Federal, state, local govts get N3.84 trillion allocations in six months – NEITI
The report released on Sunday in Abuja showed about N1.599 trillion went to the federal government, about N1.335 trillion to the 36 states, while the 774 local governments shared N792 billion.
NEITI said the total disbursement of N3.84 trillion was slightly lower than the N3.94 trillion disbursed during the same period in 2018. However, it was higher than the N2.78 trillion disbursed in the first half of 2017. The spokesperson of NEITI, Ogbonnaya Orji, said total disbursements in the three quarters of 2018 was above N2 trillion.The NEITI Quarterly Review combined new data for the 2019 second quarter with previously examined data for the 2019 first quarter.
The analysis was conducted using data obtained from the National Bureau of Statistics, Office of the Accountant-General of the Federation and FAAC. Also, disbursements to the federal government in the first half of 2019 were 3.22per cent lower than disbursements in the first half of 2018, but 45.56 per cent higher than disbursements in the first half of 2017”.
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