Akwa Ibom State Got The biggest Federal Allocation in 2016 From Federal Government See Reasons

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The Federation Accounts Allocation Committee has provided a breakdown of what states received in 2016 as Federal Allocation.

Akwa Ibom in South-South Nigeria, received the highest allocation of N116.6 billion from the federation account in 2016, according to the latest report by Nigeria Extractive Industries Transparency Initiative (NEITI)

Dr Orji Ogbonnaya Orji, the Director, Communications of NEITI released the Quarterly Review of the Federation Accounts Allocation Committee (FAAC) by NEITI in Abuja.

Lagos and Rivers followed Akwa Ibom with N109.3 billion and 103.98 billion.

The report, which is the third in the series by NEITI, examined the breakdown and analysis of disbursements from the federation account to the three tiers of government.

It also looked at the Internally Generated Revenues (IGR) of the states in 2016.

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