• Membership
  • Advert Rates
  • Careers
  • About Us
  • Contact Us
  • Digital Store
Monday, June 30, 2025
The Trumpet Newspaper Nigeria
No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
No Result
View All Result
The Trumpet Newspaper Nigeria
No Result
View All Result
ADVERTISEMENT
Home Business

FAAC: Delta’s N48b allocation surpasses Rivers, A’Ibom, Bayelsa, Lagos, Kano, others in May

Expert demands stable power supply, more infrastructure development, others in Delta

Edu Abade by Edu Abade
November 12, 2024
in Business
Reading Time: 2 mins read
0
Allocation
0
SHARES
23
VIEWS
Share on FacebookShare on TwitterShare on LinkedinShare on WhatsAppShare on Pinterest
Delta State received a lion share of N48 billion from the N462.7 billion Federal Account Allocation Committee (FAAC) among the states of the federation in May, 2024, surpassing the takings of other oil producing states like Rivers with second largest allocation of N36.1 billion and Akwa Ibom with third largest share of N33.3 billion.

Details of the allocations for each state showed that Bayelsa State received the fourth highest allocation of N29.7 billion, followed by Lagos State with N28.7 billion, while Kano received the highest allocation in the North with a share of N14.8 billion.

The figures seen by The Trumpet also revealed that Ogun, Cross River, Ekiti, Osun, Ebonyi, Kwara and Plateau states got the lowest allocation of N6.7 billion, N6.9 billion, N7.4 billion, N7.5 billion, N7.6 billion, N7.6 billion and N7.8 billion respectively.

ADVERTISEMENT

The South East states of Abia got N9.7 billion, Anambra received N11.7 billion, Enugu got NN8.9 billion, while Imo State received N10.8 billion.

In the South West, Ondo State received N11.6 billion, while Oyo got N11.7 billion just as Edo in the South-South got an allocation of N11.8 billion.

In the North Central, Nasarawa State got N8.1 billion, Benue State received N10.2 billion, Niger State got N9.3 billion, Kogi (N8.1 billion), while Kaduna, Katsina, Kebbi and Jigawa received N8.3 billion, N10.5 billion, N9.2 billion and N10.5 billion respectively.

Other states in the North are Adamawa (N8.6 billion, Bauchi (N7.7 billion), Borno (N11.1 billion), Sokoto (N9.3 billion), Taraba (N9.3 billion) and Yobe (N8.2 billion).

Responding to the revenue accruing to Delta State from FAAC alone estimated at a whopping N576 billion yearly, a public affairs analyst and development enthusiast, Chief God’sPower Chehoke Obi, lamented that the development in Delta and other oil producing states, was not commensurate with the amounts received by the states.

“The case of Delta State is even more worrisome because although the state is host to major power plants in Ughelli in Ughelli North Local Government Area and Okpai in Ndokwa East Local Government Area, the state has been in perpetual darkness due to the failure of the state government to initiate power projects to provide stable electricity in the state.

Read also: ATCA raises alarm over BAT’s planned export of ‘kiddie’ cigarette packs to Africa

“Agreed the Governor Sheriff Oborevwori-led government is making some strides in construction and rehabilitation of roads across the state, a lot still needs to be done to initiate independent power projects to improve electricity supply across the state.

“The state government should go beyond establishing universities and schools to establish industries that will absorb the graduates being churned out of the tertiary institutions. A good way to achieve this is to embark on massive electrification and industrialization of the state since the Federal Government seemed to have abdicated its responsibility in the provision of stable power supply.”

He stressed that with Delta’s allocation, which is almost equivalent to the allocation of the entire South East states put together, the state government should have no excuse in vigorously providing basic infrastructure, stable electricity supply, healthcare facilities, schools and potable water, among other needs.

Previous Post

Customs strengthens collaboration with NNPCL to curb fuel smuggling

Next Post

Rivers government promises new era of responsible governance, sustainable development

Edu Abade

Edu Abade

Next Post
Rivers

Rivers government promises new era of responsible governance, sustainable development

About The Trumpet

The Trumpet is a Nigerian based national news media, owned, trademarked and operated by Elomaz Communications Limited with headquarters in FCT-Abuja and regional offices in Lagos and Delta States

Follow Us

Resources

  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

Recent News

Tension in APC as rumours of Shettima’s replacement, Ganduje’s exit unsettle party

Tension in APC as rumours of Shettima’s replacement, Ganduje’s exit unsettle party

June 30, 2025
Court grants Sen. Akpoti-Uduaghan bail in defamation trial

Court grants Sen. Akpoti-Uduaghan bail in defamation trial

June 30, 2025
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Go to mobile version
Verified by MonsterInsights