2016 Budget: South-East gets least allocation for capital projects

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Coat_of_arms_of_NigeriaThe breakdown of the sharing of funds for the various regions in the country has shown that the North Central has got the lion’s share totaling N271.79 billion for the implementation of capital projects, while the South East got the least share of N28.22 billion.

Details of the capital allocation of the 2016 Appropriations Act signed into law by President Muhammadu Buhari was contained in a document by the National Assembly Budget and Research Office (NABRO).

According to the document, the highest beneficiary is the Federal Capital Territory (FCT) with the sum of N209 billion (76.99%) for capital projects compared with every region across the Federation.

While Nasarawa State got N14.75 billion (5.43%); Kwara State got N5.19%); Niger State got N12.59 billion (4.63%); Plateau State got N6.63 billion (2.44%); Benue got N7.46 billion (2.75%) while Kogi State got N7.25 billion (2.67%).

The capital allocation of N73.7 billion went for the implementation of 802 new projects across the seven States within the North-West region of the Federation.

From the appropriated amount Kano State got N32.14 billion (43.61%) for 166 projects; Kaduna State got N19.82 billion (26.99%) for 292 projects while Katsina State got N9.52 billion (12.92%).

Jigawa State got the sum of N3.56 billion (4.84%) while N3.15 billion (4.28%) goes to Kebbi State; while Zamfara State got N2.53 billion for execution of 61 projects and N2.97 billion (4.04%) was allocated to Sokoto State.

The South West region got a total sum of N48.97 billion of which Lagos State got the highest share allocation of N16.14 billion (32.95%); Oyo State got N12.28 billion (25.08%); Ogun State got N7.95 billion (16.23%); Osun State got N6.52 billion (13.30%); Ondo State got N3.77 billion (7.70%) while Ekiti State got N2.32 billion (4.74%).

N46.69 billion is for the execution of 454 ongoing and mew projects for the North East geopolitical zone. Out of this, Gombe State got N9.70 billion (21%); Taraba state got N9.23%); Bauchi State got N9.23 billion (20%); Yobe State got N6.99 billion (15%); Adamawa State got N5.98 billion (13%) and Borno State N5.98 billion (12%).

South South’s six states received N35.31 billion for execution of 474 projects out of which 30 are ongoing projects, 438 are new projects while six are unidentified.

Cross River state in the breakdown got N10.75 billion (30.46%); Delta State got N7.55 billion (21.38%); Akwa-Ibom State got N1.92 billion (5.45%); Bayelsa State got N3.21 billion (9.08%); River state got N7.29 billion (20.66%) while Edo State got N4.58 billion (12.98%) of the total capital allocation.

South East geopolitical zone got the least allocation as a total sum of N28.22 billion was appropriated for the five States. Abia State got N6.93 billion (24.55%); Anambra State got N3.02 billion (10.20%); Ebonyi State got N4.63 billion (16.41%); Enugu State got N10.15 billion (35.98%) while Imo State got N3.49 billion (12.36%) for capital projects for the year.

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