The Federal Government, the 36 States of the federation and the Federal Capital Territory have so far shared the sum of N2.56 trillion in the first half of 2017 from the Federation Account Allocation Committee, an investigation by Economic Confidential has revealed.
Diligent search and careful computation by the Economic Intelligence magazine showed that apart from the Federal Government that got N1.09 trillion, Akwa Ibom State has the highest allocation among the states when it received N92.72 billion within the period under review, with nine other states leading the pack.
The nine other states in the leadership positions are Lagos, which is second with N91.45 billion; Rivers State comes third with N81.41 billion; the fourth position grabbed by Delta with N71.98 billion; while Kano State got the fifth place with N62.90 billion; throwing a derivation state of Bayelsa to the sixth position with N61.45 billion.
Others among the first 10 are Katsina State in the seventh position garnering N44.80 billion, Oyo State number eight with N43.78 billion, Kaduna State in number nine position with N42.60 billion and the 10th place surprisingly going to Borno State with N39.63 billion despite the calamities that have befallen the North Eastern state.
The Economic Confidential search further revealed that the states with the lowest allocation from the Federation Account within the period under review are Gombe coming 36, with N24.87 billion, followed by Ebonyi State with N24.91 billion in the 35th position, Nasarawa State in the 34th position with N25.41 billion, while Ekiti and Kwara States took the 33rd and 32nd positions respectively with N25.57 billion and N26.48 billion.
A graphic look at the six geopolitical zones in the country showed that the South South states put together hit the number one position in the Federal Allocation within the period under review with N368 billion, the North West took the second position with N283 billion, sending the South West states to the third position with N262 billion.
The North Central geopolitical zone got N190 billion to stand at the fourth position, while the fifth and the sixth positions went to the North East and South East with N189 billion and N154.7 billion respectively.
The Economic Confidential has been at the forefront of dishing out Federation Account allocations figures of all tiers of government for the benefit of Nigerians in the last decade.
The table of the disbursements and graphs are attached here also in this link: https://economicconfidential.com/faac-fg-states-jan-june-2017/
The Economic Confidential is a sister publication of PRNigeria.