Breaking Featured General Politics

Federal Ministry of Finance, Abuja Published the Distribution of Revenue Allocation to State Governments for Month of November, 2015

10644119_569587086530633_217325311927219535_o OSUN ON SALE: The Federal Ministry of Finance, Abuja has published the Distribution of Revenue Allocation to State Governments by the Federation Account Allocation Committee for the Month of November, 2015 Shared in December,2015.
As usual and unfortunately too,Osun came far last after Cross River State that got 1.1Billion Naira. Osun is the only state with a deficit allocation of N24,184, 700.60.

What this means is that Osun will even have to pay back to the Federation Account a sum of N24 Million to balance up her debt deductions for the month of November,2015. ( Source The Guardian Newspapers- Monday,January 18, 2016.

Also the Budget Office Website www.budgetoffice.gov.ng and www.fmf.ng)
Recall on how the state got N55Million as her FG Allocation three months ago. The following month witnessed a deficit Allocation of – N27Million. Here we are now- with another zero FG Allocation of N24Million Naira.

Leave a Comment