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Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS (7224 Views)

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Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Ravon: 8:27am On Jul 10
The Federation Account Allocation Committee (FAAC) disbursed the sum of N616.20bn to the three tiers of government in May 2019 from the revenue generated in April 2019.

The amount disbursed comprised of N518.92bn from the Statutory Account, N96.49bn from Valued Added Tax (VAT) and N797.11mln exchange gain differences.

Federal Government received a total of N253.92bn from the N616.20bn. States received a total of N168.06bn and Local Governments received N126.28bn. The sum of N46.35bn was shared among the oil-producing states as 13% derivation fund.

Revenue generating agencies such as Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS) and Department of Petroleum Resources (DPR) received N5.38bn, N6.78bn and N3.12bn respectively as cost of revenue collections.

Further breakdown of revenue allocation distribution to the Federal Government of Nigeria (FGN) revealed that the sum of N199.58bn was disbursed to the FGN consolidated revenue account; N4.56bn shared as share of derivation and ecology; N2.28bn as stabilization fund; N7.65bn for the development of natural resources; and N5.44bn to the Federal Capital Territory (FCT) Abuja.

SOURCE: https://brandspurng.com/2019/07/10/local-governments-received-n126-28bn-from-faac-allocation-in-may-2019-nbs/

Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Erolow(f): 8:50am On Jul 10
shocked
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Nobody: 8:50am On Jul 10
All cornered by the state govt

1 Like

Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by tolulope1990(m): 8:50am On Jul 10
K
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by chloride6: 8:51am On Jul 10
Joromi12:
All cornered by the state govt

Not anymore ooh..

3 Likes

Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by PedroEastman: 8:51am On Jul 10
F T C I dedicate this to my friends and family and everyone from Port Harcourt
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Jabioro: 8:51am On Jul 10
Money to shared..money to waste.. another goof
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Pavore9: 8:52am On Jul 10
Better put, Governors received extra N126.28bn from FAAC allocation In May 2019.

3 Likes

Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by SuperBlack: 8:53am On Jul 10
You mean Including Okigwe Local Government?

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Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by RDPMAN: 8:54am On Jul 10
How the money get spent we will never know.

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Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by aishapmbtoto: 8:55am On Jul 10
The stooges will still take it to the state governors.

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Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by modsfucker: 8:55am On Jul 10
Governors have alrrady devised a means of retrieving the money from them in the name of paying inflated Local Government workers' salaries.
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by unitysheart(m): 8:57am On Jul 10
Each local government will get an average of 163 million naira if state government no corner their money. That is good money to pay salary and do some road rehabilitation plus other projects in each local government.

1 Like

Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by utenwuson: 9:05am On Jul 10
unitysheart:
Each local government will get an average of 163 million naira if state government no corner their money. That is good money to pay salary and do some road rehabilitation plus other projects in each local government.
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

1 Like

Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by BlacSmit: 9:16am On Jul 10
774 LGA shared 126billion. So poor
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Amuocha: 9:26am On Jul 10
Let me see Eti Osa LGA account...the government housing Mr. Ahmed Bola Tinubu undecided
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by frankson1(m): 9:26am On Jul 10
BlacSmit:
774 LGA shared 126billion. So poor


My brother, very poor but I think it's still better than the FG who received 253B.
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Originalsly: 9:31am On Jul 10
utenwuson:
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

... so why are they complaining and suffering instead of organising and protesting? At the end of the day ... the sufferers will again vote in the oppressors.
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by HigherEd: 9:32am On Jul 10
The local govt concept is a noble one across the globe. But here they are completely irrelevant to the public. A radical approach would be to just scrap it and damn the consequences. Believe me nobody would miss them, plus we would be saving billions of cash.
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Bizibi(m): 9:33am On Jul 10
chloride6:


Not anymore ooh..

it will somehow be shared to the govs,they are all loyal to their govs.
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by karma2000: 9:46am On Jul 10
karma is about to enrich local govt
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Reference(m): 9:46am On Jul 10
utenwuson:
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

Hmm... being a government worker automatically entitles you to a car ?.... Why not add house and yearly vacations to the Bahamas. You guys think you can isolate yourselves from the economy you help ruin every passing day. Continue dreaming.
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Reference(m): 9:49am On Jul 10
utenwuson:
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

Hmm... being a government worker automatically entitles you to a car ?.... Why not add house and yearly vacations to the Bahamas. You guys think you can isolate yourselves from the economy you help ruin every passing day. Continue dreaming. Don't wake up and and think out progressive ideas on how to prosper your constitiency and thereby increase tax receipts.Lazy lots.
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by adexlink(m): 10:04am On Jul 10
That's like 162m per LGA...not too bad


BlacSmit:
774 LGA shared 126billion. So poor

3 Likes

Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by utenwuson: 10:27am On Jul 10
Reference:


Hmm... being a government worker automatically entitles you to a car ?.... Why not add house and yearly vacations to the Bahamas. You guys think you can isolate yourselves from the economy you help ruin every passing day. Continue dreaming. Don't wake up and and think out progressive ideas on how to prosper your constitiency and thereby increase tax receipts.Lazy lots.
I'm trying to tie your response to my submission but I'm not fixing it, are u sure the reply is for me? Are u OK? I stated that after working for the local Council for over 25 years, the staff can't even afford a car, u can go to state ministry or federal ministry, u will see the staffs who earn as same as local government staff driving cars, but for the percentage payment melted on local government staffs, they can't comfortably feed talk more of buying a car, so who is talking about being entitle to owning a car or holidays in the Bahamas here....
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by utenwuson: 10:33am On Jul 10
Originalsly:


... so why are they complaining and suffering instead of organising and protesting? At the end of the day ... the sufferers will again vote in the oppressors.
not all state though, state like kaduna, Niger, kebbi, awka ibom and even rivers don't tamper with local government allocations, one will even prefer to work for the local government than States in those mentioned state as local government salary on same grade level naturally is a bit higher than state and even federal ministries.... But most states governors in other state still control who is in charge of local government so thereby taking what belongs to them, Nigerian don't protest that much as police will use that opportunity to maim and shoot canisters

2 Likes

Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by Kingspin(m): 10:36am On Jul 10
Another wasted fund
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by unitysheart(m): 10:58am On Jul 10
utenwuson:
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

Very wicked people.
Re: Local Governments Received N126.28bn From FAAC Allocation In May 2019 – NBS by princfred(m): 12:21pm On Jul 10
HigherEd:
The local govt concept is a noble one across the globe. But here they are completely irrelevant to the public. A radical approach would be to just scrap it and damn the consequences. Believe me nobody would miss them, plus we would be saving billions of cash.
How about revamping it and making it more responsible abd acountable?

2 Likes

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