Between June 2023 and June, this year, the 36 states in the country received from the federation account almost N5 trillion (precisely N4,997,201,096248.26). That is an average of N139 billion per state in the 13 months of Federation Account Allocation Committee (FAAC) since the Bola Tinubu administration assumed office on 29 May 2023.
In the last 13 months of Muhammadu Buhari administration (June 2022 to May 2023), the state governments earned over N3,46 trillion through FAAC.
The top 10 earners on the list, and their total net allocations in the last 13 months are: Delta (N475.48 billion), Rivers (N377.03 billion), Akwa Ibom (N324.66), Bayelsa (N286.23 billion), Lagos (N280.51), Kano (N166.67 billion), Edo (NN129.11 billion), Ondo (N126.67 billion), Anambra (N126.19 billion) and Borno (N125.25 billion).
The next 10 states in allocation ranking are: Osun (N121.16 billion), Katsina (N118.94 billion), Jigawa (N118.71 billion), Benue (NN116.53 billion), Imo (N108. 93 billion), Kebbi (N106 billion), Niger (N105.59 billion), Abia (N104. 33 billion), Enugu (N104.18 billion) and Sokoto (N102.11 billion).
Kaduna tops the list of 21st to 30th states in terms of total federal allocations within the period. It had N102.07 billion, followed by Adamawa (N100. 69 billion), Taraba (N98.16 billion), Bauchi (N96.87 billion), Yobe (N95.02 billion), Zamfara (N94.44 billion), Nasarawa (N93.09 billion), Kogi (N93 billion), Oyo (N89.27 billion) and Plateau (N89 billion).
Occupying the rear are: Ebonyi (N88.44 billion), Ekiti (N84.25 billion), Gombe (N83.73 billion), Kwara (N86.42 billion), Cross River (N83.41 billion) and Ogun (N81.82 billion).
The FAAC figures are made up of Net Statutory Allocation, Distribution, Net Share of the Ecology, and Net Value Added Tax (VAT) Allocation.
Allocation to the 774 Local Government Councils across the country were computed on the basis of Foreign Exchange Gain, Electronic Money Transfer Levy, Net Share of Ecology Fund and VAT)
Lagos, with 20 constitutionally-listed Local Government Areas (LGAs), got the higher share of the funds in the period, grossing N285.17 billion.
Seven other states hit over N100 billion each. They are: Kano (N175.91 billion – 44 LGAs), Rivers (N142.9 billion), Osun (N139.66 billion), Kaduna (N130.33 billion), Akwa Ibom (N106.65 billion), and Borno (N104.42 billion).
Six other states got close to N100 billion mark. Jigawa collected (N99.02 billion) within the period to lead this section, followed by Niger (N96.89 billion), Delta (N96.17 billion), Oyo (N95.93 billion), Benue (N94.08 billion) and Imo (N93.21 billion).
Others include: Sokoto (N88.76 billion), Kogi (N81.72 billion), Adamawa (N 79.67 billion), Kebbi (N79.39 billion), Bauchi (N88.51 billion), Anambra (N 84.95 billion), Ogun (N76.24 billion), Edo (N70.93 billion), Plateau (N70.44 billion), Ondo (N69.86 billion), Enugu (N69.3 billion) and Cross River (N67.33 billion).
The rest are: Taraba N65.21 billion), Taraba (N64.86 billion), Abia (N62.89 billion), Zamfara (N61.12 billion), Kwara (N60.16 billion), Ekiti (N56.47 billion), Ebonyi (N51.16 billion), Nasarawa (N50.96 billion), Gombe (N47.23 billion), Bayelsa (N38.88 billion), while the six LGAs in the Federal Capital Territory earned (N59.37 billion).
