She added, “We need to ask more questions; poverty eradication - TopicsExpress



          

She added, “We need to ask more questions; poverty eradication and building of infrastructure are not only by the Federal Government. In 2013, the top 10 allocations were going to the following states: Akwa Ibom, N260bn; Rivers, N220bn; Delta N209bn; Bayelsa, N173bn; Lagos, N168bn; Kano, N140bn; Katsina, N103bn; Oyo, N100bn; Kaduna N97bn; and Borno at number 10 with N94bn. “These were the allocations all these states got last year. The question is what did they do with the money?” The minister stated that in 2013 alone, states like Akwa Ibom, Rivers, Delta, Bayelsa, Lagos, Kano, Katsina, Oyo, Kaduna and Borno got the highest allocation from the federation account, and that what they got individually is more than the annual budgetary allocation of neighbouring countries such as Liberia, Gambia and Republic of Benin. 2013 allocations The minister said: “Akwa Ibom got N260 billion; Rivers, N230 billion; Delta, N209 billion; Bayelsa, N173 billion; Lagos, N168 billion; Kano, N140 billion; Katsina, N103 billion; Oyo N100 billion; Kaduna, N97 billion and Borno, N94 billion. “These were the allocations these states got last year. So the question is what did they do with it? “Analysis shows that many Nigerian states receive revenue allocations which are larger than budgetary allocations of neighbouring countries such as Liberia which is $433 million and Gambia, $210 million.”
Posted on: Wed, 04 Jun 2014 14:27:41 +0000

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