- The 36 states of the.1
billion from the Federation Account as revenue generated in the first
quarter of 2018. The breakdown is contained in the monthly Federation
Account Allocation Committee (FAAC) report obtained by newsmen on Sunday
in Abuja.
The key agencies that remit funds into the federation account are the Nigerian National Petroleum Corporation (NNPC), the Federal Inland Revenue Service and the Nigerian Custom Service. In January, the 36 states of the federation shared N196.99 billion, in February, N195.25 billion and N200.86 billion in March.
The allocation was made using the revenue sharing formular, Federal Government, 52.68 per cent; states, 26.72 per cent and local governments 20.60 per cent. The report showed that before distribution, state liabilities were deducted. The liabilities paid by the states in the first quarter, included external debt, contractual obligations and other deductions.
The other deductions covers National Water Rehabilitation Projects, National Agricultural Technology Support, Payment for Fertilizer, State Water Supply Project, State Agriculture Project and National Fadama Project.
To sum it up, here is what each of the 36 states got in the first quarter of 2018, after all deductions were made. Abia N13.09 billlion, Adamawa N11.82 billion, Akwa Ibom N50.88 billion, Anambra, N13.01 billion, Bauchi, N13.04 billion, Bayelsa, N38.89 billion, Benue, N12.98 billion, Borno, N14.82 billion and Cross River, N8.41 billion. Delta got N49.43 billion, Ebonyi, N10.73 billion, Edo, N15.86 billion, Ekiti, N8.75 billion, Enugu, N12.27 billion, Gombe, N10.17 billion, Imo, N12.72 billion, Jigawa, N14.2 billion, Kaduna, N16.15 billion and Kano, N19.65 billion.
Similarly, Katsina’s share from the federation account in three months was N13.99 billion, Kebbi, N12.78 billion, Kogi, N12.39 billion, Kwara, N10.62 billion, Lagos, 29.99 billion, Nassarawa, N11.18 billion and Niger, N13.44 billion.
Finally, Ogun state got N9.4 billion, Ondo, N15.27 billion, Osun, N4.98 billion, Oyo, N13.83 billion, Plateau, N10.15 billion, Rivers, N42.74 billion, Sokoto, N12.43 billion, Taraba, N11.1 billion, Yobe, N12.42 billion, and Zamfara, N9.16 billion.
Newsmen report that the FAAC comprises commissioners of finance and Accountants-General from the 36 states of the federation. The Minister of Finance, is the chairman of the committee, while the Accountant General of the Federation, seconds, with representatives from the NNPC. Other members are representatives from the Federal Inland Revenue Service; the Nigerian Custom Service; Revenue Mobilisation, Allocation and Fiscal Commission as well as the Central Bank of Nigeria.
The federation account is currently being managed on a legal framework that allows funds to be shared to the three tiers of government under three major components. These components are the statutory allocation, Value Added Tax distribution; and allocation made under the derivation principle.
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Sunday, 13 May 2018
The key agencies that remit funds into the federation account are the Nigerian
Wednesday, 27 September 2017
New mum Iheoma Nnadi shares photo of her cradling her new born daughter...

Former Most Beautiful Girl in Nigeria queen Iheoma Nnadi shared this lovely photo of her cradling her daughter with Nigerian Footballer, Emmanuel Emenike...
Wednesday, 1 February 2017
Fayose reacts to online backlash over his public support for Feb. 6th nationwide protest
Wednesday, 1 February 2017
The APC online supporters have warned Tuface against allowing opposition politicians to join the protest. The hypocrisy of these APC people is legendary!
Man spends 400k on newspaper advert to publicly disown his daughter and her mother
Wednesday, 1 February 2017
A man publicly disowned his daughter and mother in an advert which was reportedly published on Guardian newspaper.
transparency.
Government finances and contracts must be open and available to all. Who
got the money, to do what and by when?
9)Cost of government
Our governance is TOO expensive – federal, state, local – cars, housing,
allowances. We must reduce the cost of maintaining our public officials
10)Patriotism
I stand with Nigeria. There is enough in Nigeria for all of us to
“chopbelleful”. Enough is enough. We must put Nigeria first and keep all
the greedy & selfish people away from leadership.
Call to Action
Between now and Monday, February 6, I ask you to share via videos,
Facebook, Twitter, blogs, SMS to 0902-355-5335. How are these issues
affecting you? What are your daily struggles? How is it doing you? No
matter what part of the world you are, I encourage you to share your
stories. And join me on Monday in Surulere or online
Use any of the hashtags #IStandWith2Baba #IStandWithNigeria
#OneVoiceNigeria on social media.
We will take all the reports and send them to our elected
representatives as ONE VOICE of Nigerians across party, ethnic and
religious lines – as they hear real people talk about real issues.
On Monday, February 6th, meet me at the National Stadium at 8AM and
we’ll walk to the National Theatre – 2 national icons that epitomise our
decline – as we state clearly and peacefully that #IStandWithNigeria
and Nigeria must work for all of us and all of us must work for Nigeria.
Thank you! God bless Nigeria!!!
Read more at: http://www.vanguardngr.com/2017/02/tell-us-beef-buhari-presidency-tells-2face/
Read more at: http://www.vanguardngr.com/2017/02/tell-us-beef-buhari-presidency-tells-2face/
transparency.
Government finances and contracts must be open and available to all. Who
got the money, to do what and by when?
9)Cost of government
Our governance is TOO expensive – federal, state, local – cars, housing,
allowances. We must reduce the cost of maintaining our public officials
10)Patriotism
I stand with Nigeria. There is enough in Nigeria for all of us to
“chopbelleful”. Enough is enough. We must put Nigeria first and keep all
the greedy & selfish people away from leadership.
Call to Action
Between now and Monday, February 6, I ask you to share via videos,
Facebook, Twitter, blogs, SMS to 0902-355-5335. How are these issues
affecting you? What are your daily struggles? How is it doing you? No
matter what part of the world you are, I encourage you to share your
stories. And join me on Monday in Surulere or online
Use any of the hashtags #IStandWith2Baba #IStandWithNigeria
#OneVoiceNigeria on social media.
We will take all the reports and send them to our elected
representatives as ONE VOICE of Nigerians across party, ethnic and
religious lines – as they hear real people talk about real issues.
On Monday, February 6th, meet me at the National Stadium at 8AM and
we’ll walk to the National Theatre – 2 national icons that epitomise our
decline – as we state clearly and peacefully that #IStandWithNigeria
and Nigeria must work for all of us and all of us must work for Nigeria.
Thank you! God bless Nigeria!!!
Read more at: http://www.vanguardngr.com/2017/02/tell-us-beef-buhari-presidency-tells-2face/
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Read more at: http://www.vanguardngr.com/2017/02/tell-us-beef-buhari-presidency-tells-2face/
Wednesday, 1 February 2017
Man spends 400k on newspaper advert to publicly disown his daughter and her mother
A man publicly disowned his daughter and mother in an advert which was reportedly published on Guardian newspaper.
transparency.
Government finances and contracts must be open and available to all. Who
got the money, to do what and by when?
9)Cost of government
Our governance is TOO expensive – federal, state, local – cars, housing,
allowances. We must reduce the cost of maintaining our public officials
10)Patriotism
I stand with Nigeria. There is enough in Nigeria for all of us to
“chopbelleful”. Enough is enough. We must put Nigeria first and keep all
the greedy & selfish people away from leadership.
Call to Action
Between now and Monday, February 6, I ask you to share via videos,
Facebook, Twitter, blogs, SMS to 0902-355-5335. How are these issues
affecting you? What are your daily struggles? How is it doing you? No
matter what part of the world you are, I encourage you to share your
stories. And join me on Monday in Surulere or online
Use any of the hashtags #IStandWith2Baba #IStandWithNigeria
#OneVoiceNigeria on social media.
We will take all the reports and send them to our elected
representatives as ONE VOICE of Nigerians across party, ethnic and
religious lines – as they hear real people talk about real issues.
On Monday, February 6th, meet me at the National Stadium at 8AM and
we’ll walk to the National Theatre – 2 national icons that epitomise our
decline – as we state clearly and peacefully that #IStandWithNigeria
and Nigeria must work for all of us and all of us must work for Nigeria.
Thank you! God bless Nigeria!!!
Read more at: http://www.vanguardngr.com/2017/02/tell-us-beef-buhari-presidency-tells-2face/
Read more at: http://www.vanguardngr.com/2017/02/tell-us-beef-buhari-presidency-tells-2face/
Thursday, 26 May 2016
Teenage boy commits suicide rather than face his parents anger for crashing a new car
Thursday, May 26, 2016
An 18-year-old teenage gymnast, Ruslan Gutu, committed
suicide by hanging himself, after crashing a brand new car bought for
him by his parents. According to his girlfriend Athena, Ruslan confided
in her on how worried he was about telling his parents about the crash
of the new car.
Athena told the coroner that he was 'shaking' as he told
her he was worried about how he would pay for the damage done to his
crashed car.
Tuesday, 22 March 2016
Popular ex-Mayor of Toronto, Rob Ford has Died
Ford gained international notoriety after admitting smoking crack cocaine in 2013, but he remained popular and loved by his supporters.
Ford battled drug and alcohol addiction and was diagnosed with a rare form of cancer in 2014.
He could not run for re-election as mayor in 2014 due to his cancer diagnosis(his brother ran and lost), but won a city council seat in a landslide result.
Photo Credit: The Canadian Press
Tuesday, 8 March 2016
This Beauty Shot of Olajumoke Orisaguna is Everything!
Olajumoke Orisaguna’s beacon keeps shining.
Makeup artist Bimple Onakoya
just shared this beauty shot of the bread seller turned model and it is
so pretty. The photo can only be described as breathtaking.
The photo is from Olajumoke’s spread in the new issue of Mania magazine and it was shot by Kelechi Amadi-Obi and styled by Godson Ukaegbu.
Sunday, 6 March 2016
Photos: Ooni of Ife Oba Ogunwusi prays for Wasiu Ayinde Marshal's children
Saturday, 9 January 2016
Wednesday, 16 December 2015
Happy birthday to President Buhari

Wednesday, 18 November 2015
Controversial SA pastor who makes his congregation eat snakes, beaten, his church burnt down
Sunday, 8 November 2015
British heavyweight boxer, Tyson Fury compares Homosexuality and abortion to paedophilia
Sunday, November 8, 2015
British heavyweight boxer Tyson Fury has compared
homosexuality and abortion to paedophilia in what some deem vile and
offensive. Fury, who is due to fight Wladimir Klitschko on November 28
for the WBA, WBO and IBF heavyweight titles, claimed that legalising
pedophilia was the same as legalising homosexuality and abortion.
Wednesday, 28 October 2015
Photos: The Duchess of Cambridge stuns in £2660 floral dress
Tuesday, 27 October 2015
Third time's not the charm. Halle Berry files for divorce from Olivier Martinez
Abacha's loot is too huge for us to handle - World Bank
Monday, 26 October 2015
Ghana Fashion & Design Week 2015: Totally Ethnik
The Ghana Fashion & Design Week
for 2015 took place over the weekend, and saw design talent from all
over Africa converge to showcase their Spring/Summer offers
Check out the runway showcase below;
Check out the runway showcase below;
Natural Hair Bridal Inspiration Shoot by Yes! I Do Bridal
Yes! I Do Bridal is eager to inspire naturalista brides!
Itohan of @myfinegeh made
the up-dos, further beautified by their glam bridal jewelry that speaks
to the sophisticated, whimsical, and even the most traditional of
brides.
It’s a dose of gorgeous perfectly styled locks that are sure to have any naturalista bride-to-be wanting to try out these looks see more pics below
Duchess of Cambridge stuns in £375 dress (photos)
3 year old boy takes wheel after drunk mother falls out of truck
Sunday, October 25, 2015
Taloa Foster, 33, was charged with child endangerment.
Witnesses said the toddler grabbed the wheel and steered the truck across lanes of traffic after his mother tumbled out of vehicle on Wednesday.
Friday, 23 October 2015
Actress Iretiola Doyle shows her injury from a traffic robbery
Emir of Kano awarded the AABLA Lifetime Achievement Award (Photos)
Swedish man in 'Star Wars' mask attacks school with sword; killing 2 people
Who wore it better? Cait vs Kate
Beyonce & Jay-z had that elevator fight over Rihanna new book claims
Friday, October 23, 2015
It didn't go down well with queen Bey and she split from Jay-z whom she had been dating since 2001. The astonishing claim comes in a new unauthorized biography by best-selling writer J Randy Taraborrelli titled Becoming Beyoncé: The Untold Story.
Thursday, 22 October 2015
Pics: 37yr old Nigerian drug dealer arrested during a sting operation in SA
Thursday, October 22, 2015


A sting operation led by the police together with the mounted unit and
K9 unit resulted in the arrest of a 37-year-old Nigerian man on
Wednesday, October 21st. According to Capt. Ntobeng Phalal, the police followed up a tip-off and raided a house in Jorissen
Street where they arrested the man and confiscated several stolen items
and drugs.
"The items confiscated during the
operation include: rock and
CAT to the estimated value of R18 000, few dagga plants, cash, 8 cell
phones, printers and a laptop," Provincial police spokesperson
Col Ronel Otto said.
Kindhearted strangers pay medical bill of mum whose photo touched hearts around the world
Thursday, October 22, 2015
This woman used to be a male US Marine..
Thursday, October 22, 2015
Check out the birthday cake Kanye presented to his pregnant wife Kim K
Pregnant woman who was bathed with hot oil over puff puff loses pregnancy
Thursday, October 22, 2015
25 year old woman, Chiwendu Nwobodo who was bathed with hot groundnut
oil by a neighbour in Surulere Lagos over puff puff supposedly worth
N900 has lost her two-month-old pregnancy.
According to PUNCH Metro, Her husband, Chigozie, said that
his wife had also developed complications as her left ear was now
oozing pus and that Iya Daniel has been re-arrested and detained at the
State Department of Criminal Investigation, Yaba.
Mrs Buhari appeals to Borno, Adamawa, Yobe governors to assist sick children in IDP camps
Thursday, October 22, 2015


Wow! 2 men filmed giving a toddler beer to drink & cigarette to smoke (photos)
Thursday, October 22, 2015


It’s been circulated widely and has left viewers outraged. The people involved have not yet been identified, but it is believed the incident took place in Spain. More photos after the cut...
Graphic photo: Plumber opens blocked drainpipe & discovers human foetus wrapped in Newspaper pages
Check out Nicki Minaj and Meek Mill's rings


Wednesday, 21 October 2015
1 killed, 20 others injured in Cameroon during stampede at crusade by Nigerian pastor
Wednesday, October 21, 2015
One person has been confirmed dead while others were injured during a
stampede that occurred at a crusade by Nigerian pastor, Suleiman Johnson
which held at the Reunification Stadium in Bepanda, Douala in Cameroon
yesterday October 20th. According to reports, the roof of the stadium
caved in immediately after the crusade ended which caused panic. People
began rushing and pushing themselves. Those who were injured are
receiving medical attention in various hospitals.
Lol. See what comedian Baba Funky wore to his wedding (photos)
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