{"id":51780,"date":"2016-07-31T18:16:25","date_gmt":"2016-07-31T17:16:25","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=51780"},"modified":"2016-07-31T18:16:25","modified_gmt":"2016-07-31T17:16:25","slug":"buharis-govt-got-n2-2tr-federation-account-one-year","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/","title":{"rendered":"Buhari&#8217;s Govt Got N2.2tr from Federation Account in One Year!"},"content":{"rendered":"<div style=\"text-align: justify;\">Facts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and seventy-three million, five hundred and seventy-three thousand, five hundred and sixty-three naira and twenty-five kobo) from the Federation Account as allocation between June 2015 and May 2016, Economic Confidential can authoritatively report.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">In a recent search by the Economic Confidential, the economic intelligent magazine and carefully computed, the administration under Buhari\u2019s watch got the highest allocation in July 2015 with N412.60 billion and the lowest allocation within the period under review of N113.80 billion in May 2016!<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The report further reveals that in June 2015, the Federal Government received N173.91 billion made up of N159.72 billion for consolidated Revenue fund, N3.27bn for share of derivation and ecology, N1.63bn for Stabilization fund, N5.49bn for development of natural resources, \u00a0 and N3.78bn for the Federal Capital Territory Administration.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">In \u00a0August, September and October 2015, it \u00a0received N216.99bn, N180.86bn and N162.93bn \u00a0respectively. Between November and December 2015 the federal Government also got N205.15bn and N151.64bn to end the year.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">At the start of 2016 and precisely January, it received N175.04bn made up of N160.87bn for consolidated revenue fund, N3.10bn for share of derivation and ecology, N1.77bn representing that of stabilization fund, while development of natural resources and FCT stood at N5.46bn and N3.82bn respectively.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">As for the month of February, March and April this year it was the peak of \u00a0\u201clow returns on investment\u201d as the federal Government witnessed in a descending order of N150.32bn, N139.36bn, N120.92bn \u00a0to close the first quarter \u00a0in a not too- cheering manner.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Recall that Economic \u00a0Confidential had recently investigated and published the allocations from the federation account to states and local governments in the country in the last one year, apart from Internally Generated Revenue(IGR) accruing to the 36 states of the federation and Abuja. It has also published what major revenue collecting agencies have also received within the period.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">The report on IGR indicated that only Lagos State generated more revenue than the allocation from the Federation Account which was about 150%.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Economic Confidential also revealed that the internally generated revenue (IGR) of N268bn by Lagos state in 2015 is more than that of 32 other states put together that generated a total of N257bn.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Meanwhile Economic Confidential gathered that apart from the allocations from the Federation Account, as at the end of March this year, total inflows into the Treasury Single Account(TSA) of the Federal Government under President Buhari stood at N3 trillion while the number of Ministries, Departments and Agencies (MDAs) rose to 976.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">However, Finance Minster, Kemi Adeosun recently disclosed that TSA \u00a0has significantly witnessed an increase to N3.3 trillion in May 2016, noting that the Finance Ministry had continuously discovered revenue platforms that had escaped its net especially, shipping levies, airport landing charges, visa fees amongst others.<\/div>\n<div style=\"text-align: justify;\">PR Nigeria<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Facts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":51781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-51780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buhari&#039;s Govt Got N2.2tr from Federation Account in One Year! - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buhari&#039;s Govt Got N2.2tr from Federation Account in One Year! - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Facts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-31T17:16:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1281\" \/>\n\t<meta property=\"og:image:height\" content=\"899\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"Buhari&#8217;s Govt Got N2.2tr from Federation Account in One Year!\",\"datePublished\":\"2016-07-31T17:16:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/\"},\"wordCount\":508,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg\",\"articleSection\":[\"Exclusive\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/\",\"name\":\"Buhari's Govt Got N2.2tr from Federation Account in One Year! - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg\",\"datePublished\":\"2016-07-31T17:16:25+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg\",\"width\":1281,\"height\":899},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Buhari&#8217;s Govt Got N2.2tr from Federation Account in One Year!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Buhari's Govt Got N2.2tr from Federation Account in One Year! - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/","og_locale":"en_US","og_type":"article","og_title":"Buhari's Govt Got N2.2tr from Federation Account in One Year! - Pointblank News","og_description":"Facts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and&hellip;","og_url":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/","og_site_name":"Pointblank News","article_published_time":"2016-07-31T17:16:25+00:00","og_image":[{"width":1281,"height":899,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg","type":"image\/jpeg"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"Buhari&#8217;s Govt Got N2.2tr from Federation Account in One Year!","datePublished":"2016-07-31T17:16:25+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/"},"wordCount":508,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg","articleSection":["Exclusive"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/","url":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/","name":"Buhari's Govt Got N2.2tr from Federation Account in One Year! - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg","datePublished":"2016-07-31T17:16:25+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2016\/07\/Economic-Confidential-PMB-FG-one-Year-FAAC-Allocation-June15-to-May16.jpg","width":1281,"height":899},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/exclusive\/buharis-govt-got-n2-2tr-federation-account-one-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"Buhari&#8217;s Govt Got N2.2tr from Federation Account in One Year!"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/51780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=51780"}],"version-history":[{"count":0,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/51780\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/51781"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=51780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=51780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=51780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}