The Distribution of Nigeria's Wealth amongst the States of the Federation: 2008 - 2010

The Distribution of Nigeria's Wealth amongst the States of the Federation: 2008 - 2010

February 14, 2012

 


 









The table above indicates that between 2008 and 2010:

*      the Northern region with 53% of the total population shared 40.4% of the revenue;

*      the Southern region with 15% of the total population shared 35.7% of the revenue;

*      the Eastern region with 12% of the total population shared 9.2% of the revenue; and

*      the Western region with 20% of the population got 14.6% of the revenue.

This distribution excludes an additional 13% derivation accrued to some states in the oil producing region. The distribution of the appropriated revenue is as follows:

 

  Combining the FAAC Revenue with the 13% Derivation between 2008 and 2010 reveals that:

*      the Northern region with 53% of the total population shared 34.2% of total sum;

*      the Southern region with 15% of the total population shared 44.3% of total sum;

*      the Eastern region with 12% of the total population shared 8.3% of total sum; and

*      the Western region with 20% of the population got 13.2% of total sum.



 


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