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

Nairaland ForumNairaland GeneralPoliticsFG, States, LGs Share ₦‎1.123 Trillion In March (9636 Views)

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FG, States, LGs Share ₦‎1.123 Trillion In March by ogododo(op): 8:08pm On Apr 19, 2024
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/

Re: FG, States, LGs Share ₦‎1.123 Trillion In March by helinues: 8:12pm On Apr 19, 2024
Nigerians no go hold their state governors accountable, all blames are only shifted on FG even if there area transformer no dey work
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by saintopus(m): 8:13pm On Apr 19, 2024
Hold your governor and local government Chairman. They have enough money to spend and pay a living wage to waorkers
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by iwaeda: 8:16pm On Apr 19, 2024
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 grin grin grin
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by AqualinaXYZ: 8:16pm On Apr 19, 2024
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 SoNature(m):
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.
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by helinues: 8:24pm On Apr 19, 2024
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 OduduwaFan: 8:40pm On Apr 19, 2024
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
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by PressMyButton: 8:49pm On Apr 19, 2024
Out of gross total allocation of 1.86trillion, that's almost 2trillion. But wailers are saying Government is paying subsidy.
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by happney65: 8:52pm On Apr 19, 2024
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
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by mustbewell: 9:46pm On Apr 19, 2024
Happy sharing
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:47pm On Apr 19, 2024
Hmm
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Berthel: 9:47pm On Apr 19, 2024
Govt of sharing
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by id4sho(m): 9:47pm On Apr 19, 2024
tongue
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by dibunotion(m): 9:48pm On Apr 19, 2024
And still not borrowing from CBN
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by ovie8200: 9:48pm On Apr 19, 2024
My DN money!
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:48pm On Apr 19, 2024
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, 2024
Kk
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by atobs4real(m): 9:49pm On Apr 19, 2024
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, 2024
Make the money circulate, I need to sell land and house to Nigerians home and abroad.
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by dododawa1: 9:50pm On Apr 19, 2024
Only

Bello Yalya

Stolen


80 billions
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Risingblue008(m): 9:50pm On Apr 19, 2024
Huhhhh

I never see my own share ooo
cry cry cry
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by LegendHero(m): 9:50pm On Apr 19, 2024
Even if they share 2 trillion to these governors, they still won’t get things done in their states.
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by tollyboy5(m): 9:51pm On Apr 19, 2024
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.
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:51pm On Apr 19, 2024
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
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Judolisco(m): 9:52pm On Apr 19, 2024
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, 2024
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
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by Jokerman(m): 9:53pm On Apr 19, 2024
Sharing trillions... Yet no light ...
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:53pm On Apr 19, 2024
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, 2024
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...
Re: FG, States, LGs Share ₦‎1.123 Trillion In March by jiz: 9:54pm On Apr 19, 2024
hmmm
Jokerman:
Sharing trillions... Yet no light ...
1 2 3 Reply

FG, States, LGs Share ₦733.09 Billion For JuneFG, States, LGs Share ₦547 Bilion As May Federation AllocationFAAC: FG, States, LGs Share ₦606 Billion For April234

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