Pegasus Reporters News on the Wing
While the cost of such a large delegation is not known yet, watchers are asking if it was truly in the financial interest of Nigeria to spend such a humongous sum on a conference by the government and organized private sector participants. We also analyze states’ government houses budgets vis-a-vis the tight the nation’s strangulated economic situation on the masses.
*Nigeria’s minister of finance Mr. Wale Edun
PEGASUS REPORTERS, LAGOS | DECEMBER 5, 2023
As COP28 shuts its windows till another edition, the National Bureau of Statistics has revealed the number of official attendees to the conference from Nigeria as on-site registration of Nigerians who participated in COP28 in Dubai shows that 1,441 persons were in Dubai
While the cost of such a large delegation is not known yet, watchers are asking if it was truly in the financial interest of Nigeria to spend such a humongous sum on a conference by the government and organized private sector participants. We also analyze states’ government houses budgets vis-a-vis the tight the nation’s strangulated economic situation on the masses.
The tabulation shows the following;
1. State House: 138
2. National Council on Climate Change: 54
3. Federal Min of Environment: 53
4. National Assembly: 36
5. NNPC: 28
6. Ministry of Foreign Affairs: 21
7. Ministry of Environment: 16
8. Lagos State Govt: 14
9. NDDC: 13
10. Bank of Industry: 13
11. Min of Petroleum Resources: 12
13. Federal Capital Territory Authority: 11
14. NSIA: 9
15. Min of Environment & Climate Change: 9
16. Rural Electrification Agency: 9
17. Govt House, Kaduna: 9
18. Embassy of Nigeria Home-Based Office: 9
19. Min of Environment & Natural Resources: 8
20. Min of Humanitarian Affairs: 8
21. Ecologistics: 8
22. Zoetic Global: 7
23. NASENI: 7
24. NEA Engineers: 7
25. Nigerian Midstream & DPRA: 7
26. Federal Min of Transportation: 7
27. Federal Min of Finance: 7
28. Nigerian Upstream Petroleum Regulatory Commission: 6
29. Min of Niger Delta Affairs: 6
30. SMEDAN: 6
31. National Population Commission: 6
32. Sustainable Dev. Goals, Nigeria: 6
33. Niger State Govt: 6
34. North-East Dev. Commission: 6
35. Climate Wednesday: 6
36. Cross River State Govt: 6
37. DEPOWA: 6
38. Federal Min of Labour & Employment: 6
39. Federal Min of Power: 6
40. Federal Min of Power: 6
41. African Union Devt Agency: 6
42. Formal Act Legacy Ltd: 6
43. Hydrocarbon Pollution Remediation Project: 6
44. African Aviation & Aerospace University, Abuja: 6
45. Environmental Health Council of Nigeria: 6
46. Nigerian Maritime Admin & Safety Agency Vivacity: 5
47. Special Agro-Industrial Processing Zones Program: 5
48. Nigeria Liquified Natural Gas: 5
49. Oando Clean Energy: 5
50. Nigeria Labour Congress: 5
51. African Finance Corporation: 5
52. InfraCorp: 5
53. Federal Min of Environ ACReSAL: 5
54. Borno State Govt: 5
55. Gas Aggregation Company Nigeria, Ltd: 5
56. FCCPC: 5
57. Office of the SSG: 4
58. National Agency for the Great Green Wall: 4
59. Presidency: 4
60. Natural Eco Capital Ltd: 4
61. Min of Budget & Econ Planning: 4
62. Sahara Group: 4
64. Zamfara State Govt: 4
64. NIPSS: 0
SOURCE: #Statisense (COP28)
In a related instance, find below a list of State House budgets in Nigeria compared with the internally generated revenue. The report covers all the 36 states of the federation. The first of these shows the 11 States where the House Budget is greater than internally generated revenue (IGR):
States Govt House Budget (₦) IGR (₦) Deferential in %
Cross River: 61.6billion 21.1b 292%
Bayelsa 39.4b 15.9b 248%
Taraba 8.4b 10.2b 180%
Imo 34.5b 19.3b 179%
Kogi 32.4b 18.2b 178%
Zamfara 30.7b 19.4b 158%
Adamawa 18.8b 13.2b 142%
A/Ibom 49.4b 34.8b 142%
Abia 27.3b 20.1b 136%
Kebbi 10.3b 9.2b 112%
Gombe 14.9b 13.6b 110%
Next, we have the 10 States where the House Budget is more than 50% of IGR:
Ekiti 16.1b 17b 95%
Borno 17.2b 19.1b 90%
Ebonyi 10.9b 12.4b 88%
Rivers 147.8b 172.8b 86%
Katsina 10.3b 13.1b 79%
Benue 12.5b 15.9b 79%
Anambra 25.4b 33.9b 75%
Nasarawa 12.5b 19.3b 65%
Enugu 18.4b 28.7b 64%
Ogun 63.7b 120.6b 53%
15 States where the Government House Budget is 50% or less of their IGR
Oyo 31.2b 62.3b 50%
Edo 22.9b 47.5b 48%
Niger 6.9b 16.9b 41%
Plateau 6.3b 15.9b 40%
Yobe 4.1b 10.5b 39%
Delta 30.9b 85.9b 36%
Osun 6.5b 24.6b 26%
Ondo 8.5b 32.6b 26%
Kano 9.7b 42.5b 23%
Jigawa 4.2b 20.6b 20%
Sokoto 3.7b 23.6b 16%
Kwara 4.2b 35.7b 12%
Bauchi 2.9b 25.5b 11%
Kaduna 6.0b 58.1b 10%
Lagos 57.5b 651.2b 9%
SOURCE: #Statisense (Budgetpedia/NBS)
************************************************************
Pegasus Tit-Bits on Racism: Racism isn’t born, it is taught. These kids’ nanny is leaving the country, see who cuts onions! This is so emotional and touching (credit @maria.cataleya.official)
************************************************************
Tell us you were here by replying to this story in the comment section below. You can share it, too.
Pegasus Reporters: Making news that reaches your audience | Advertise with us! | Join our Readers’ Channel on Telegram (+234 815 444 5334)) Follow us on Twitter @pegasusreporter | We are on Facebook; The PegasusReporters | Chat with us on WhatsApp (+234 815 444 5334) | Contact the Editor, Mallam Oyakhamoh Y. Carl-Abu’Bakar with your adverts or articles via pegasusreporters@gmail.com
