FAAC: BREAKDOWN OF SEPTEMBER 2016 FEDERAL ALLOCATIONS TO STATES.

1. Abia N3.01 billlion,

2. Adamawa N3.14 billion,

3. Cross River N2.04 billion,

4. Ekiti N2.16 billion,

5. Edo N2.54 billion,

6. Kaduna N4.23 billion,

7. Kano N5.2 billion,

8. Lagos N7.92 billion

9. Rivers N9.05 billion

10. Zamfara, N2.58 billion.

11. Delta N7.39 billion,

12. Anambra N3.43 billion,

14. Benue N3.37 billion,

15. Borno N3.9 billion,

16. Ebonyi N2.99 billion,

17. Enugu N3.34 billion,

18. Gombe N2.61 billion,

19. Nassarawa N2.92 billion,

20. Imo N2.97 billion.

21. Kogi N3.39 billion.

22. Yobe N3.29 billion,

23. Taraba N2.89 billion,

24. Sokoto N3.62 billion,

25. Plateau N2.31 billion,

26. Oyo N3.53 billion,

27. Osun N868.9 million,

28. Ondo N4.18 billion,

29. Ogun N2.16 billion,

30. Niger N3.49 billion

31. Katsina N4 billion,

32. Bayelsa N7.6 billion,

33. Bauchi N3.52 billion,

34. Jigawa N3.82 billion,

35. Kebbi N3.36 billion

36. Kwara N2.77 billion.

-NAN

36 states take N143.6bn from federation account in September – Report

Abuja – The 36 states got N143.6 billion from the federation account in September as their share of distributable revenue generated for the month.

The breakdown shows in a report from a source at the office of the Accountant-General of the Federation in Abuja on Sunday.

The funds are usually shared the following month; for example, revenue generated in January is shared in February; thus, the revenue shared was actually generated in August and shared in September 2016.

The key agencies that remit funds into the federation account are the Nigerian National Petroleum Corporation (NNPC), the Federal Inland Revenue Service and the Nigerian Custom Service.

At the Federation Account Allocation Committee (FAAC) meeting in September, federal, states and local governments shared N516 billion as against the N530 billion that was shared in August.

The report showed that the amount distributed included the Gross Statutory revenue, Value Added Tax, exchange gain, N35 billion excess Petroleum Profit Tax and 13 per cent derivation to oil producing states.

The oil producing states are Abia, Akwa Ibom, Bayelsa, Delta, Edo, Imo, Ondo and Rivers.

The report showed that before distribution, state liabilities were deducted.

The liabilities include an external debt of N2.9 billion, contractual obligations of N10.48 billion and other
deductions amounting to N16.9 billion.

The report showed that other deductions coverred National Water Rehabilitation Projects, National Agricultural Technology Support, Payment for Fertilizer, State Water Supply Project, State Agriculture Project and National Fadama Project.

To sum it up, here is what the 36 states got after all deductions were made.

Abia N3.01 billlion, Adamawa N3.14 billion, Cross River N2.04 billion, Ekiti N2.16 billion, Edo N2.54 billion, Kaduna State N4.23 billion, Kano State N5.2 billion, Lagos state N7.92 billion, Rivers N9.05 billion, and Zamfara, N2.58 billion.

Delta N7.39 billion, Anambra N3.43 billion, Benue N3.37 billion, Borno N3.9 billion, Ebonyi N2.99 billion, Enugu State N3.34 billion, Gombe State N2.61 billion, Nassarawa State N2.92 billion, Imo N2.97 billion and Kogi N3.39 billion.

Yobe got N3.29 billion, Taraba N2.89 billion, Sokoto state N3.62 billion, Plateau N2.31 billion, Oyo State N3.53 billion, Osun N868.9 million, OndoState N4.18 billion, Ogun N2.16 billion, Niger N3.49 billion and Kebbi N3.36 billion.

Also, Katsina state got N4 billion, Bayelsa N7.6 billion, Bauchi State N3.52 billion, Jigawa N3.82 billion, Kebbi N3.36 billion and Kwara N2.77 billion.

The report also showed that the Federal Capital Territory got N4.7 billion from the Federal Government’s share of the distributable revenue in September.

The FAAC committee is made up of commissioners of finance and Accountants-General from the 36 states of the federation; the Accountant General of the Federation, and representatives from the NNPC.

Others are representatives from the Federal Inland Revenue Service; the Nigerian Custom Service; Revenue Mobilisation, Allocation and Fiscal Commission as well as the Central Bank of Nigeria.

The federation account is currently being managed on a legal framework that allows funds to be shared to the three tiers of government under three major components.

These components are the statutory allocation, Value Added Tax distribution and allocation made under the derivation principle.

http://www.vanguardngr.com/2016/10/36-states-take-n143-6bn-federation-account-september-report/

why is Osun state allocation in millions.....why?? is it that the state is so cursed??....that means am even richer than osun state..smh

hope say obaseki go use our own well

as for ugwuanyi...u better complete the roads in nsk before I return home

Young03:
hope say obaseki go use our own well


as for ugwuanyi...u better complete the roads in nsk before I return home

ugwuanyi has done well....opi-nsukka is now very neat and well dualised..he's now working on 9th mile-obollo-benue road...work has started in full force at night mile as I type now

Enuguboy4nsk:

ugwuanyi has done well....opi-nsukka is now very neat and well dualised..he's now working on 9th mile-obollo-benue road...work has started in full force at night mile as I type now

ThankGod BT we need industries in nsukka nah,

u know apart from unn, nsk na wash

Enuguboy4nsk:
why is Osun state allocation in millions.....why is that state so cursed like that....that means am even richer than osun state..smh

Osun is a debtor state
Osun will not receive higher allocation until it's debt are repaid

Now we have seen this,
The F.G should ensure that all states publicly publish their monthly expenditure and leave avenues for verification open before the next allocation.

Failure to do this is corruption aiding corruption.
@ Enuguboy4nsk please modify the thread no number 13 which I believe is Akwa Ibom

Crying for Osun.. c Aresa

What does Bayelsa do with 7.6bn with just small eight local govts, yet can't pay salaries.

Small time, Dem go say Na Buhari cause that one too.

Enuguboy4nsk:
why is Osun state allocation in millions.....why is that state so cursed like that....that means am even richer than osun state..smh

aregbe has borrowed too much money,some of the debts has to be repaid from the state allocations.

Enuguboy4nsk:
why is Osun state allocation in millions.....why is that state so cursed like that....that means am even richer than osun state..smh

No, that is not the point. Osun is not poor at all.

Goodluck Ebele Jonathan was beefing Osun State before he left, that is why Osun State allocation was deducted every month.

This hatred by GEJ was transferred to Buhari. This is why Buhari has been deducting Osun State allocation.

Osun state is a cursed state under aregbe

Akwa Ibom's allocation is missing from the list above.

No money for Akwaibom State?



Where is the tabulated Local Government's allocation? Most rural Local Government's allocations are used to develop State Capital while the rural areas suffer in obscurity.

Nice one

Young03:



ThankGod BT we need industries in nsukka nah,

u know apart from unn, nsk na wash

bros is gradual...besides Nsk is not the state capital...but I believe u on the industry stuff and that's why we need our own adada state..what do u think??

Tolexander:
No, that is not the point. Osun is not poor at all.

Goodluck Ebele Jonathan was beefing Osun State before he left, that is why Osun State allocation was deducted every month.

This hatred by GEJ was transferred to Buhari. This is why Buhari has been deducting Osun State allocation.

lol are u kidding me?? so even if Gem hated Aregbe, Buhari who's his party man also hates him?? the federal Government hates no state...besides why will FG decide to hate only one state??

seunmsg:
Akwa Ibom's allocation is missing from the list above.

that's true, I haven't seen Akwa Ibom among the list, or is Akwa Ibom also a in debt?

Sharing of the "cake"

[quote author=Enuguboy4nsk post=50465668]
bros is gradual...besides Nsk is not the state capital...but I believe u on the industry stuff and that's why we need our own adada state..what do u think??[/quote


BT do u see us getting adada state now, since 35 yrs ago, the struggle for adada state has been on. its not gonna be easy cos more people needs a new state like us.

u know chimaroke did well for Enugu east, Sullivan did for west..gburu gburu should do for north as well

SillyMods:
What does Bayelsa do with 7.6bn with just small eight local govts, yet can't pay salaries.

Small time, Dem go say Na Buhari cause that one too.

I keep wondering what Bayelsa with just 8 LGs with probably the smallest civil service in Nigeria finds it difficult to pay salaries. Dickson is wicked.

Where is Akwa Ibom??

Missing?
13 ??

Akwa ibom omitted.

the thunder wey go fire mimiko of Ondo state and Dickson of Bayelsa state if they did not pay at least 2 months salary arrears to their workers is still doing press up.

What has Ajimobi done with #3.53 billion naira

Akwa Ibom is under corruption probe and hope Bayelsa governor will own up and pay up the salary own by his state!!!

There's no need checking that of Imo State.


It doesn't reflect on the well-being and infrastructural development in Imo State



#Senator Samuel Anyanwu 2019

Enuguboy4nsk:
w(W)hy is Osun state('s) allocation in millions.....(...) why?? (?) is (Is) it that the state is so cursed??(?) ....(...) t(T)hat means am(I'm) even richer than o(O)sun state..(...)smh

This your grammar shows you need urgent educational renovation. I suggest you enrol in one of Aregbesola's schools.

By the way, the State of Osun under Aregbesola has executed more projects than the entire 5 South-East Governors, their predecessors and your ancestors put together.

Proudlyngwa:
Now we have seen this,
The F.G should ensure that all states publicly publish their monthly expenditure and leave avenues for verification open before the next allocation.

Failure to do this is corruption aiding corruption.
@ Enuguboy4nsk please modify the thread no number 13 which I believe is Akwa Ibom

publish wetin , they will tell u it was used to pay salaries .

Mimiko, bomb dey yur head like diz like diz oo