•Lagos (N168,688,367,207) •Ogun
(N68,975,959,765.69) •Oyo (N93,524,683,879.60) •Kwara (N52,393,463,610.54)
Facts have emerged that a total of
N8.8 trillion accrued to the three tiers of government from the Federation
Account between January and December 2012 from the statutory and VAT
allocations.
According to a report by an
authoritative online medium, Economic Confidential magazine, this amount is
exclusive of other allocations such as derivation (for oil-producing states),
excess crude account, domestic crude account, subsidy reinvestment programme
(SURE-P), Nigerian National Petroleum Corporation refund and foreign exchange
differentials.
From statistics provided by the
medium, South-South states received the highest allocations, with Akwa-Ibom
receiving N217,776,188,886.07, followed by Rivers State which received
N177,488,261,117.17. Bayelsa State got N115,743,144,031.67; Delta State
got a total of N156,052,071,645.19, while Edo State got N68,169,040,433.24.
Cross River State N63,894,575,941.74
Lagos State in the Southwest got a
total of N168,688,367,207.00 (the highest in the region), followed by Oyo
State, which received a total of N93,524,683,879.60. Other states in the
region: Ondo, got N78,416,358,272.47 (apart from 13 per cent derivation funds);
Osun, N72,200,789,928.64; Ogun, N68,975,959,765.69 and Ekiti, N50,303,046,508.
In the North-Central, Niger State got
the highest, with a total allocation of N79,747,942,955.64, followed by Benue
State, which got N74,603,841,100.92. Plateau got a total of N59,990,295,696.88;
Kogi N70,564,808,263.64; Kwara N52,393,463,610.54 and Nassarawa,
N49,262,377,875.93; FCT, N19,130,584,542.15.
Allocations to the five South-East
states are as follows: Abia, N63,964,695,387.15; Anambra, N71,968,922,762.11;
Enugu, N62,548,484,175.02; Ebonyi, N45,335,956,658.49 and Imo
N77,410,109,305.85.
In Northwest, Sokoto State received
N74,313,032,890.28; Kebbi, N63,796,638,658.10; Kaduna,
N81,046,716,051.44; Kano, N130,005,314,633.13; Katsina, N96,823,335,677.90;
Zamfara, N58,718,959,085.4 and Jigawa N81,595,023,492.97.
Borno State in the Northeast received
N86,937,123,465.06; Taraba State, N64,934,346,702.87; Yobe, N63,558,436,853.11;
Adamawa, N69,270,963,933.11; Bauch, N78,754,834,467.25 and Gombe,
N48,750,924,392.47.
The Federal Government got a whopping
N2,430,374,155,844.59
Although the figures include
allocations to the 774 local governments, they were not separated from those of
the states because a common practice in almost all the states is the lack of
fiscal freedom for the councils. “The states help the local governments to
spend their money” was how a financial analyst put it during the week.
The online medium also noted that the
disparity in the allocations to the states came as a result of the indices
developed by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC),
upon which the monthly disbursements are made by the Federation Accounts
Allocation Committee (FAAC) chaired by the Minister of State for Finance.
The indices include population, land
mass, derivation, equality, internally generated revenue and other social
development factors like school enrolment, hospital beds and road networks.
Source: Tribune
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