When it comes to the distribution of resources in Nigeria, the federal government allocates funds to the various states based on certain criteria.CONTINUE FULL READING>>>>
These criteria include population, landmass, revenue generation, and other factors.
In this article, we will explore the top 7 states that receive the highest federation allocation in Nigeria.
Lagos State
Lagos State, located in the southwestern part of Nigeria, is undoubtedly the most economically vibrant state in the country.
With a population of over 20 million people, Lagos is the commercial hub of Nigeria, housing numerous industries, businesses, and financial institutions.
Due to its economic significance and high revenue generation, Lagos State receives a significant portion of the federation allocation.
Read also: The 10 Top Wealthiest States In Nigeria: Their Sources Of Revenue And GDP
Rivers State
Rivers State, situated in the Niger Delta region, is another state that receives a substantial amount of federation allocation.
The state is known for its oil and gas industry, with several multinational companies operating in the area.
The revenue generated from the oil sector contributes significantly to the federation allocation received by Rivers State.
Delta State
Delta State, also located in the Niger Delta region, is rich in oil and gas resources.
The state is home to several oil-producing communities and has a significant contribution to Nigeria’s oil revenue.
Due to its oil wealth and revenue generation, Delta State receives a considerable amount of federation allocation.
Akwa Ibom State
Akwa Ibom State, also situated in the Niger Delta region, is known for its vast oil reserves and natural resources.
The state has a thriving oil and gas industry, attracting both local and international investors.
The revenue generated from oil production and other sectors contributes to Akwa Ibom State’s high federation allocation.
Kano State
Kano State, located in the northern part of Nigeria, is the most populous state in the country. With a large population and a vibrant agricultural sector, Kano State receives a significant amount of federation allocation.
The state’s agricultural activities, including crop cultivation and livestock farming, contribute to its revenue generation.
Kaduna State
Kaduna State, also situated in the northern region, is known for its diverse economic activities. The state has a thriving manufacturing sector, with industries ranging from textiles to steel production.
Kaduna State’s industrial activities and revenue generation contribute to its high federation allocation.
Edo State
Edo State, located in the southern region of Nigeria, is known for its oil and gas resources, as well as its agricultural activities.
The state has a significant contribution to Nigeria’s oil revenue and also engages in farming and other agricultural practices. Edo State’s revenue generation from both sectors contributes to its federation allocation.
In conclusion, these are the top 7 states that receive the highest federation allocation in Nigeria. The allocation is based on various factors such as population, revenue generation, and economic activities.
These states play a crucial role in the development and growth of the Nigerian economy.CONTINUE FULL READING>>>>
