Exposed: Jan, 2015 Federal Allocation - Does The South-West Deserve This
“As released by the Federal Ministry of Finance, the total allocation to all the South-West states, namely, Lagos, Osun, Oyo, Ondo, Ekiti and Ogun for January this year and shared in February was N15.1 billion, while Akwa Ibom State alone with a population less than 3 million people got N13.9 billion!”.
“As released by the Federal Ministry of Finance, the total allocation to all the South-West states, namely, Lagos, Osun, Oyo, Ondo, Ekiti and Ogun for January this year and shared in February was N15.1 billion, while Akwa Ibom State alone with a population less than 3 million people got N13.9 billion!”.
“For the same period. Bayelsa State, at arguably 2 million people, got N10 billion and Rivers State got N10.3 billion. Between Kano and Jigawa states, which used to be one state like Lagos State, they got N7 billion. Lagos State only got N3.4 billion.
“If you remove Ekiti State with the lowest allocation of just N2.3 billion, Akwa Ibom State alone gets more allocation than the rest of the South-West states put together including Lagos. And guess what? Hundreds of thousands of Akwa Ibom State citizens are in Lagos State enjoying the state’s free education”. “If you multiply the total allocation to the South-West states at N15 billion per month by 12, you have N180 billion per year! This is less than 30% of what the FG make from the Lagos Seaports alone, don’t even talk about VAT that Lagos contributes over 60% of the total accrual to the FG.
“Yet some morons will tell me we live on Niger Delta oil.”
“Now, my State Governor can’t pay his workers because of this systemic injustice. It is either we start the implementation of regional based fiscal federalism now or we should go our different ways.”
“What nonsense!” – Ayo Turton.
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