breakdown of delta state 2018 faac allocation - Breakdown Of Delta State 2018 FAAC Allocation

Breakdown Of Delta State 2018 FAAC Allocation

Ife Okowa 1 - Breakdown Of Delta State 2018 FAAC Allocation

A fresh report has revealed that the Delta state government received one hundred and thirteen billion naira as federal allocation from the Federation Account for the year 2018.

The report also revealed that the 36 states and the 774 local government councils in Nigeria shared a total sum of N8trillion from the Federation Account in 2018.

Naija News understands that the allocations were made after the monthly meetings of the Federation Account Allocation Committee (FAAC) in 2018. The current sources of revenue flow into the Federation Account are collected by agencies of the Federal Government with little or no contributions from state or local government council.

Economic Confidential, an intelligence economic magazine, released the report on Tuesday, April 22, 2019.

According to the report, the Delta state received a total of N285,517,983,907 as federal allocation from the Federation Account for the year 2018.

Below is the breakdown…

Delta State allocation for the year 2018

January – N22,369,135,399

February – N21,973,841,222

March – N23,217,044,868

April – N23,398,673,271

May – N23,263,759,656

June – N23,521,097,328

July – N21,621,465,523

August – N22,727,682,651

September – N24,306,571,099

October – N26,084,014,077

November – N26,344,158,352

December– N26,690,540,456

Total – N285,517,983,907.

Click HERE to check 2018 FAAC allocation for all states.

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