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Nairaland Forum / Nairaland / General / Politics / FG, States, LGs Share N1.13 Trillion December Revenue (5134 Views)
FAAC To Share N1.959 Trillion Revenue In July — Probably Highest Ever / Reps Raise 2022 Budget By ₦735 Billion To ₦17.13 Trillion / FAAC: FG, States, LGs Share ₦606 Billion For April (2) (3) (4)
FG, States, LGs Share N1.13 Trillion December Revenue by ogododo: 9:16pm On Jan 23 |
https://punchng.com/just-in-fg-states-lgs-share-n1-13trn-december-revenue/ 4 Likes
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Re: FG, States, LGs Share N1.13 Trillion December Revenue by Arobaga: 9:19pm On Jan 23 |
While their supporters share hunger Jonsing men 14 Likes 1 Share |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by Ogieh: 9:42pm On Jan 23 |
When do we begin to feel the impact of these monthly allocations given to States and Local Government in Nigeria 14 Likes |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by TimeManager(m): 9:47pm On Jan 23 |
Since subsidy was removed, FAAC has not been sharing no less than a trillion naira. Are you holding your Governors to account or you giving them the blank cheque to steal away your future while you misplace your focus entirely on Abuja. -kiss the truth! 31 Likes 1 Share |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by Chicagograduate(m): 10:16pm On Jan 23 |
What is the purpose of this sharing? 3 Likes |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by LegendHero(m): 10:46pm On Jan 23 |
Chicagograduate: Maybe they should stop sharing it for 2 month and let’s see the impact. When every economic activities is grounded in most states, you’ll understand the purpose. 11 Likes 1 Share |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by Jogs1900: 11:20pm On Jan 23 |
Go and hold your state governors and local government chairmen accountable now before they finish the money. 4 Likes 1 Share |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by RepoMan007: 1:45am On Jan 24 |
ogododo:N50bn and not N500bn more. Take note. BTW, where is this huge sum going into. The increase in FAAC allocation has been nothing short of impressive over that last 24-36 months to date but it seems the governors have a mechanism for suppressing extra cash inflow. The impact at state level is minimal yet no significant pay rise for workers. Seems only the FG is trying to spend the cash to stimulate the economy. The states and LGs(if active) are just a little more than political clusters of looting units. 10 Likes |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by aariwa(m): 1:56am On Jan 24 |
We have to stop this sharing formula if we want to grow as a nation. Let us move from consumption to production- Peter Obi 4 Likes |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by DMerciful(m): 2:49am On Jan 24 |
What is the value of these monies? Divide it by 6, thats the actual money they're sharing versus 2015 and divide by 3, thats the actually money they're sharing versus 2023 May 29. Tinubu made the naira useless so that if I send $100 cad, thats N100,000 vs N28,000 in 2019 and probably N16,000 in 2015. APC is a satanic party TimeManager: 6 Likes |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by DMerciful(m): 2:51am On Jan 24 |
They should stop sharing. Restructure the country and let every state fend for themselves. Each state can get a little from the fg based on the 30% contributed by the states to the common pulse. LegendHero: 1 Like |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by adesegun121(m): 6:25am On Jan 24 |
1.3trillion |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by crossfm: 6:25am On Jan 24 |
Hehehe. Alan Shearer . They keep on sharing,and we see no improvement. Most of the money is in politicians account as we speak . 1 Like 1 Share |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by INTEGRITYA1(m): 6:25am On Jan 24 |
Make dem sha channel the money appropriately. |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by DMerciful(m): 6:26am On Jan 24 |
If you factor in the fall of the naira since May 29, 2023, it's actually 1.13/3 which is N367 billion. Even the failure Bubu was sharing N700 billion. Do no be deceived, the naira is like tissue paper courtesy of Cardoso, the micro finance bank CEO brought in with patch patch CV to manage CBN! 7 Likes 1 Share |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by Dubetex96(m): 6:29am On Jan 24 |
I can't see the impact of these trillions on the lives of average Nigerians. Our oppressors are looting our national treasury in the name of sharing dividend of democracy to us. Druggie will be one of the worst president after Buhari. |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by martolux(m): 6:30am On Jan 24 |
All we want is good governance.... That's not too much to ask! |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by Gkay1(m): 6:30am On Jan 24 |
Hmmmm |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by mrvitalis(m): 6:31am On Jan 24 |
This is less than a billion dollars So on average Nigeria's federal government 36 state government and over 770 local governments share less than $12 billion Bro this is poor very poor it's practically sad The best way to grew revenue is by taxing your people, not only does this increase revenue, it kills Tribalism and corruption, things like vote buying won't happen if we have a good taxing system Imagine earning 300k a month and made to pay 150k as tax monthly, would you sit at home on election day? Would you vote bases on tribe or based on value for your 150k? Would you sit and watch a nobody snatch your ballot? Would you sit and watch an unpopular candidate rig themselves into power? Tax would unite Nigeria, kill tribalism n corruption 6 Likes |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by Bobloco: 6:33am On Jan 24 |
While Nigerians continue to wallow under the great Tinubulation that have befallen them |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by israelmao(m): 6:34am On Jan 24 |
We're yet to see the positive impacts of this huge allocations being shared among states. |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by PHAYOL81: 6:36am On Jan 24 |
@Op Ogododo, the difference between NOVEMBER N1.08trn revenue shared and that of DECEMBER (N1.13trn) ain't N500b but rather N50b. Use your calculator and make the necessary correction. DMerciful: WHAT'S the point of restructuring then when some states would still be funding the development of the LAZY ONES with that huge percentage given to the central for the purpose of sharing between states? ANYTHING other than 5% contribution during restructuring is BULLSH!T and the money would strictly be meant for the facilitation/funding of NATIONAL PROJECTS including but not limited to security, research, diplomatic endeavours, agriculture development and education upgrade amongst others, and not to be shared by the state. Each state and region develops mainly on what it generates. |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by ShobayoEmma(m): 6:37am On Jan 24 |
All the money the citizens have been spending on inflation, here is what the government is sharing. Yet they will not spend it on capital project but on useless pallative. Tinubu, a bad man with good intentions 1 Like 1 Share |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by tollyboy5(m): 6:48am On Jan 24 |
aariwa:Name one thing Peter obi is producing. You can't give out what you don't have 2 Likes |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by malali: 6:54am On Jan 24 |
[b]Good Job by Current Administration Please continue sharing the details of the Allocation: States hold your Governors responsible: Look at what other Governors are doing with state Allocations. Federal Government should also set up an organization that highlights Performing Governors by pointing out there achieved projects. This will make obvious governors that are busy looting the state dry before the end of their tenure. It will also decentralize the blame, The citizens can stop blaming the president for everything, they can start acting their Governors as well Same applies for Local Governments. If the citizens realize thats change starts at the grass root level, our democracy will mature faster and better......All this shout about Atiku and Obi or Tinubu will stop as people realize that no matter the president, if your Governor is a looter or misappropriating funds, there will never be development of the country as a whole. This is evident that the federal government is doing its part in appropriating funds in a timely fashion.[/b] 1 Like |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by HenryThegreat1(m): 7:25am On Jan 24 |
Share share and nothing, absolutely nothing to show for it. From states to federal. |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by gloryman91: 7:32am On Jan 24 |
Please pay Civil Servants salaries and November and December with January wages this week please. The suffering is over bearing. |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by DMerciful(m): 7:45am On Jan 24 |
Under the 1960 constitution, the regions kept 50%, 20% was to the fg and 30% was to a common pulse that was later shared among the regions. We should go back to that but teplace regions with states. We could make the common pulse 20% while states keep 60%, still ok. PHAYOL81: |
Re: FG, States, LGs Share N1.13 Trillion December Revenue by Oghene86: 7:48am On Jan 24 |
ogododo: Is Wike share also among? |
Is GEJ A Christian Or A Judaist??? / Dear APC: Abacha And Buhari Stole Up To $ 5 Billion From PTF / Sowore: One Hour Yoruba Protest, One Week Biafran Protest. NNAMDI Kanu
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