See Federal Allocation To States For The Month of July 2016

 

Thirty-six states of the Federation and the Federal Capital Territory, Abuja, collectively received a whopping N673.324billion as their share of statutory allocation for the month of July and first tranche of the excess crude earnings distribution for the period. This was revealed in a document from the office of the Accountant-General of the Federation titled: Distribution of Statutory Allocation and Excess Crude Proceeds to the three tiers of Government in July 2016.

According to a  document obtained by ThisDay, five of the states: Rivers, Bayelsa, Delta, Akwa Ibom and Kano carted home between N10 billion and N25 billion.

Nasarawa and Ekiti States received N4.508 billion and N4.732 billion respectively. Other states which also got huge amounts from the distribution include: Ondo with N9,060,035,806.15 Lagos state got N8,299,806,965.06 Kaduna state got N7,654,995,396.83 Imo state got N7,366,417,410.84 Borno state got N7,276,602,098.96 Niger state got N7,151,791,231.47 Jigawa state got N7,048,660,361.35

Rivers state got a grand total of N25,883 billion which is made up of N10.138 billion from 13 per cent derivation, N12.803 billion from excess crude, N1.39 billion from statutory allocation and another N1.5 billion excess crude for local governments in the state.

Bayelsa state received N7.97 billion from the 13 per cent derivation account as well as N10 billion from excess crude account. The state also had its accounts credited to the tune of N538 million for its councils and another N597.7 million excess crude for the same councils in the state. In total, the state smiled home with a whooping grand total of N19,197,410,863.92.

Delta State which garnered a total of N18.622billion, had its share broken down thus: 13 per cent derivation N6.977 billion; excess crude N8.734 billion; statutory allocation for local governments N1.379 billion and excess crude distribution to the councils N1.531 billion.The fourth highest beneficiary and another oil producing state of the Niger Delta, Akwa Ibom, has its breakdown as follows: statutory allocation N6.458 billion, excess crude distribution N8.065 billion, statutory allocations for state councils N1.569 billion while the excess crude account for councils was credited with a whopping N1.738 billion. In total, the state got N17,831,804,082.85.

The only non-oil producing state that garnered over #10 billion was Kano. It got N10.776 billion and was distributed as follows: statutory allocation N2.44 billion; excess crude N2.7 billion, statutory allocation for its 44 councils, N2.669 billion and excess crude to same accounted for N2.959 billion.

Conversely, the FCT, Gombe, Ebonyi, Nasarawa and Ekiti States went with the least allocations of between N73.3 million and N4 billion. While the document further showed that the FCT got its accounts credited to the tune of N673.324 million, Gombe State became richer with M4.435 billion lumped into its accounts.

According to the report, this is the first of such payments as states will continue to enjoy this windfall over the next several months.

8 COMMENTS

  1. Thank God for this development.wike our governor please pay us in rivers state o, watin we do u na,for 5months now we never get any cash.u want make we die? Crying

  2. With those huge allocations to South-South states, why are those criminals called the NDA still bombing Nigeria’s oil installations? They and their leaders need their heads examined. The Nigerian state owes them NOTHING. The military should do the needful and shut down these vermins.

    • what a load of crap … the Nigernain state owes the south-south a lot : the NDA is just a result of the marginalization of the south-south … if the Nigerian government owes the south-south nothing they can as well take their hands of the oil zones …

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