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Home News Politics

Allocation: Rivers Has Received N642B in the Past Three Years – FAAC

Stanley Uhegbu by Stanley Uhegbu
April 3, 2023
in Politics
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Photo Credit: vanguardngr.com

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Rivers state has so far received the third highest allocaton after Delta and Akwa Ibom states between June 2019 and December 2022 according to data sourced from 43 monthly reports of the Federation Accounts Allocation Committee.

For the 43months period that was reviewed by Punch, Delta State got the highest with about about N843.8bn, Akwa Ibom received about N643.2bn, while Rivers got about N642bn.

Further findings showed that Sokoto State got the least allocation during the three years and seven months period, as it received N119.1bn.

It was followed by Osun State, which got the second least allocation of N126.4bn during the review period, while the state that got the third lowest allocation was Cross River, with N141.71bn.

The 36 states in Nigeria shared a total of about N9.3tn as federal allocation between June 2019 and December 2022, a period of 43 months, which formed the bulk of the second tenure of the President, Major General Muhammadu Buhari (retd.).

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