Tag: LGs
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FG, States, LGAs share N1.92tr in three months – NBS
The National Bureau of Statistics (NBS) has revealed that the Federation Account Allocation Committee (FAAC) has disbursed N1.92 trillion to three tiers of government in first quarter of 2019. This NBS figures are however Allocations by Federation Account Allocation Committee for the months preceding when they were shared. For instance, Allocation by Federation Account Allocation…
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Ekiti court refuses motion stopping Fayemi from dissolving LGs
An Ekiti State High Court on Friday refused to grant a motion seeking to restrain the Governor-elect, Dr. Kayode Fayemi, from dissolving the 16 local government councils. The application was filed by the state’s Association of Local Governments of Nigeria led by the Chairman of Ifelodun/Irepodun Local Government, Dapo Olagunju. In his ruling, Justice Abiodun…
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Respite for workers as FAAC releases N668bn to FG, states, LGs to pay salaries
The Federation Accounts and Allocation Committee (FAAC) reached a compromise to release N668.898 billion to the three tiers of government for the month of May, pending the resolution of issues raised by the state governors over remittances from the Nigerian National Petroleum Corporation (NNPC). The Federal Ministry of Finance on Friday, that, the move was…
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Edo Govt. moves to clear LGs salary arrears
The Edo Government on Wednesday said it had put modalities in place to clear the salary arrears owed by the immediate past Local Government administrations in the state. Mr Ebomhiana Musa, the Chief Press Secretary to the Deputy Governor Philip Shaibu, disclosed this in a statement in Benin. Musa said seven out of the 18…
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FAAC: FG, States, LGs settle differences with NNPC; share N626.8b for April
The federal government, states and local governments shared N626.8 billion for the month of April. Ahmed Idris, the Accountant-General of the Federation (AGF), said this on Thursday in Abuja, while briefing Journalists on the outcome of the Federal Account Allocation Committee (FAAC) meeting. Giving a breakdown of the revenue accrued in March, Mr Idris said…
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FAAC: FG, States, LGs share N609.95bn revenue in November
The Federation Account Allocation Committee (FAAC) distributed N609.95 billion to Federal, States and Local Governments as revenue generated in November. This is N77.25 billion more than what it shared in October, Ahmed Idris, the Accountant-General of the Federation said. Mr. Idris said that after the cost of collection deductions by FIRS, Customs and DPR, the…
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FG, States, LGs share N532.7bn in October
The Federal, States and Local Government in October shared N532.7 billion which shows a decline of N25.3 billion when compared to what they shared in September. The Permanent Secretary of the Ministry, Mahmoud Isa-Dutse, said this on Thursday in Abuja while briefing journalists on the outcome of the monthly Federal Account Allocation Committee, FAAC. Mr.…
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Full Analysis: FG, States, LGs share N462bn for May
A total of N462.359 billion has been distributed as Federal Allocation for the month of May 2017 to the Federal Government, State Governments and Local Government Councils. This is contained in a communiqué issued by the Technical sub-Committee of Federation Accounts Allocation Committee (FAAC) at the end of the meeting held Thursday in Abuja. The…
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Osun receives lowest allocation as FG, States, LGs share N1.4trn in first quarter
…as Akwa Ibom, Osun emerge highest and lowest recipients respectively The Federal Government, the 36 states and their local government areas have so far shared N1.4 trillion from the federation account, being revenue generated in the first quarter of 2017. A breakdown by Federation Account Allocation Committee (FAAC)on Sunday in Abuja, shows that key agencies…
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FG, States, LGs share N465bn for January 2017 – FAAC
The Federation Account Allocation Committee (FAAC) says it shared a total of N465.149 billion for the month of January among the Federal, States and Local Government Councils. According to a communique issued by the Technical sub-committee of FAAC, Gross statutory revenue received is N324.990 billion which is higher by N76.275 billion when compared with…