discusant:


But what criterion do they use to share the allocations largely derived from crude oil?
Abia and Imo States, two oil and gas producing states received a pittance compared to Delta, Lagos, Kano, Oyo.

Standing5:
mostly augmented by loans. Crude revenue goes largely towards repayment of old loans and new loans goes for the addictive sharing process.

goslowgoslow:

But the money is not loan to the state.

Paraman:
Look at Ondo and Oyo too. Ondo is the most terrible in the south west. Look at what Ekiti earned compared to Ondo state but there's more development activities going on in Ekiti compared to Ondo state.

Paraman:
What is Delta and Rivers doing with all this massive money sef?

ogaontop:
Some of these states are owing the FG and the loan is split over many years, so FG will deduct the monthly loan repayment before disbursing any allocations!
Most of what you saw there are not the actual allocations!
States like Kaduna, Delta, and Abia has their ex-governors owing foreign bodies in Dollars and these allocations go into debt servicing; while some others are owing other local debts apart from the federal government.
So when your state governor is not performing, think about the amount he's paying back as loan collected by his predecessors plus the amount he's embezzling and know how much is left for "actual" work.

Lagos is generating far more than their monthly federal allocation.

Thormentor:

something is devilishly wrong with Bayelsa State

jeez!!

Richtaiwo:
The only Elu P state received N54.2 billion. Within same period Ogun received N40 billion. Abia is owing workers 11 months salary of 18k minimum wage while Ogun is up to date with over 30k. Reason is very simple. Just tell them Tinubu is the problem, you are free man and the best governor for saying the truth while run to their social media handle to insult Tinubu down to his ancestors.

Sapasenator:


Why so much difference between Anambra and Ogun? Aside from being an oil-producing state, what other criteria are considered to arrive at the allocation figures?

leokid866:
lol please tell us where it says that state allocations from FAAC is based on what states generate as IGR.....Cause if we were going by the logic you pulled out of your ass Lagos should be top of that list.....you are so riddled with envy for the SW instead of you to face your state you are here ranting about someone else's......there are only six states in Nigeria that can survive without FAAC Lagos, Oyo, Ogun, FCT, Kaduna, Kwara.....if dem born your governor well tell him to abstain from FAAC for 3 months let see what becomes of your state...... I bet you don't even know the difference between FAAC and IGR....you're just here to display your ignorance....I feel sorry for those who raised you.....they deserve a refund.....

Paraman:
What is Delta and Rivers doing with all this massive money sef?

Thormentor:

something is devilishly wrong with Bayelsa State

jeez!!

ednut1:
https://www.premiumtimesng.com/business/5997-76_oil_wells_belong_to_akwa_ibom_supreme_court_rules.html

MrProlific95:
My Delta state collecting huge loan with nothing to show for it

leokid866:
lol please tell us where it says that state allocations from FAAC is based on what states generate as IGR.....Cause if we were going by the logic you pulled out of your ass Lagos should be top of that list.....you are so riddled with envy for the SW instead of you to face your state you are here ranting about someone else's......there are only six states in Nigeria that can survive without FAAC Lagos, Oyo, Ogun, FCT, Kaduna, Kwara.....if dem born your governor well tell him to abstain from FAAC for 3 months let see what becomes of your state...... I bet you don't even know the difference between FAAC and IGR....you're just here to display your ignorance....I feel sorry for those who raised you.....they deserve a refund.....

Standing5:
Okowa is delta igbo. Dude use money to support Atiku while Wike used Rivers money to challenge Atiku. Lol.

Richtaiwo:
The only Elu P state received N54.2 billion. Within same period Ogun received N40 billion. Abia is owing workers 11 months salary of 18k minimum wage while Ogun is up to date with over 30k. Reason is very simple. Just tell them Tinubu is the problem, you are free man and the best governor for saying the truth while run to their social media handle to insult Tinubu down to his ancestors.

Nwaokunkpara:


Even at that okowa worked but you see this sheriff of a governor, nothing has been felt of his governance

Richtaiwo:
The only Elu P state received N54.2 billion. Within same period Ogun received N40 billion. Abia is owing workers 11 months salary of 18k minimum wage while Ogun is up to date with over 30k. Reason is very simple. Just tell them Tinubu is the problem, you are free man and the best governor for saying the truth while run to their social media handle to insult Tinubu down to his ancestors.

Sapasenator:


Why so much difference between Anambra and Ogun? Aside from being an oil-producing state, what other criteria are considered to arrive at the allocation figures?

AviatorMoney:

Is this foolishness speaking or just mere illiteracy?
Are u saying now that Kwara state has higher IGR than RIVERS STATE?

Paraman:
What is Delta and Rivers doing with all this massive money sef?

Abaman001:

Do I say ignorance or hatred or maybe too many kids on nairaland with regional and tribal hates, this negative attitudes occasioned by political sentiments won't improve ur scope of wealth, connection and relationship across board in Nigeria but rather it will reduce you to a local champion with a limited opportunities as a result of a narrow mindedness, pls, free urself from that bondwagon of tribal hatred..hmmm, meanwhile, here is the true information about the six states that can actually survive without FAAN in Nigeria....
https://www.legit.ng/1436052-list-sates-can-survive-any-federal-allocation.html

Thormentor:

something is devilishly wrong with Bayelsa State

jeez!!