The Federal Government, the 36 states and their local government areas have so far shared N1.4 trillion from the federation account in the first quarter of 2017.
This was contained in the monthly Federation Account Allocation Committee (FAAC) report obtained by the News Agency of Nigeria on Sunday in Abuja.
Shocking is the fact that many states in arid North got more allocation than some oil producing states in the South East. For example, while Imo got a meager N7.92 billion, Kebbi and Borno received N8.37 billion and N9.74 billion respectively.
Other non oil producing states in the North that got more than oil producing Imo and Abia (N8.42), without being necessarily more populated, are: Katsina, N10.05 billion, Kaduna, N10.56 billion, Sokoto, N9.07 billion and Jigawa, N9.66 billion.
What is unclear however is if Imo and Anambra were owing the Federation, which may have reduced their share of the windfall.
The report however showed that the total revenue shared in January between the federal, states and local government was N430.16 billion. The center took a lion share of N168 billion, states, N114.28 billion and local government, N85.4 billion.
The federation grossed in N514 billion in February and federal government’s share was N200.6 billion, states, N128.4 billion and local government, N96.52 billion.
But in March, revenue generation dipped slightly, grossing N466.9 billion, and from it, the federal government got N180.5 billion, state governments, N116.5 billion and local government, N87.5 billion.
The allocation was made using the revenue sharing formula of federal government, 52.68 per cent; states, 26.72 per cent and local governments 20.60 per cent. Before distribution, state liabilities were deducted, the report said.
The other deductions, covers National Water Rehabilitation Projects, National Agricultural Technology Support, Payment for Fertiliser, State Water Supply Project, State Agriculture Project and National Fadama Project.
In any case, below is what each of the 36 states got in the first quarter after all deductions were made – with Akwa Ibom emerging the biggest beneficiary (N34.88 billion):
Abia N8.42 billion, Adamawa N7.8 billion, Akwa Ibom N34.88 billion, Anambra, N8.7 billion, Bauchi, N7.9 billion, Bayelsa, N22.97 billion, Benue, N8.16 billion, Borno, N9.74 billion and Cross River, N4.28 billion.
Delta got N21.54 billion, Ebonyi, N7.56 billion, Edo, N6.5 billion, Ekiti, N4.97 billion, Enugu, N7.86 billion, Gombe, N6.35 billion, Imo, N7.92 billion, Jigawa, N9.66 billion, Kaduna, N10.56 billion and Kano, N14.02 billion.
While Katsina’s share from the federation account in 3 months was N10.05 billion, Kebbi, N8.37 billion, Kogi, N8.28 billion, Kwara, N6.9 billion, Lagos, 19.03 billion, Nasarawa, N7.41 billion and Niger, N9 billion.
And Ogun state got N4.98 as allocation for first quarter, 2017, Ondo, N10.22 billion, Osun, N1.76 billion, Oyo, N8.9 billion, Plateau, N5.7 billion, Rivers, N26.8 billion, Sokoto, N9.07 billion, Taraba, N6.9 billion, Yobe, N8.33 billion, and Zamfara, N5.91 billion.
The Federation account represents revenue internally generated. 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 Customs Service.
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