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Delta State gets more revenue than 6-states put together in H1~NEITI

By on September 9, 2020 0 137 Views

Delta State received the highest revenue from the federation accounts in the first six months of this year, totalling N100.81 billion, according to a report by the Nigerian Extractive Industries Transparency Initiative (NEITI).

The amount received by Delta States from the federation accounts is more than seven fold of what Osun State collected in the same period, and was higher than the combined total net disbursements to six states, the report stated.

For instance, six states, Osun, Cross River, Plateau, Ogun, Gombe and Ekiti received a combined total of N99.47 billion from the federation accounts in the first six months of the year.

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Also, the combined total net disbursements of N321.29 billion received by the four highest receiving states of Delta, Akwa Ibom, Rivers, and Bayelsa was higher than the combined total net disbursements of N314.08 billion received by 16 states – Osun, Cross River, Plateau, Ogun, Gombe, Ekiti, Zamfara, Kwara, Nassarawa, Ebonyi, Taraba, Benue, Adamawa, Ondo, Bauchi, and Abia, the report stated.

Also, the combined total net disbursements of N321.29 billion received by the four highest receiving states of Delta, Akwa Ibom, Rivers, and Bayelsa was higher than the combined total net disbursements of N314.08 billion received by 16 states – Osun, Cross River, Plateau, Ogun, Gombe, Ekiti, Zamfara, Kwara, Nassarawa, Ebonyi, Taraba, Benue, Adamawa, Ondo, Bauchi, and Abia.

The figure shows that most states (29) had total net disbursements of lower than N30billion each in the first half of 2020. Eight states had total net disbursements between N10 billion and N19.9 billion: Osun (N13.13 billion), Cross River (N15.43 billion), Plateau (N16.53 billion), Ogun (17.33
billion), Gombe (N18.49 billion), Ekiti (N18.56 billion), Zamfara (N19.23 billion), and Kwara (N19.68 billion). 21 states had total net disbursements between N20 billion and N29.9 billion: Nasarawa (N20.29 billion), Ebonyi (N20.79 billion), Taraba (N20.89 billion) and, Benue (N21.99 billion),

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Also, Adamawa received N22.43 billion, Ondo (N23.02 billion), Bauchi (N23.07 billion), Abia (N23.24 billion), Kogi (N23.53 billion), Yobe (N23.55 billion), Enugu (N23.69 billion), Anambra (N23.98 billion), Kebbi (N24.03 billion), Oyo (N24.82 billion), Sokoto (N25.45 billion), Niger (N26.04 billion), Imo (N26.50 billion), Jigawa (N26.86 billion), Borno (N28.30 billion), Edo (N28.61 billion), Katsina (N29.01 billion). Total net disbursements to other states were: Lagos (N51.03 billion), Bayelsa (N66.24 billion), Rivers (N75.08 billion), Akwa Ibom (N79.16 billion). Only one state, Delta, with
N100.81 billion, had total net disbursements in 2020 H1 greater than N100 billion.

“While Lagos State had the highest deductions, Yobe State had the lowest deductions of N1.38 billion, four states had total deductions higher than N10 billion: Lagos (N31.29 billion), Osun (N10.85billion), Plateau (N10.07 billion), and Cross River (N10.06 billion),” NEITI stated in its quarterly report.

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