human Trafficking Victims, Arrest 10 Suspects

Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC), Dr. Ahmed Abubakar Audi

NSCDC Issues Licences to 28 Private Security Companies, Urges Enhanced Intelligence Sharing

Lt. Col (Mrs) Onyechi Appolonia Anele, FSS, anipr

Army Debunks Viral Video on Arrest of Foreign Arms Dealer, Says Footage is Old

Military Troops in Action

Military Intensifies Offensive, Eliminate Dozens of Bandits, Recover Arms, Livestock in Zamfara

PHOTOS: How Nigerian Military’s Coordinated Air and Ground Assault Crushed Terrorists in Warari Operation

Brigadier General Olakunle Oluseye Nafiu, Director General of the National Youth Service Corps (NYSC)

NYSC Seeks Stakeholder Support to Enhance Orientation Exercises

Late President Muhammadu Buhari

Walson-Jack: Buhari Was a Pillar of Integrity in Nigeria’s Public Sector

Nigerian Army College of Environmental Science and Technology, Makurdi

Nigerian Army College Introduces Strategic Communication and Artificial Intelligence Programmes for 2025/2026 Session

IGP Kayode Egbetokun Police Boss

Police bust arms syndicate terrorizing N’central states, recover weapons

Military Troops in Action

Nigerian Troops Neutralize Over 100 Bandits in Decisive Warari Operation

NSCDC, DSS Deepen Synergy to Enhance Security in FCT

Naval Chief Applauds PRNigeria for Countering Fake News, Promoting National Security

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Kaduna NIPR Urges Students to Embrace Evolving PR Landscape
  • FACT-CHECK: Did a N10bn Lafia Flyover Collapse Three Weeks After Commissioning in Nasarawa?
  • Police Bust Notorious Kidnapping, Sea Piracy Syndicate, Arrest 5 Suspects in Delta
  • Niger Police Rescue 37 Human Trafficking Victims, Arrest 10 Suspects
  • NSCDC Issues Licences to 28 Private Security Companies, Urges Enhanced Intelligence Sharing
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Kaduna NIPR Urges Students to Embrace Evolving PR LandscapeFACT-CHECK: Did a N10bn Lafia Flyover Collapse Three Weeks After Commissioning in Nasarawa?Police Bust Notorious Kidnapping, Sea Piracy Syndicate, Arrest 5 Suspects in DeltaNiger Police Rescue 37 Human Trafficking Victims, Arrest 10 SuspectsNSCDC Issues Licences to 28 Private Security Companies, Urges Enhanced Intelligence SharingFCT Police Secure Release of 2 Abducted Women After Swift OperationArmy Recovers Weapons, Rescues Teenager in PlateauTinubu’s Plateau Gambit - Yilwatda, 2027, and the Return of the Machiavellian Strategist By Abdullahi O Haruna HaruspiceEFCC Probes UK-Bound Female Passenger Over Undeclared Foreign Currencies at Lagos AirportNAF Bolsters Battlespace Dominance with New Combat-Ready UAV OperatorsDefence Ministry Introduces Green Curriculum in Military SchoolsNigerian Army Probes Viral Troop Feeding Video, Reaffirms Commitment to Soldiers' WelfareNiDCOM Secures Release of Stranded Nigerians in CAR, Says Repatriation UnderwayIn Kano, NAFDAC Shuts Down Warehouse Stocked with Explosive ChemicalsNiDCOM Condemns Killing of 2 Nigerians in S'Africa, Demands Justice
X whatsapp