The total allocation of N2.59 trillion is a significant amount, and it is essential that citizens are aware of how this money is distributed among the states. The allocation is based on a formula that takes into account factors such as population, land area, and revenue generation. However, the actual utilization of these funds often raises questions about transparency and accountability.
✅State-by-State Allocation
Here is the list of states and their corresponding FAAC allocations for the first half of 2024:
1. *Delta State*: N260.75 billion
2. *Rivers State*: N197.23 billion
3. *Akwa Ibom State*: N179.10 billion
4. *Lagos State*: N161.07 billion
5. *Bayelsa State*: N157.73 billion
6. *Kano State*: N84.76 billion
7. *Oyo State*: N66.75 billion
8. *Edo State*: N65.88 billion
9. *Anambra State*: N65.45 billion
10. *Ondo State*: N65.43 billion
11. *Borno State*: N63.35 billion
12. *Katsina State*: N60.58 billion
13. *Jigawa State*: N60.07 billion
14. *Benue State*: N59.10 billion
15. *Imo State*: N58.06 billion
16. *Abia State*: N54.23 billion
17. *Niger State*: N53.59 billion
18. *Kebbi State*: N53.36 billion
19. *Enugu State*: N52.58 billion
20. *Sokoto State*: N52.03 billion
21. *Adamawa State*: N50.58 billion
22. *Taraba State*: N49.89 billion
23. *Zamfara State*: N48.08 billion
24. *Bauchi State*: N47.79 billion
25. *Yobe State*: N47.67 billion
26. *Nassarawa State*: N47.02 billion
27. *Kaduna State*: N45.77 billion
28. *Plateau State*: N45.40 billion
29. *Kogi State*: N45.36 billion
30. *Ebonyi State*: N44.65 billion
31. *Osun State*: N44.39 billion
32. *Kwara State*: N44.29 billion
33. *Gombe State*: N42.85 billion
34. *Ekiti State*: N42.33 billion
35. *Cross River State*: N40.08 billion
36. *Ogun State*: N40 billion
The FAAC allocation is a vital component of Nigeria’s fiscal policy, and it is essential that citizens are aware of how this money is distributed among the states. The allocation of N2.59 trillion for the first half of 2024 is a significant amount, and it is imperative that governors and state governments utilize these funds transparently and accountably.
We pray that the governors and state governments will use these funds to improve the lives of citizens, invest in critical infrastructure, and promote economic development.
*#FAACAllocation #Transparency #Accountability #Governance #Nigeria #StateGovernments #CitizenEngagement*
