|
Economic Confidential,
September 2008
FACTS AND FIGURES
How Federal, States and Local Governments Shared N16 trillion in 8
years of Obasanjo’s Administration
After investigation and further cross-checking from official data
and relevant documents from Office of the Accountant General of the
Federation and the Federation Account, the Economic
Confidential can authoritatively reveal that a whopping sum
of N16 trillion was distributed as total net allocation (after
deductions for other obligations) to federal, states and local
government councils during the eight years tenure of President
Olusegun Obasanjo between June 1999 and May 2007. The total net
allocation which included statutory allocation, Excess Crude
Proceeds, Value Added Tax, Shares of Derivation, excluded deductions
for external debts, contractual obligations and other deductions.
Out of the total amount, the Federal Government received the sum of
N7.39 trillion within the period while the entire 36 states and
federal Capital Territory shared N5.74 trillion. In the early report
and analysis by the Economic Confidential, a total sum
of N3.3 trillion was shared to local government councils in the
federation during the period.
In the ranking of states based on their allocations, oil producing
states topped the list. Rivers State came first as it received
N517billion in eight years of President Olusegun Obasanjo’s
administration, followed by Delta N463billion, Bayelsa N414 billion
and Akwa Ibom N384bllion. Their high figured was influenced by the
13% share of derivation as oil producing states which was additional
from the Federation Account.
Topping the list of non-oil producing states are Lagos that received
N182billion, Kano N179bn, FCT N149bn and Katsina N140billion. The
Table of allocations to local government councils is provided in the
early comprehensive report of the Economic Confidential.
The total allocation of four states at the bottom of the ladder
could be cleared by any of the mentioned oil producing states. The
eight years net allocation to Plateau State was N81bn, Nasarawa
N90billion, Ekiti N92 billion and Gombe N96 billion.
The detail of the allocation as exclusively provided by the Economic
Confidential is detailed below:
|
s/no |
GoVTS |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
Total |
GOVT |
|
** |
Federal Govt |
154,633,681,796.66 |
531,612,593,116.78 |
723,920,377,511.08 |
782,930,627,493.69 |
739,208,155,737.65 |
967,234,322,035.71 |
1,229,871,999,841.18 |
1,575,81,126,615.67 |
685,596,067,620.30 |
7,390,688,951,768.72 |
Federal Govt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
Rivers |
3,013,113,840.22 |
17,805,477,881.28 |
22,128,460,166.41 |
30,169,480,704.58 |
40,928,181,912.36 |
57,554,867,305.55 |
114,795,506,338.16 |
153,609,422,939.58 |
77,678,482,772.45 |
517,682,993,860.57 |
Rivers |
|
2 |
Delta |
3,131,110,546.83 |
27,358,740,947.55 |
40,531,213,476.26 |
43,610,049,832.21 |
52,365,891,606.49 |
69,833,362,870.55 |
84,171,795,942.82 |
104,828,540,599.67 |
37,629,188,096.39 |
463,459,893,918.76 |
Delta |
|
3 |
Bayelsa |
2,175,903,255.79 |
17,071,428,311.46 |
22,473,385,784.23 |
18,082,600,959.25 |
32,855,591,057.86 |
62,268,056,429.55 |
104,955,275,059.49 |
119,497,338,863.14 |
34,779,131,146.35 |
414,158,710,867.12 |
Bayelsa |
|
4 |
Akwa Ibom |
2,832,045,965.21 |
21,853,248,929.85 |
30,858,062,276.11 |
18,793,377,167.92 |
32,445,239,560.75 |
53,187,248,173.64 |
78,036,444,681.60 |
93,263,916,301.15 |
53,100,655,484.10 |
384,370,238,540.34 |
Akwa Ibom |
|
5 |
Ondo |
2,303,815,514.93 |
11,466,087,159.38 |
16,662,228,897.47 |
12,829,875,406.96 |
16,569,03
2,367.45 |
23,719,370,005.87 |
32,005,602,205.14 |
46,761,196,992.08 |
20,996,298,993.60 |
183,313,507,542.89 |
Ondo |
|
6 |
Lagos |
4,790,405,684.20 |
13,754,043,095.96 |
18,906,857,864.09 |
17,004,066,388.77 |
17,568,921,339.62 |
24,169,470,787.97 |
29,406,537,008.83 |
38,740,642,647.54 |
18,195,032,825.04 |
182,535,977,642.02 |
Lagos |
|
7 |
Kano |
3,309,378,903.10 |
11,105,292,768.09 |
15,512,485,069.97 |
15,604,757,152.54 |
19,596,251,362.31 |
26,351,201,597.71 |
30,014,991,615.74 |
39,301,485,369.35 |
16,641,955,229.14 |
179,437,799,067.94 |
Kano |
|
8 |
FCT-Abuja |
3,243,013,449.77 |
11,088,465,283.08 |
15,126,904,636.25 |
14,035,271,750.53 |
14,934,423,285.70 |
19,766,051,127.29 |
25,096,456,674.34 |
32,362,006,828.33 |
14,050,801,033.91 |
149,703,394,069.21 |
FCT-Abuja |
|
9 |
Katsina |
2,875,490,751.73 |
9,378,784,949.75 |
11,874,005,551.21 |
12,149,857,673.95 |
15,003,056,713.76 |
20,674,068,519.02 |
24,869,282,113.15 |
30,699,613,390.54 |
13,197,274,153.71 |
140,721,433,816.83 |
Katsina |
|
10 |
Kaduna |
2,947,852,326.59 |
10,011,794,214.91 |
12,192,220,463.26 |
13,036,557,940.56 |
16,238,491,061.52 |
19,032,242,249.24 |
23,344,013,101.46 |
28,927,509,405.04 |
13,197,928,398.52 |
138,928,609161.09 |
Kaduna |
|
11 |
Oyo |
2,629,284,533.16 |
8,827,475,457.84 |
11,994,712,813.88 |
11,447,110,618.28 |
14,720,438,857.66 |
20,176,503,844.37 |
24,766,090,323.58 |
29,436,994,756.06 |
11,930,341,176.31 |
135,928,952,808.53 |
Oyo |
|
12 |
Imo |
2,205,061,314.54 |
8,659,231,262.47 |
11,763,566,134.85 |
10,120,947,313.92 |
12,132,928,345.78 |
19,392,580,900.34 |
24,054,952,688.37 |
30,395,628,246.86 |
13,379,559,036.27 |
132,104,455,243.39 |
Imo |
|
13 |
Bauchi |
2,286,580,849.55 |
7,990,446,165.74 |
11,155,780,172.61 |
10,292,662,238.97 |
13,691,803,799.77 |
18,935,502,929.67 |
23,683,728,365.24 |
28,708,475,605.37 |
11,503,365,391.92 |
128,248,345,518.84 |
Bauchi |
|
14 |
Borno |
2,690,939,581.47 |
8,537,698,339.69 |
11,390,236,655.80 |
10,588,047,248.32 |
11,989,837,600.23 |
18,688,186,678.50 |
22,756,665,913.50 |
28,754,081,887.22 |
12,418,495,550.62 |
127,814,189,455.35 |
Borno |
|
15 |
|
