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Rich and Poor States: How They Share N1tr in Six Months

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  • Economic Confidential
    Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook
    Message 1 of 1 , Nov 8, 2010
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      Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook www.facebook.com/economicconfidential.

      Rich and Poor States: How States Shared N1 trillion Between January to June 2010
      The 36 states in Nigeria shared a total sum of One trillion between January and June 2010. In a summary of federal allocations to the states obtained by the Economic Confidential, the online intelligence magazine, within the period South-South states that are mostly oil-producing received the highest total allocation of N386.8billion followed by North-West N162.5billion and South-West N160.7billion. Other regions like North-East got N119.7 billion, North-Central N117.2billion and South-East received N99.4 billion. The full detail of the disbursements and the ranking of rich and poor states is in a table provided by the economic Confidential where for instance Akwa Ibom state alone received a total sum of N104 billion while its neighbour, Cross River only got N18 billion in the six month of the year. Read more and table:

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      Economic Confidential
      Factual, Authoritative and Accesible
      Nigeria's Economic Magazine



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