FG, States, LGs Share ₦‎1.123 Trillion In March - Politics

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FG, States, LGs Share ₦‎1.123 Trillion In March - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG, States, LGs Share ₦‎1.123 Trillion In March (8938 Views)

FG, States, LGs Share ₦547 Bilion As May Federation Allocation / FAAC: FG, States, LGs Share ₦606 Billion For April / FAAC: FG, States, Lgs Share N668.89b After Deadlock (2) (3) (4)

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FG, States, LGs Share ₦‎1.123 Trillion In March by ogododo: 8:08pm On Apr 19

The Federation Account Allocation Committee has disbursed a total of N1.123tn to the federal, state, and local governments for March 2024.

The allocation, derived from a gross total of N1.867tn, marks a critical distribution of funds aimed at supporting various government tiers.

States to get N5.5tn FAAC allocations in 2024
This was revealed in a statement signed by the Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, on Friday.

https://punchng.com/breaking-fg-states-lgs-share-n1-123tn-in-march/

6 Likes 1 Share

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by helinues: 8:12pm On Apr 19

Nigerians no go hold their state governors accountable, all blames are only shifted on FG even if there area transformer no dey work

69 Likes 8 Shares

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by saintopus(m): 8:13pm On Apr 19

Hold your governor and local government Chairman. They have enough money to spend and pay a living wage to waorkers

45 Likes 6 Shares

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by iwaeda: 8:16pm On Apr 19

ogododo:
The Federation Account Allocation Committee has disbursed a total of N1.123tn to the federal, state, and local governments for March 2024.

The allocation, derived from a gross total of N1.867tn, marks a critical distribution of funds aimed at supporting various government tiers.

States to get N5.5tn FAAC allocations in 2024
This was revealed in a statement signed by the Director of Information and Public Relations, Ministry of Finance, Mohammed Manga, on Friday.

Details later…

https://punchng.com/breaking-fg-states-lgs-share-n1-123tn-in-march/

Some of them will be thinking , how to outsmart Yeye Adoza. grin

2 Likes 1 Share

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by AqualinaXYZ: 8:16pm On Apr 19

80% of that money shared is from south south oil

The rest 20% is Igbos businesses revenue in Lagos

29 Likes 8 Shares

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by SoNature(m): 8:22pm On Apr 19

That's about $1 billion to maintain 36 states and FCT made up of over 220 million people. That's peanut! We can do better if these people can diversify the economy and help businesses in the country.

16 Likes 2 Shares

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by helinues: 8:24pm On Apr 19

AqualinaXYZ:
80% of that money shared is from south south oil

The rest 20% is Igbos businesses revenue in Lagos

33 Likes 4 Shares

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Oduduwapigs: 8:40pm On Apr 19

helinues:
Nigerians no go hold their state governors accountable, all blames are only shifted on FG even if there area transformer no dey work

Ahhhhhhhh

Find work

4 Likes 1 Share

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by PressMyButton: 8:49pm On Apr 19

Out of gross total allocation of 1.86trillion, that's almost 2trillion. But wailers are saying Government is paying subsidy.

47 Likes

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by happney65: 8:52pm On Apr 19

SoNature:
That's about $1 billion to maintain 36 states and FCT made up of over 220 million people. That's peanut! We can do better if these people can diversity the economy and help businesses in the country.

Exactly

People think it is that huge a money. But No it isn't. Apart from few states like Lagos and Abuja. The rest will use it to pay salaries with little or nothing else remaining for critical infrastructure and the likes

The best is having true federalism with a percentage being sent to the federal government.

We need states that can stand on their own as they need the money most and not sharing Peanuts every now and then

P.S. I am not saying the Govornors too are not thieves,but most of them have their hands tied already

9 Likes

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by mustbewell: 9:46pm On Apr 19

Happy sharing

1 Like

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:47pm On Apr 19

Hmm

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Berthel: 9:47pm On Apr 19

Govt of sharing

1 Like

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by id4sho(m): 9:47pm On Apr 19

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by dibunotion(m): 9:48pm On Apr 19

And still not borrowing from CBN

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by ovie8200: 9:48pm On Apr 19

My DN money!

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:48pm On Apr 19

Oil dey your head grin

AqualinaXYZ:
80% of that money shared is from south south oil

The rest 20% is Igbos businesses revenue in Lagos

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by salbis(m): 9:49pm On Apr 19

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by atobs4real(m): 9:49pm On Apr 19

All political stake holders cashing out. Good luck. Nevertheless, do little for us as in development.

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by INTEGRITYA1(m): 9:50pm On Apr 19

Make the money circulate, I need to sell land and house to Nigerians home and abroad.

1 Like 1 Share

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by dododawa1: 9:50pm On Apr 19

Only

Bello Yalya

Stolen

80 billions

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Risingblue008(m): 9:50pm On Apr 19

Huhhhh

I never see my own share ooo
cry

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by LegendHero(m): 9:50pm On Apr 19

Even if they share 2 trillion to these governors, they still won’t get things done in their states.

8 Likes 1 Share

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by tollyboy5(m): 9:51pm On Apr 19

AqualinaXYZ:
80% of that money shared is from south south oil

The rest 20% is Igbos businesses revenue in Lagos

Don't hold your south south governors accountable.
Just dey there dey hate Lagos wey your state no fit reach.

13 Likes 2 Shares

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:51pm On Apr 19

Pele ooo...Nairaland Spokeman for the Governors

happney65:

Exactly

People think it is that huge a money. But No it isn't. Apart from few states like Lagos and Abuja. The rest will use it to pay salaries with little or nothing else remaining for critical infrastructure and the likes

The best is having true federalism with a percentage being sent to the federal government.

We need states that can stand on their own as they need the money most and not sharing Peanuts every now and then

P.S. I am not saying the Govornors too are not thieves,but most of them have their hands tied already

3 Likes

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Judolisco(m): 9:52pm On Apr 19

D money no dey reach us oh.... E be like say na band f my estate dey oh.... We no dey see light like before again oh..... Fuel don cost, food Don cost... Small nepa light wey we dey get before for dis terrible Abuja heat we no dey see am again..... angry

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:52pm On Apr 19

Naa governors increase pump price?

helinues:
Nigerians no go hold their state governors accountable, all blames are only shifted on FG even if there area transformer no dey work

3 Likes

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Jokerman(m): 9:53pm On Apr 19

Sharing trillions... Yet no light ...

1 Like

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:53pm On Apr 19

Join APC....he go reach you

Judolisco:
D money no dey reach us oh

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Sonnobax15(m): 9:54pm On Apr 19

helinues:
Nigerians no go hold their state governors accountable, all blames are only shifted on FG even if there area transformer no dey work

. I keep saying it,that until we start beating our state governors and LGAs chairmen,we won't get any change.....I only pity people who keep on blaming the FG and the same emancipating their governors as saints...

9 Likes 1 Share

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:54pm On Apr 19

hmmm

Jokerman:
Sharing trillions... Yet no light ...

1 Like

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