Delta, Akwa Ibom get lion’s share as states receive N2.29trn federal allocation in 2020

IN 2020, 36 states of the federation and the Federal Capital Territory (FCT) shared 2.29 trillion naira as federal allocation, data from the National Bureau of Statistics (NBS) has shown.The allocation shared among the states in 2020 was 7.25 percent lower than that of 2019 (2.47 trillion naira). The COVID-19 pandemic and dwindling oil revenue … Continue reading Delta, Akwa Ibom get lion’s share as states receive N2.29trn federal allocation in 2020