Post by Henry Emeka (@Emekus)

Ekiti state monthly allocation from the federal government (FAAC)
Ekiti receives money from the Federation Account Allocation Committee (FAAC) every month.

Based on FAAC reports from 2023–2024, Ekiti typically receives:

₦6.5 billion – ₦8.5 billion per month (state allocation)
PLUS

₦3.5 billion – ₦5.5 billion per month (local governments combined)
So the total money entering Ekiti monthly is:

₦10 billion – ₦14 billion per month
for the entire state and all 16 LGAs.

This is the real number.

What does this mean per citizen?
Ekiti population ≈ 3.5 million people

If Ekiti receives ₦12 billion in a month:

₦12,000,000,000÷3,500,000≈₦3,428𝑝𝑒𝑟𝑝𝑒𝑟𝑠𝑜𝑛𝑝𝑒𝑟𝑚𝑜𝑛𝑡ℎ
That means:

Ekiti receives only about ₦3,400 per citizen per month.
This is why:

Healthcare cannot be free

Housing cannot be free

Education cannot be free

Youths cannot be paid ₦500,000 monthly

Roads cannot all be fixed

Hospitals take long to complete

The money is simply too small.


https://punchng.com/pictorial-oyebanji-inspects-eksuth-80-bed-hospital-ward-construction/?utm_source=copilot.com#google_vignette

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