[News Update] Federal Account: Akwa-Ibom now Richest Oil State... Jigawa richer than C/River

Latest from Economic Confidential www.economicconfidential.com   Federation Account: Akwa Ibom is now the Richest Oil Producing State in Nigeria As They Share N241 and N206 from FAAC and Excess Crude Accounts Akwa Ibom State has emerged the richest oil producing state at the April meeting of FAAC beating Rivers to second position. In a table of distribution of monthly Federation Allocation exclusively obtained by the Economic Confidential it reveals that Akwa Ibom received a sum of N9.1bn, followed by Rivers N8.9bn. While some oil states like Ondo, Edo and Cross River received less allocations of N3.8bn, 3bn and N2.2bn respectively, non-oil states of Lagos received N7.5bn, Kano 5.2bn, Katsina N3.9bn, Oyo N3.7bn, even Jigawa and Osun States are in N3billion bracket. Please Click here for detail:  http://www.economicconfidential.com/may09factfaac.htm   How They Share Excess Crude Distribution of N206bn in April 2009   PROFILE ABDULSALAM Y. AHMED – The Top Banker in FMBN   INTERVIEWS Nigeria has Enough Exportable Goods- Ag.CEO NEPC Our Law School Needs N200mn Monthly or... DG NLS, Abuja      Read more from www.economicconfidential.com and the following:   MONETARY As CBN Celebrates Golden Jubilee 3 Nigerian Banks Make Forbes top World's Biggest Zenith Bank makes 3,000% profit in Ghana Unity Bank Adjudged Most Efficient Bank at Kaduna Trade Fair AGF Warns Banks against Delay in E-Payment Tax Identification Number to Reduce Tax Evasion- FIRS Boss   NATIONAL NERC FRAUD: Owan, Others Get Stringent Bail Conditions EFCC Recovers 50 billion and Secure 50 Conviction in 9 Month More Wealth in Waste Management – John Odey NIM to Build N1 Billion Office in Abuja Global Meltdown: Osun Focuses on Agriculture NITDA to Site Software Centre in Kano Economic Confidential Factual, Authoritative and Accesible Nigeria's Economic Magazine www.economicconfidential.com

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