Post by Henry Emeka (@Emekus)

So where is the money?
Rivers State is one of the top 3 richest states in Nigeria.

Revenue sources include:
Federal allocation (FAAC)

13% oil derivation

Internally generated revenue (IGR)

Oil company taxes

Land and property taxes

Port Harcourt port activities

But the money disappears into:
Political godfather networks

Overpriced contracts

Abandoned projects

Security votes (not audited)

Court battles

Political loyalty payments

Media propaganda

Maintaining political thugs

Citizens rarely see the benefits.

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