Tag: Revenue Allocation

FG, States, Local Councils Share N990.189b For Dec 2022  
January 18, 2023 No Responses

FG, States, Local Councils Share N990.189b For Dec 2022  

The Federation Account Allocation Committee (FAAC) has shared N990.189 billion to the three tiers of government for the month of December 2022.   This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/Press), Ministry of Finance, Budget...
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Lagos Advocates 42% Revenue Allocation To States
October 5, 2021 No Responses

Lagos Advocates 42% Revenue Allocation To States

Lagos State Governor, Babajide Sanwo-Olu on Monday advocated an upward review to 42 percent the revenue accruing to states from the Federation Account. Sanwo-Olu said that an upward review to 42 percent would enable the states to cater for their...
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FG, States, LGs Share N760.7b For July
August 21, 2021 No Responses

FG, States, LGs Share N760.7b For July

The Federation Accounts Allocation Committee (FAAC) has shared N760.717 billion as federation allocation for the month of July.  This is contained in a statement by Mr Oshundun Olajide, Deputy Director (Information), Ministry of Finance, Budget and N...
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Kano Seeks Review Of Revenue Allocation Formula
October 3, 2020 No Responses

Kano Seeks Review Of Revenue Allocation Formula

The Kano State Government has called on the Federal Government to increase the revenue allocation formula for Local Governments. The State Commissioner for Local Government, Alhaji Murtala Garo, made the call on Friday in Kano during a ‎ sensitizat...
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