KANO, LAGOS GET LION’S SHARE IN N42BN ECOLOGY FUND

The 36 states of the federation shared N41.79bn allocation from the Ecology Fund in 2022, according to findings by The PUNCH.

This was according to data from the distribution of Ecology Revenue allocation to states by Federation Account Allocation Committee. The data, comprising records from January to December 2022, was obtained from the website of the National Bureau of Statistics.

Also referred to as the Ecological Fund, it is an intervention fund by the Federal Government to address the multifarious ecological challenges in various communities across the country. The PUNCH observed that the states shared N3.44bn in January, N2.43bn in February, N2.89bn in March, N3.37bn in April, N3.18bn in May, and N2.53bn in June. The states shared N4bn in July, N5.19bn in August, N3.11bn in September, N3.62bn in October, N3.58bn in November and N4.46bn in December 2022.

While the highest allocation was in August, the lowest allocation was in February.

The PUNCH also observed Kano had the highest total allocation of N1.75bn in 2022.

It was followed by Lagos with N1.48bn, Kaduna with N1.44bn, Borno with N1.37bn and Katsina with N1.35bn. Bayelsa had the lowest allocation of N975.2m, followed by Kwara with N981.08m, Ekiti with N985.47m and Ebonyi with N986.03m. It was further noted that some States like Abia, Akwa Ibom, Bayelsa, Benue, Cross River, Delta, Edo, Imo, Kebbi, Kogi, Kwara, Niger, Ondo, Plateau and Rivers transferred 50 per cent of their share to Niger Delta Development Commission and Hydroelectric Power Producing Areas Development Commission.

While the NDDC was introduced to develop the Niger Delta regions, the HYPPADEC was introduced to manage the ecological menace to the operation of dams in the country.

In the 2023 performance scorecard presented by the Minister of Humanitarian Affairs, Disaster Management and Social Management, Sadiya Farouq recently, she said 4,476,867 people were affected by flooding and 3,181 sustained injuries from the disaster, while no fewer than 2,437,411 people were displaced from their various settlements.

Read more at: https://punchng.com/kano-lagos-get-lions-share-in-n42bn-ecology-fund/

 

 

 

 

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