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Nairaland Forum / Nairaland / General / Politics / FG, States, LGs Share ₦547 Bilion As May Federation Allocation (14985 Views)
FG, States, LGs Share ₦1.123 Trillion In March / FAAC: FG, States, LGs Share ₦606 Billion For April / FAAC: FG, States, Lgs Share N668.89b After Deadlock (2) (3) (4)
FG, States, LGs Share ₦547 Bilion As May Federation Allocation by valentineuwakwe(m): 11:24pm On Jun 17, 2020 |
The Federation Accounts Allocation Committee on Wednesday at its virtual meeting shared to the three tiers of government a total sum of N 547. 309bn as federation allocation for the month of May 2020. source: https://punchng.com/breaking-fg-states-lgs-share-n547bn-for-may/ 1 Share
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Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by andrewtosin(m): 11:27pm On Jun 17, 2020 |
This FAAC allocation is dropping gradually Do what is the motive behind this ftc sef 15 Likes 1 Share |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by DonMarkuzi(m): 11:28pm On Jun 17, 2020 |
Hold ur Govs accountable. 12 Likes 1 Share |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Poloyanabo2(m): 11:35pm On Jun 17, 2020 |
Apc scammed us! They promised nigerians restructuring but look what we've got.... Unless Nigeria is restructured, the cries of seccesion would only get louder by the day. 35 Likes 3 Shares |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by gambia(m): 11:47pm On Jun 17, 2020 |
Cash out mode for Governors, if you know you know. 13 Likes 1 Share |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Flyingngel(m): 11:57pm On Jun 17, 2020 |
All the 36 portfolio governors and their commissioners of finance has already finish sharing the money ; putting their eyes now on July own. Niaja!!!!!! 7 Likes 1 Share |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Slawormir: 11:58pm On Jun 17, 2020 |
Damnnnnn niggarrr Isoright 1 Like |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Earlystar698(m): 12:00am On Jun 18, 2020 |
That is good |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Chatflick(m): 12:04am On Jun 18, 2020 |
Beautiful! |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by slivertongue: 1:03am On Jun 18, 2020 |
yet not much is done to improve the living standard |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by safarigirI(f): 2:45am On Jun 18, 2020 |
andrewtosin: Mehn this is serious trouble looming. Last month witnessed a decline from 747 to 606 billion and now this. Gosh some governors will use this as an excuse to slash salaries of civil servants while some won't even pay at all. May God punish corona 3 Likes |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Nobody: 3:41am On Jun 18, 2020 |
Timbers |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Samade7: 4:43am On Jun 18, 2020 |
Good......pls where are dey sharing it? Is it for everybody? Their pot of soup don land again. |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by datopaper(m): 4:43am On Jun 18, 2020 |
Most of this money will make no difference. It will be same of this same. Nigerians needs more understanding to make our leaders in all facets accountable. Including the public service; civil service, military, para-military and others We will get there 1 Like |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by DuBLINGreenb(m): 4:45am On Jun 18, 2020 |
And yet 1 naira no go reach this my big mouth na thunder go faya all of Una 1 Like |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by DEHVEHLOP(m): 4:46am On Jun 18, 2020 |
Who knows a way to stone this finance minister? Honestly I get seriously enraged whenever I see her image.... Dumbest ever in the history of Nigeria 7 Likes |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by pol23: 4:46am On Jun 18, 2020 |
All this states does is just pay salary... No plan,no strategic investment to boost their IGR.... Even Lagos with the biggest IGR is just lucky due to the federal infrastructure when Lagos was the capital...Ever since 1999 no Government in Lagos state has done a major project... If Sanwolu can actually complete the monorail that will be the first major project since 1999...while the state has over N30 bn monthly IGR..it's a big slap on our face. ...Sadly those oil rich state should bow their heads in shame too... Comparing their monthly allocation With their size and population ,Oyo state shouldn't come close to any of them,but Sadly it's only Rivers that can stand with OYO...their governors will THIEF all the money and they will tell their indigenes its FG's Fault... FG is bad,but with the huge allocations those Niger Delta state has,they should be able to function and run excellently without extra help from FG.... Lastly all those stupid local goverment chairman should be hang with their balls... Alimosho LG in Lagos receives over N800,000,000.00 monthly and absolutely nothing to show for it... Eto-Osa receives over N450,000,000.00 and I haven't seen a single project by the local government in my over 5 years of living and working within this axis. If we actually tackle this stupid people at the root,our problem will be half solved... Last last.... Oyo state built the then tallest building in Africa (Cocoa house) with the proceeds from cocoa and other agricultural produce in 1965...Over 50 years ago... and now they can't even get N1 billion naira from Agriculture a month in 2020...The business that yielded so much money 50 years ago should almost be as big the Crude oil exports... I hope Seyi Makinde can revive that industry.... Crude oil in the Niger Delta region is the cause of our problem and it's a blessing with many CURSE... Then we also have the Northern states that are nothing but a burden... As poor as Zamfara state is,they allocated a billion naira for graveyard maintenance Sometimes last year..and I almost cry when I read the news...it's sad,it's sad,it's sad. 50 Likes 2 Shares |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by seankafor(m): 4:47am On Jun 18, 2020 |
Will imo state gorvernment use this opportunity and pay off workers salary? 2 Likes |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Samade7: 4:47am On Jun 18, 2020 |
DuBLINGreenb: Go contest for ur LG chairman if u want to be part of it. |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Cof1ex(m): 4:53am On Jun 18, 2020 |
FG please my gov Ikpeazu is in isolation centre, can i come forward and collect for my state? 13 Likes |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by gowonmaharajah(m): 5:04am On Jun 18, 2020 |
while the oil - producing states received N 37.021 bn as derivation ( 13 per cent of mineral revenue ) . I don't see any reasons why some SE states and Niger Delta shouldn't develop with all these monies. grab your governors' balls and make them accountable. stop pining all blames on Buhari. 9 Likes 2 Shares |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by jengbon: 5:07am On Jun 18, 2020 |
make una dey share dey go |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Nobody: 5:08am On Jun 18, 2020 |
IMF and AFDB loans shared 1 Like |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by cryptotech: 5:08am On Jun 18, 2020 |
ok |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by sapientia(m): 5:11am On Jun 18, 2020 |
So its remaining? Lets see where to get the loan to share in June. |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by georjay(m): 5:19am On Jun 18, 2020 |
wait FROM OIL PROCEEDS Oil producing states received N 37.021bn as derivation ( 13% of mineral revenue) However the cost of collection/Federal Inland revenue refund/Allocation to North East development commission was N 23.958bn. THEN FROM VAT Cost of collection/Federal Inland revenue/Allocation to North East development commission was N 7.271bn Does it mean that North East development commission received a total of 23.958 + 7.271 or 7.271 is part of the 23.958 On what grounds would the NEDC be getting this much What is their contribution (revenue wise) What are they rebuilding?? What is their benefit to this nation asides terrorism and religion extremism 9 Likes 3 Shares |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by CodeTemplar: 5:24am On Jun 18, 2020 |
Economy of sharing. Sharing everything as usual and still prospecting for oil but they sold us diversification hope in 2015. |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by Sammysolution: 5:25am On Jun 18, 2020 |
Allocation sharing that the masses are not feeling it's impact 1 Like 2 Shares |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by CodeTemplar: 5:27am On Jun 18, 2020 |
Kekereekun123:When they want to pollute peoples mind they say Nigeria is a very rich country but once in the system they start borrowing. 1 Like |
Re: FG, States, LGs Share ₦547 Bilion As May Federation Allocation by BrandAlliances: 5:30am On Jun 18, 2020 |
Here is the world. Beautiful and terrible things will happen. Don’t be afraid. 1 Like 1 Share |
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