Welcome To McEbiscoo.com

Top 5 States With Highest Federal Allocations In The First Half Of 2019

Government Shares N3.842 trillion in H1 2019

An analysis of the FAAC disbursements for the first half of 2019 showed the three tiers of government shared a total of N3.842 trillion in the period under review.

Naija News reports that FAAC means Federation Account Allocation Committee and is responsible for the distribution of revenue accruing to the Federation Account among the Federal, States and the Local Governments.

The Guy Who Won $10,000 On Bet Shares His Secret To Winning Everyday CLICK HERE
ALSO READ:  Federal Constituency Rerun Election Results across the nation as APC and PDP went neck on neck

It is understood that the figure was 2.61% lower than the N3.946 trillion disbursed in the first half of 2018 but 37.79% higher than the N2.788 trillion disbursed in the first half of 2017.

Of the total amount disbursed, the Federal Government received the highest revenue, followed by state governments, with local governments receiving the lowest share.

ALSO READ:  3 Men Lands In Court For Impersonating EFCC, ICPC Officials

Out of the N3.842 trillion realized, the federal government received N1.599 trillion, representing 41.61% of the total amount disbursed, the state governments received N1.335 trillion as a share of the national revenue while local governments received N792 billion.

According to an analysis by the Nigeria Extractive Industries Transparency Initiative (NEITI), the five states that received the highest allocations were Delta, Akwa Ibom, Bayelsa, Rivers, and Lagos states.

ALSO READ:  Trending: Video Of Slay Queen, Ama Coke Being ‘Chopped’ In A Swimming Pool Hits Online

Below is a breakdown of the five Nigerian states with the highest revenue share within the period:

1. Delta

N108.7 billion

2. Akwa Ibom

N 86.12 billion

3. Rivers

N75.84 billion

4. Bayelsa

N66.76 billion

5. Lagos

N58.1 billion

Read Source: Mcebiscoo.com      

Get 50MB Free Daily To Download Mc Ebisco App


Hello... are you struggling to get life solutions?

Contact Mugwenu Doctors. They use local herbals and strong spiritual powers to heal and solve problems as well as long term disease such as pressure, diabetes, ulcers, gonorrhea, syphilis, TB, manhood weakness among other things. Life Problems such as love issues,family problem, hardships in business,increase your luck .ie wining lottery games,court cases,Tenders. Promotion at work, Clearing away devilish spirits and bad dreams. For consultation, Call: +254740637248 or Email: mugwenudoctors@gmail.com...Also Visit www.mugwenudoctors.com


Have any Question or Comment?

Leave a Reply

Get Alerts Via Email

Contact Us Here

Popular Posts