The Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, has named top 10 recipients of Federation Account allocations in 2013.
Credit: Nigerian Tribune
Okonjo-Iweala said this on Sunday while delivering a commencement address at the 12th convocation ceremony and award of degrees to graduating students of Babcock University, Ilishan Remo, Ogun State.
According to the minister, the top 10 allocations in 2013 went to the following states (the data do not include internally generated revenue of these states):
*.Akwa Ibom (N260 billion or $1.7 billion)
*.Rivers (N230 billion or $1.5 billion)
*.Delta (N209 billion or $1.3 billion)
*.Bayelsa (N173 billion or $1.1 billion)
*.Lagos (N168 billion or $1.1 billion)
*.Kano (N140 billion or $0.9 billion)
*.Katsina (N103 billion or $0.7 billion)
*.Oyo (N100 billion or $0.6 billion)
*.Kaduna (N97 billion or $0.6 billion)
*.Borno (N94 billion or $0.6 billion).