The 36 states of the federation have so far withdrawn about 593.1 billion from the Federation Account as revenue generated in the first quarter of 2018.
The breakdown is contained in the monthly Federation Account Allocation Committee (FAAC) report obtained by the News Agency of Nigeria (NAN) on Sunday in Abuja.
The key agencies that remit funds into the federation account are the Nigerian National Petroleum Corporation (NNPC), the Federal Inland Revenue Service and the Nigerian Custom Service.
In January, the 36 states of the federation shared N196.99 billion, in February, N195.25 billion and N200.86 billion in March.
The allocation was made using the revenue sharing formular, Federal Government, 52.68 per cent; states, 26.72 per cent and local governments 20.60 per cent.
The report showed that before distribution, state liabilities were deducted.
The liabilities paid by the states in the first quarter, included external debt, contractual obligations and other deductions.
The other deductions covers National Water Rehabilitation Projects, National Agricultural Technology Support, Payment for Fertilizer, State Water Supply Project, State Agriculture Project and National Fadama Project.
To sum it up, here is what each of the 36 states got in the first quarter of 2018, after all deductions were made.
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