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Federal government Proposes More Allocations For LGs - Politics - Nairaland

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Federal government Proposes More Allocations For LGs by okefranci: 4:55pm On Nov 09, 2021
Local governments should get more allocation in the new revenue formula, the Federal Government has proposed.

The Federal Government also recommended a reduction in the vertical allocations to it and State Governments.

Secretary to the Government of the Federation (SGF) Mr. Boss Mustapha, stated these while representing the Federal Government at the town hall meeting in Abuja for the review of the vertical allocation to the Federal, State and Local Governments made this disclosure.

Represented by the Permanent Secretary Political and Economic Affairs in the Office of the SGF, Mr. Andrew Adejoh, the SGF said the Federal Government will take a 3.05 per cent reduction in the allocation from the Federation Account and 1.1 per cent reduction in the allocation to State Governments.
For the Local Governments, the Federal Government wants 3.13 per cent added to their monthly take-homes from the Federation Account.
According to the SGF: “As an interim and immediate measure, the Federal Government, is, therefore, proposing the following: Federal Government 50.65 per cent; State Government 25.62 per cent; Local Government 23.73 per cent and Derivation Allocation 13 per cent.”

The present vertical Revenue Allocation Formula is Federal Government 52.68%; State Governments 26.72%; Local Governments 20.60% and Derivation Formula 13%.

Re: Federal government Proposes More Allocations For LGs by okefranci: 5:01pm On Nov 09, 2021
The local government should get more allocation in order to embark on some project like repairing the local government road and the money should be paid directly to their account as well

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Re: Federal government Proposes More Allocations For LGs by InvestorRicky(m): 5:08pm On Nov 09, 2021
This can never work in states like Rivers where the LGA chairmen are stripped off their functions by the governor. In this states, the allocations are not remitted into the LGA's account but are left in the state treasury. Its embezzled & utilized in the state level with less than 30% getting to the LGAs & has over 20% of this 30% embezzled by the LGA chairmen.

In a society where nothing works, I can't imagine the importance of setting a body that checks how this things are done.

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