North West - Intelpoint

Search results for

The largest share of NHIA funds in 2024, approximately 30%, was allocated to the North-Western states of Nigeria

Key takeaways:

Kano State received the highest individual allocation, totalling ₦1.43 billion, which accounts for 6% of the overall disbursement.
The North-West region received the largest regional share, with ₦7.16 billion of the total NHIA Gateway Fund.
The South-West received the smallest regional allocation, amounting to nearly 10% of the total.
The top ten recipient states collectively received ₦10.07 billion, representing 42.1% of the entire fund.
The Southern regions collectively received 42% of total disbursement.
The total NHIA Gateway Fund disbursed in 2024 amounted to ₦23.92 billion.

Cooking gas costs more in Nigeria's North East than in any other region

Key Takeaways:

The North East had the highest average cooking gas prices of ₦7.4k and ₦18.2k for 5kg and 12.5kg cylinders respectively
The average price of 5kg and 12.5kg cooking gas rose by 44.62% and 50.08% from December 2023
The North East had the highest average price for 5kg gas, followed by the North Central, South West, North East, South East, and then the South South, which had the lowest average price
The North East had the highest average price for 12.5kg gas, followed by the South West, South-South, South East, North East, and then the North Central, which had the lowest average price

The North Central region of Nigeria recorded the highest average price for kerosene per litre in December 2024, standing at ₦2,278.8

Key Takeaways:

The northern regions of Nigeria experienced higher prices than the southern regions, except for the North East.
The North Central region had the highest average kerosene cost, while the South East reported the lowest.
There is a significant price difference of about ₦483.7 between the region with the highest price (North Central) and the region with the lowest (South East).
Households in the North Central region will likely spend a larger portion of their budget on kerosene than those in the South East region.

FAAC Distributions: South South states have received over ₦10.8 trillion — one-third of the total net allocation — combined since 2011

Since 2011, over ₦32.8 trillion has gone to Nigeria’s state governors from the Federation Account Allocation Committee (FAAC). States from the South East have received ₦3.3 trillion combined, the least nationwide. This fund allocation is to ensure that all levels of government have the necessary funds to meet their financial obligations and to provide public services.

Nigeria: Cost of cooking gas increases by 55%, but remains the cheapest on average in the northern regions

The cost of cooking gas nationwide increased from an average of ₦10.3k in March 2023 to nearly ₦16k in March 2024. However, the northern regions had the most affordable prices. The North East had the lowest average price of ₦14.9k for a 12.5kg cylinder. In Katsina, the average price for 12.5kg of cooking gas was ₦12,400 as of March 2024, the lowest in the country.

Nigeria's internally generated revenue by states in 2022

Nigerian states and the FCT generated ₦1.92 trillion in internal revenue in 2022, ₦29.8 billion (1.57%) more than in 2021, with Lagos State accounting for 34% of the IGR in 2022. Here are the revenues collected by Nigeria's states in 2022.

Nigeria: Federal Account Allocation Committee's net revenue allocation by geopolitical zone in H1 2023

Nigeria's Federal Account Allocation Committee shared ₦1.85 trillion among 36 states between January and June 2023. Here is the revenue allocation by geopolitical zone in H1 2023.