News

List of 10 States With Largest Budget Allocation In Nigeria

Published

9 years ago

April 9, 2015

In a lecture delivered at Babcock University’s 12th Convocation titled, ‘Transforming Nigeria economy: Opportunities and Challenges’, Finance Minister, Ngozi Okonjo-Iweala gave the breakdown of the allocations of Nigeria’s 10 highest revenue receiving states based on the federal allocations in 2013.
Finance Minister, Dr Ngozi Okonjo-Iweala listed the states which according to her, earn more than the annual budgets of some neighboring countries and queried what these states have been doing with their allocations.
The allocations are as follows:
Akwa Ibom N260 billion,
Rivers N230 billion,
Delta State N209 billion,
Bayelsa N173 billion,
Lagos N168 billion,
Kano N140 billion,
Katsina N103 billion
Oyo N100 billion
Kaduna N 97 billion
Borno N94 billion.