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Tag: allocation

  • Court dismisses suit seeking to stop LGAs allocation in Kano

    Court dismisses suit seeking to stop LGAs allocation in Kano

    A Federal High Court sitting in Kano, on Monday, dismissed a suit filed by Abdullahi Abbas of the All Progressives Congress (APC) and one other seeking to stop statutory allocations to the 44 Local Government Areas of Kano State.

    Abbas, Aminu Aliyu-Tiga, and the APC , through their counsel, Sunday Olowomoran, filed a motion exparte dated Oct. 28, and filed on Nov.1, 2024.

    The respondents in the suit are the Central Bank of Nigeria (CBN), the Federal Account Allocation Committee(FAAC), Revenue Mobilization Allocation and Fiscal Commission,(RMAFC), Accountant-General of the Federation, Minister of Finance, Auditor General of the Federation, and Attorney General of the Federation.

    Others are the Secretary to the Government of the Federation (SGF), the Kano State Government, Attorney General Kano, Kano State Independent Electoral Commission(KANSIEC) and the 44 Kano local governments.

    The applicants are seeking a declaration that the 12th to 55th respondents are not democratically elected and constituted pursuant to Section 7(1) of the Constitution of the fedyeral Republic of Nigeria 1999 (as amended).

    They are also asking the court to restrain the Federal Government, the CBN, and the Accountant-General from disbursing statutory funds to Kano’s 44 local government councils.

    Justice Simon Amobeda, in his ruling, held that even though a notice of discontinuance which ought to be filed not later than 14 days after service, was filed,  a hearing date had been fixed, citing Order 50 Rules 3, 4 and 5 of the court.

    “To avoid resuscitating the case in the future, the proper order to make is to dismiss the case.

    “In view of this, leave is hereby granted to the applicants to withdraw the case. The suit is hereby dismissed with no cost,” Amobeda said.

    Earlier, while addressing the court on the propriety or otherwise of the case, counsel to the applicants, Mr Sunday Olowomoran, on behalf of the lead counsel, Abdul Adamu-Fagge, SAN, made an oral application to withdraw the case.

    “My Lord, this suit was appealed. The appellate court on June 30, said this court lacks jurisdiction to entertain the matter and that the Kano State High Court is the proper court to entertain it,” Olowomoran said, urging the court to strike out the case.

    Counsel to CBN and RMAFC, Mr. B. D. Uche and S. G. Ahmad, told the court that their clients were not part of the appeal at the appellate court and urged the court to dismiss the suit with a cost of N1 million each.

    Counsel to the Attorney-General of the Federation, Tajudeen Abdullahi, urged the court to dismiss the suit, not strike it out, with a cost of N2.5 million.

    Counsel to Kano State Government, Bashir Yusuf-Muhammad, urged the court to apply the principle of law by dismissing the suit with a cost of N2 billion against the plaintiffs.

    Also, counsel to the Kano State Attorney-General, Sani Mustafa-Dauda, also urged the court to dismiss the suit with a cost of N5 million.
    Counsel to KANSIEC, Ibrahim Wangida, urged the court to dismiss the suit, not strike it out.

    “My Lord, KANSIEC has suffered psychological and physical trauma; the office was locked for three months. We have filed processes, services, and printing. We are asking for a cost of N2 million,” he said.

    Counsel to the 44 local governments, Eyitayo Fatogun, SAN, also urged the court to dismiss the suit with a cost of N2 million, citing Order 50 of the rules of the court.

    Counsel for the 44 elected local government chairmen, Mustapha Hussaini, urged the court to dismiss the suit with a cost of N44 million.

    The court, on Oct. 23, 2024, halted the conduct of the local government councils’ election scheduled for Oct. 26, 2025, until KANSIEC is properly reconstituted, as it had previously been dissolved by the court for partisanship.

  • FG, States, FCT, LGs share N1.818trn FAAC revenue

    FG, States, FCT, LGs share N1.818trn FAAC revenue

    The Federation Account Allocation Committee Committee (FAAC) has shared a total sum of N1.818 trillion, being June revenue to the Federal Government, states and the Local Government Councils (LGs).

    This is according to a communiqué from FAAC made available by Bawa Mokwa, Director , Press and Public Relations, Office of the Accountant-General of the Federation (OAGF).

    The revenue was shared at the July 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja on Friday night.

    According to the  communiqué, the N1.818 trillion total revenue comprised statutory revenue of N1.018 trillion, Value Added Tax (VAT) revenue of N631.507 billion and Electronic Money Transfer Levy (EMTL) of N29.165 billion.

    It also comprised Exchange Difference revenue of N38.849 billion and N100 billion Augmentation from Non-Mineral revenue.

    The communiqué indicated  that total gross revenue of N4.232 trillion was available in June.

    “Total deduction for cost of collection was N162.786 billion while total transfers, interventions, refunds and savings was N2.251 trillion.

    “Gross statutory revenue of N3.485 trillion was received for the month of June. This was higher than the sum of N2.094 trillion received in the month of May by N1.39 trillion,” it said.

    It said that gross revenue of N678.165 billion was available from VAT in June 2025, lower than the N742.820 billion available in the month of May by N64.655 billion.

    The communiqué indicated that from the N1.818 trillion total distributable revenue, the Federal Government received total sum of N645.383 billion and the state governments received a total sum of N607.417 billion.

    It said that the LGs received N444.853 billion, while the sum of N120.759 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    On the N1.018 trllion statutory revenue, the communiqué said that the Federal Government received N474.455 billion and the state governments received N240.650 billion.

    “The LGs received N185.531 billion, and the sum of N118.256 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    “From the N631.507 billion VAT revenue, the Federal Government received N94.726 billion, the state governments received N315.754 billion and the LGs received N221.027 billion.

    “A total sum of N4.375 billion was received by the Federal Government from the N29.165 billion EMTL. The state governments received N14.582 billion and the LGs received N10.208 billion,” it said.

    It further said that from the N38.849 billion Exchange Difference revenue, the Federal Government received N19.147 billion and the state governments received N9.712 billion.

    “The LGs received N7.487 billion, while the sum of N2.503 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    The communiqué said that the Federal Government received a total sum of N52.680 billion, the state governments received N26,720 billion and the LGs received N20.600 billion from the N100 billion Augmentation.

    “In June, Companies Income Tax, Petroleum Profit Tax and EMTL increased significantly while Oil and Gas Royalty, VAT, Import Duty, Excise Duty and CET Levies decreased considerably,” it said.

  • FG, states, LGs share N1.65trn May revenue

    FG, states, LGs share N1.65trn May revenue

    The Federation Account Allocation Committee (FAAC), has shared N1.659 trillion, being May 2025 revenue among the Federal Government, States and the Local Government Councils (LGCs).

    The revenue was shared at the June meeting of FAAC in Abuja on Wednesday.

    This is according to a communiqué issued at the end of the meeting, which was made available by Mr Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation.

    The communiqué said that the N1.659 trillion total distributable revenue comprised statutory revenue of N863.895 billion and Value Added Tax (VAT) of N691.714 billion.

    “It also comprised Electronic Money Transfer Levy (EMTL) of N27.667 billion and Exchange Difference of N76.614 billion,” it said.

    The communiqué said that total gross revenue of N2.942 trillion was available in the month of May.

    It said that total deduction for cost of collection was N111.908 billion, while total transfers, interventions and refunds was N1.171 trillion.

    “Gross statutory revenue of N2.094 trillion was received for the month of May. This was higher than the sum of N2.084 trillion received in the month of April by N10.023 billion.

    “Gross revenue of N742.820 billion was available from VAT in May. This was higher than the N642.265 billion available in April by N100.555 billion,” it said.

    The communiqué said that from the N1.659 trillion total distributable revenue, the Federal Government received the sum of N538.004 billion and the state governments received total sum of N577.841 billion.

    “The LGCs received N419.968 billion, while the sum of N124.076 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    “On the N863.895 billion distributable statutory revenue, the Federal Government received N393.518 billion and the state governments received N199.598 billion.

    “The LGCs received N153.881 billion and the sum of N116.898 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue,” it said.

    The communiqué further said that from the N691.714 billion VAT revenue, the Federal Government received N103.757 billion, the state governments received N345.857 billion and the LGCs received N242.100 billion.

    It said that N4.150 billion was received by the Federal Government from the N27.667 billion EMTL, adding that the state governments received N13.833 billion and the LGCs received N9.683 billion.

    “From the N76.614 billion Exchange difference revenue, the Federal Government received N36.579 billion and the state governments received N18.553 billion.

    “The LGCs received N14.304 billion, while the sum of N7.178 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    “In May, Companies Income Tax (CIT), VAT and Import Duty increased significantly while CET Levies, Petroleum Profit Tax (PPT), Oil and Gas Royalty and EMTL recorded decreases. Excise Duty increased only marginally,” it said.

  • FAAC: FG, states, LGs share N1.578trn for March

    FAAC: FG, states, LGs share N1.578trn for March

    The Federation Account Allocation Committee (FAAC), on Monday, shared N1.578 trillion among the Febderal Government, states and the Local Government Councils (LGCs) for the month of March.

    A communiqué issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF),  said the revenue was shared at the April meeting of FAAC in Abuja.

    The communiqué said that the total revenue of N1.578 trillion comprised statutory revenue of N931.325 billion, Value Added Tax (VAT) revenue of N593.750 billion, and Electronic Money Transfer Levy (EMTL) revenue of N24.971 billion.

    “It also comprised Exchange Difference revenue of N28.711 billion,” it said.

    It said that total gross revenue of N2.411 trillion was available in the month of March.

    “Total deduction for cost of collection was N85.376 billion, while total transfers, interventions and refunds was N747.180 billion.

    “Gross statutory revenue of N1.718 trillion was received for the month of March 2025. This was higher than the sum of N1.653 trillion received in February 2025 by N65.422 billion.

    “Gross revenue of N637.618 billion was available from VAT. This was lower than the N654.456 billion available in February by N16.838 billion,” it said.

    The communiqué said that from the total revenue of N1.578 trillion, the Federal Government received N528.696 billion and the State Governments received N530.448 billion.

    It said that the LGCs received total sum of N387.002 billion, and a total sum of N132.611 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    “On the N931.325 billion statutory revenue, the Federal Government received N422.485 billion and the State Governments received N214.290 billion.

    “The LGCs received N165.209 billion, and the sum of N129.341 billion (13 per cent of mineral revenue) was shared to the benefiting States as derivation revenue.

    “From the N593.750 billion VAT revenue, the Federal Government received N89.063 billion, the State Governments received N296.875 billion and the LGCs received N207.813 billion,” it said.

    It said that total sum of N3.746 billion was received by the Federal Government from the N24.971 billion EMTL, while he State Governments received N12.485 billion and the LGCs received N8.740 billion.

    According to the communiqué, Petroleum Profit Tax (PPT) and Companies Income Tax (CIT) increased considerably while Oil and Gas royalty, EMTL, VAT, Excise Duty, Import Duty and CET Levies recorded decreases.

  • How FG, States, LGs shared N1.703 trillion January FAAC allocation

    How FG, States, LGs shared N1.703 trillion January FAAC allocation

    The Federation Accounts Allocation Committee (FAAC) has shared the sum of N 1.703 trillion revenue among

    the Federal Government, states and the Local Government Councils (LGCs) for January.

    This is according to a communiqué made available to newsmen at the end of FAAC meeting by Mr Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF) on Thursday in Abuja.

    According to the communiqué, the N1.703 trillion total revenue comprised statutory revenue of N749.727 billion, Value Added Tax (VAT) revenue of N718.781 billion.

    It also comprised Electronic Money Transfer Levy (EMTL) revenue of N20.548 billion and Augmentation of N214 billion.

    It said that the total gross revenue of N2.641 trillion was available in the month of January.

    “Total deduction for cost of collection was N107.786 billion while total transfers, interventions, refunds and savings was N830.663 billion,” it said.

    It said that gross statutory revenue of N1.848 trillion was received for the month of January.

    “This was higher than the sum of N1.226 trillion received in December, 2024 by N622.125 billion.

    “Gross revenue of N771.886 billion was available from Vat in January, which was higher than the N649.561 billion available in Dec. 2024 by N122.325 billion,” it said.

    The communiqué said that from the N1.703 trillion total revenue, the Federal Government received the sum of N552.591 billion and the state governments received N590.614 billion.

    “The LGCs received the sum of N434.567 billion and a total sum of N125.284 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    “On the N749.727 billion statutory revenue, the Federal Government received N343.612 billion and the state governments received N174.285 billion.

    “The LGCs received N134.366 billion, and the sum of N97.464 billion (13 per cent of mineral revenue) was shared to the benefiting States as derivation revenue,” it said.

    The communiqué further said that from the N718.781 billion VAT revenue, the Federal Government received N107.817 billion, the state governments received N359.391 billion and the LGCs received N251.573 billion.

    It said that a total sum of N3.082 billion was received by the Federal Government from the N20.548 billion EMTL, from which the state governments received N7.192 billion and the LGCs received N10.274 billion.

    “From the N214 billion augmentation, the Federal Government received N98.080 billion and the state governments received N49.747 billion.

    “The LGCs received N38.353 billion, and a total sum of N27.820 billion (13 per cent of mineral revenue) was shared to the benefiting States as derivation revenue.

    “In January, VAT, Petroleum Profit Tax, Companies Income Tax, Excise Duty, Import Duty and CET Levies increased significantly while EMTL and oil and gas royalty decreased considerably,” it said.

  • Assembly strips Cross River LG councils of 7.5% federal allocation

    Assembly strips Cross River LG councils of 7.5% federal allocation

    The Cross River House of Assembly has okayed the deduction of 7.5 per cent from the monthly federal allocation of each of the 18 Local Government Areas of the state.

    The deduction is contained in the Local Government Amendment Bill 2025, which has gone through the third reading in the House.

    The bill on Friday passed through the second reading, the committee stage and was subsequently passed for 3rd reading.

    In addition to the 7.5 per cent monthly deduction, each council was also to commit N1 million into the purse of the State Reserve Fund.

    The bill was sponsored by the Majority Leader of the assembly, Mr Davies Ita of Abi State Constituency.

    During sitting, the Chairman, Joint Committee on Local Government, Chieftaincy Affairs and Rural Development, Mr Eyo Bassey of Bakassi Constituency, laid the bill on the floor of the House and it was formally accepted as a working document.

    Bassey said that the State Local Government Law 2007 was first amended in 2008 and further aamended in 2011, adding that “it has been harmonised for clarity now”.

    After the committee stage, the lawmakers agreed to the following amendments.

    They include an Upgrade of the position of Head of Local Government Administration to the equivalent of Permanent Secretary and increase in the number of the chairman’s statutory appointees to 50.

    The amendment also prescribes other deductions from the gross monthly allocation of each council.

    They include monthly deduction of one per cent for the House oversight function, and 0.5 per cent for the state community and social development agency.

    The bill also includes one per cent for the funding of the University of Cross River State, and 0.5 per cent for the Office of the Auditor General.

    The rest are four per cent for the state road maintenance agency and N1 million each for the state reserve fund.

  • FAAC: How FG, States, LGAs shared N1.424trn December revenue

    FAAC: How FG, States, LGAs shared N1.424trn December revenue

    A total sum of N 1.424 trillion, being December 2024 Federation Account Revenue has been shared to the Federal Government, states, and the Local Government Councils (LGCs).

    This is according to a statement by Bawa Mokwa, Director, Press and Public Relations, Office of the Accountant General of the Federation (OAGF).

    Mokwa said that the revenue was shared at the January Federation Account Allocation Committee (FAAC) meeting on Friday in Abuja.

    Meanwhile, a communiqué from the FAAC meeting said that the N1.424 trillion total revenue comprised statutory revenue of N386.124 billion, and Value Added Tax (VAT) revenue of N604.872 billion.

    It also comprised Electronic Money Transfer Levy (EMTL) revenue of N31.211 billion and Exchange Difference revenue of N402.714 billion.

    The communiqué indicated that total gross revenue of N2.310 trillion was available in Dec. 2024.

    It said that total deduction for cost of collection was N84.780 billion while total transfers, interventions, and refunds were N801.175 billion.

    “Gross statutory revenue of N1.226 trillion was received for Dec. 2024. This was lower than the sum of N1.827 trillion received in of Nov. 2024 by N600.988 billion.

    “Gross revenue of N649.561 billion was available from VAT in Dec. 2024. This was higher than the N628.973 billion available in Nov. 2024 by N20.588 billion,” it said.

    The communiqué said that from the N1.424 trillion total distributable revenue, the Federal Government received the total sum of N451.193 billion, while the state governments received the sum of N498.498 billion.

    It said that the LGCs received N361.754 billion, and a total sum of N113.477 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    “On the N386.124 billion statutory revenue, the Federal Government received N167.690 billion, and the state governments received N85.055 billion.

    “The LGCs received N65.574 billion, and the sum of N67.806 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    “From the N604.872 billion VAT revenue, the Federal Government received N90.731 billion, the state governments received N302.436 billion and the LGCs received N211.705 billion,” it said.

    It further said that a total sum of N4.682 billion was received by the Federal Government from the N31.211 billion EMTL.

    It said that the state governments received N15.605 billion, and the LGCs received N10.924 billion.

    “From the N402.714 billion Exchange Difference revenue, the communiqué said that the Federal Government received N188.090 billion, and the state governments received N95.402 billion.

    It said that the LGCs received N73.551 billion, while the sum of N45.671 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    It said that in Dec. 2024, VAT and EMTL increased significantly while Oil and Gas royalty, CET levies, excise duty, import duty, petroleum profit tax and companies income tax decreased considerably.

  • How FG, States, LGs shared N1.411trn October FAAC allocation

    How FG, States, LGs shared N1.411trn October FAAC allocation

    The Federation Accounts Allocation Committee (FAAC) has shared N1.411 trillion among the Federal Government, States and  Local Government Councils (LGCs) for October.

    This is according to a communiqué from FAAC made available by Mr Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation on Wednesday in Abuja.

    The communiqué said that the revenue was shared at the November meeting of FAAC held in Bauchi State and chaired by the Accountant-General of the Federation, Oluwatoyin Madein.

    The FAAC meeting was held after the 2024 National Council on Finance and Economic Development (NACOFED) hosted by the Bauchi State Government.

    According to the communiqué, the N1.411 trillion total revenue comprised statutory revenue of N206.319 billion, and Value Added Tax (VAT) revenue of N622.312 billion.

    It also comprised Electronic Money Transfer Levy (EMTL) revenue of N17.111 billion and Exchange Difference revenue of N566 billion.

    “A total gross revenue of N2.668 trillion was available in the month of October.

    “Total deduction for cost of collection was N97.517 billion while total transfers, interventions and refunds was N1.159 trillion,” it said.

    It said that gross statutory revenue of N1.336 trillion was received for the month of October.

    “This was higher than the sum of N1.043 trillion received in the month of September by N293.009 billion,” it said.

    It said that gross revenue of N668.291 billion was available from VAT, which was higher than the N583.675 billion available in the month of September 2024 by N84.616 billion.

    The communiqué said that from the N1.411 trillion total revenue, the Federal Government received the sum of N433.021 billion, and the state governments received N490.696 billion.

    It said the LGCs received N355.621 billion, and  N132.404 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue.

    On the N206.319 billion distributable statutory revenue, the communiqué said that the Federal Government received N77.562 billion and the state governments received N39.341 billion.

    “The LGCs received N30.330 billion, and the sum of N59.086 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue,” it said.

    It said that oil and gas royalty, excise duty, VAT, import duty, petroleum profit tax, and companies income tax increased significantly while EMTL and Common External Tariff (CET) levies decreased considerably.

  • Just in: Finally, Federal High court stops CBN from releasing allocation to Rivers govt

    Just in: Finally, Federal High court stops CBN from releasing allocation to Rivers govt

    A Federal High Court in Abuja has stopped the Central Bank of Nigeria, CBN, from further releasing monthly financial allocations to Rivers state government.

    The court held that the receipt and disbursement of monthly allocations since January this year by Governor Siminalayi Fubara was a constitutional aberration that must not be allowed to continue.

    Justice Joyce Abdulmalik, who issued the order on Wednesday, held that the presentation of the 2024 budget by Fubara before a 4-member Rivers House of Assembly was an affront to the Assembly.

    Specifically, the judge said that Fubara action in implementing unlawful budget smacked gross violations of the 1999 Constitution he swore to protect.

    The judge therefore restrained CBN, Accountant General of the Federation, Zenith Bank and Access Bank, from further allowing Fubara to access money from the Consolidated Revenue of the Federation Account.

    Details shortly…

  • FG, States, LGAs share N1.203trn August revenue

    FG, States, LGAs share N1.203trn August revenue

    The Federation Accounts Allocation Committee (FAAC) has shared N1.203 trillion revenue among the Federal Government, States and Local Government Councils (LGCs).

    According to a communique issued by FAAC after its meeting on Tuesday, the N1..203 trillion total distributable revenue comprised statutory revenue of N186.636 billion, and Value Added Tax (VAT) revenue of N533.895 billion.

    It also comprised Electronic Money Transfer Levy (EMTL) revenue of N15.017 billion and Exchange Difference revenue of N468.245 billion.

    The communiqué indicated that total revenue of N2.278 trillion was available in August. It said that total deduction for cost of collection was N81.975 billion, while total transfers, interventions and refunds were N992.617 billion.

    According to the communiqué, gross statutory revenue of N1.221 trillion was received for the month of August.

    ”This was lower than the sum of N1.387 trillion received in July by N165.994 billion. Gross revenue of N573.341 billion was available from VAT in August. This was lower than the N625.329 billion available in the month of July 2024 by N51.988 billion,” it said.

    The communiqué said that from the N1.203 trillion total distributable revenue, the Federal Government received the sum of N374.925 billion and the state governments received total sum of N422.861 billion.

    “The LGCs received a total sum of N306.533 billion, and a total sum of N99.474 billion (13 per cent of mineral revenue) was shared to the benefiting states as derivation revenue,” it said.

    According to the communique, from the N533.895 billion VAT revenue, the Federal Government received N80.084 billion, the State Governments received N266.948 billion and the LGCs received N186.863 billion

    It said that a total sum of N2.252 billion was received by the Federal Government from the N15.017 billion EMTL. The state governments received N7.509 billion and the LGCs received N5.256 billion.

    It said that Oil and Gas Royalty, Petroleum Profit Tax (PPT), VAT, Import and Excise Duties, EMTL, CET Levies and Companies Income Tax (CIT) all recorded decreases It said that the balance in the Excess Crude Account (ECA) was 473,754.57 dollars.