The states are getting the money that is available to be shared - TopicsExpress



          

The states are getting the money that is available to be shared each month, and we publish that in the newspapers every month so that people can know what the federal, state and local governments receive. Ask more questions We need to ask more questions because poverty eradication and building of infrastructure is not for the Federal Government alone. 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. Some states get more than budgets of Liberia, Gambia, Benin BY IKENNA ASOMBA The Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, yesterday, tasked Nigerians to challenge their governors to account for the monthly budgetary allocation they get from the federation account. The minister argued that basic public services such as education, health and agriculture fall under the concurrent list, but wondered why citizens always blame the administration of President Goodluck Jonathan for the failings of some state governments who get monthly allocation larger than countries like Liberia, Gambia and the Republic of Benin. Okonjo Iweala spoke yesterday at the 12th convocation of Babcock University, BU, Ilishan Remo, where over 1,544 students graduated.
Posted on: Tue, 19 Aug 2014 08:54:20 +0000

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