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From Isaac Anumihe, Abuja
THE 36 states and the 774 local governments in the country have so far shared a total sum of N2.8 trillion from the federation account in the one year of President Muhammadu Buhari’s administration.
According to a report by the Economic Confidential magazine, the amount was payment made to the two tiers of government between June 2015 and May 2016 at the monthly meeting of the Federation Account Allocation Committee (FAAC)..
In the report, Lagos State is ranked the highest recipient with N178 billion in the twelve months. It is followed by Akwa Ibom State, N173 billion; Delta State, N144 billion and Kano State N117 billion. The five states got a quarter (25 per cent) of the total allocation for the states and local governments within the period.
Also, Bayelsa State got N95 billion; followed by Katsina State, N88 billion; Oyo State, N84 billion; Kaduna State, N83 billion and Borno State, N78 billion.
The lowest recipients are Gombe and Ebonyi states that got N49 billion each, followed by Ekiti and Nasarawa states, N50billion each and Kwara, N52 billion.
The report further disclosed that Edo and Ondo states which are oil-producing states got N66 billion and N71 billion respectively, while another state in the South-South, Cross River State, received N59 billion.
The Economic Confidential gathered that factors that influence the allocation include population, derivation, landmass, terrain, revenue effort, school enrolments, health facilities, water supply and equality of the beneficiaries.
