FG, States, Lgas Share N741.8bn For Sept - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › FG, States, Lgas Share N741.8bn For Sept (8720 Views)
| FG, States, Lgas Share N741.8bn For Sept by mrakeli62(op): 3:23am On Sep 27, 2018 |
A total of N741.843 billion has been shared as Federal Allocation for the month of September, 2018 between the federal, states and local government areas of the country. The figure is a cumulation of the revenue generated within the previous month of August. In a communiqué issued by the Federal Account Allocation Committee at the end of the meeting yesterday indicated that the Gross statutory revenue of N627.139 billion received for the month was higher than the N609.975billion received in the previous month by N17.164 billion. Crude oil export sales volume was 4.57 barrels resulting in an increased revenue from Federation Crude Oil Experts sales by 0.82 million barrels when compared with the previous month’s sales volume of 3.74 million barrels. Import Duty and Value Added Tax (VAT) recorded marginal increases. “The distributable Statutory Revenue for the month is N627.139 billion. The total revenue distributable for the current month is (including VAT and exchange gain) is N741.843 billion,” permanent secretary in the federal ministry of finance, Mahmoud Isa-Dutse who addressed journalists after the meeting said. Below is the breakdown of the net distribution. Federal Government received N274billion representing 52.68 per cent; States received N139.427 billion representing 26.72 per cent; Local Government Councils received N107.493 billion representing 20.60 per cent; while the Oil Producing States received N53.034 billion also representing 13 per cent derivation revenue. Furthermore, from the Revenue available from the Value Added Tax (VAT), Federal Government received N16.494 representing 15 per cent; States received N54.981 billion representing 50 per cent while the Local Government Councils received N38.486 billion also representing 35 per cent. N40 billion was transferred into the Excess Crude Account (ECA), adding that the balance in the ECA account was 2.46 billion dollars. Commenting on the allegation, that the Federal Government had recalled the second tranche of the Paris Club Refund from Delta, Imo, Benue, Rivers and Osun state, he said that the issue was not raised by the committee members. Meanwhile, the Accountant-General of the Federation, Mr Ahmed Idris assured Civil Servants that their salaries would be paid on time, in spite of the threat by the Nigeria Labour Congress to go on strike. The industrial strike is in furtherance of the implementation of the new National https://www.akelicious.net/2018/09/fg-states-lgas-share-n7418bn-for-sept.html
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| Re: FG, States, Lgas Share N741.8bn For Sept by Sultty(m): 5:20am On Sep 27, 2018 |
I'll say this amount is modest. The executhiefs really know how to pamper themselves when it's time of disbursing funds ![]() |
| Re: FG, States, Lgas Share N741.8bn For Sept by princealbashir: 5:21am On Sep 27, 2018 |
So much money.... No meaningful development anywhere. Both the FG and State Govs have failed.... Nigeria matter tire person. |
| Re: FG, States, Lgas Share N741.8bn For Sept by MANNABBQGRILLS: 5:21am On Sep 27, 2018 |
Hoping they all utilise it well in their various areas..... GOD BLESS NIGERIA. |
| Re: FG, States, Lgas Share N741.8bn For Sept by Nltaliban(m): 5:21am On Sep 27, 2018*. Modified: 6:22am On Sep 27, 2018 |
Tundeobama:Islam has never been a religion of peace. They're the opposite of everything that has an atom of peace |
| Re: FG, States, Lgas Share N741.8bn For Sept by TOYOON: 5:23am On Sep 27, 2018*. Modified: 12:39am On Jul 12, 2021 |
The governors |
| Re: FG, States, Lgas Share N741.8bn For Sept by joeyswift(m): 5:24am On Sep 27, 2018 |
And yet some states will not pay salaries. I may not agree with everything Buhari does,but from a humane point of view,i quote Buhari when he asked the governors"how do you sleep at night when you don't pay salaries " |
| Re: FG, States, Lgas Share N741.8bn For Sept by manutdrichie(m): 5:25am On Sep 27, 2018 |
look at how our niger delta money is been shared to all these parasites from the north and the west |
| Re: FG, States, Lgas Share N741.8bn For Sept by DrTims(m): 5:28am On Sep 27, 2018 |
Some of these Governors are very wicked.... Pay salaries they will not ![]() |
| Re: FG, States, Lgas Share N741.8bn For Sept by SmartMugu: 5:32am On Sep 27, 2018 |
No wonder everybody is about to get into politics. On our street alone, six people already have their presidential banners and posters, not to talk of the next street. Though none of them is able to afford the form yet nor has identified the polical party with the cheapest form, I pray for them though. Its poverty that will make anyone not realize these people are sharing billions amongst themselves. |
| Re: FG, States, Lgas Share N741.8bn For Sept by Lanre4uonly(m): 5:35am On Sep 27, 2018 |
Despite the huge amount of money shared monthly, the welfare of the masses is of no importance to some states. Anyway, may God bless us. |
| Re: FG, States, Lgas Share N741.8bn For Sept by miqos02(m): 5:36am On Sep 27, 2018 |
Good |
| Re: FG, States, Lgas Share N741.8bn For Sept by Tundeobama(m): 5:37am On Sep 27, 2018 |
manutdrichie:God punish you ondo is an oil producing state,tax fedral govt generate in lagos ogun and oyo is less to what we receive.parasite state of yours like enugu and Ebonyi what are they contributing ![]() |
| Re: FG, States, Lgas Share N741.8bn For Sept by manutdrichie(m): 5:43am On Sep 27, 2018 |
Tundeobama:i like the way you dodge and refuse to mention osun and ekiti |
| Re: FG, States, Lgas Share N741.8bn For Sept by SmartMugu: 5:48am On Sep 27, 2018 |
Lanre4uonly:These people don't care about the masses. Isn't it someone we just read about that got another man arrested because she didn't know about some 2b he received on her behalf from some random people that need a favor from the wife of the... Who knows about how much she has received in the past on same grounds? When was the last time the masses received a dime from all these people? Let's just do the right thing in 2019 - fresh minds are needed to replace these ones. |
| Re: FG, States, Lgas Share N741.8bn For Sept by Nobody: 5:49am On Sep 27, 2018 |
How can the FG receive more than 50% of the total distributed? And States are collecting 26% ... This country is a joke walahi... ![]() Too much power at the center. |
| Re: FG, States, Lgas Share N741.8bn For Sept by Amberon1: 5:54am On Sep 27, 2018 |
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| Re: FG, States, Lgas Share N741.8bn For Sept by dadebayo1(m): 5:56am On Sep 27, 2018 |
Some governors will still not pay salary... Or pay modulated salary ![]() |
| Re: FG, States, Lgas Share N741.8bn For Sept by blackpanda: 6:01am On Sep 27, 2018 |
wordsbase:Even the ones that they gave the state what did they use it to do ![]() Is it not still d sane fg that goes to bail them out after they flush their own share into private pockets ![]() |
| Re: FG, States, Lgas Share N741.8bn For Sept by Nobody: 6:12am On Sep 27, 2018 |
Yeye bello will not pay salary. APC has lost Kogi state. Exceot thru rigging. Yeye bello is there undoing |
| Re: FG, States, Lgas Share N741.8bn For Sept by lonelydora: 6:13am On Sep 27, 2018 |
Why can't some governors pay salaries? |
| Re: FG, States, Lgas Share N741.8bn For Sept by ozo13(m): 6:24am On Sep 27, 2018*. Modified: 6:40am On Sep 27, 2018 |
Too much money.alert so suppose enter before Saturday be that. Honestly I don't like this idea of relying on govt money all the time. I need someone to guide me on how to start a business.thanking the person in anticipation |
| Re: FG, States, Lgas Share N741.8bn For Sept by ozo13(m): 6:26am On Sep 27, 2018 |
stemmez:I doubt if APC will gv him the ticket o unless they freely want to lose kogi state to PDP unless they want to rig the election. Forget even d under performance of yahaya bello the kind of tribal/religious politics we play in this our country is something else.even if he had performed well he is still likely to lose cos kogi state is a multi tribal/ethnic state and the major tribe will never support Bello's tribe when it comes to election. If APC gv Bello an Ebira man the ticket , expect PDP to give theirs to an Igala man. WC ever way sha its going to be difficult for APC. They need to sacrifice Bello and chose an Igala man if they don't want to loose the state to PDP. |
| Re: FG, States, Lgas Share N741.8bn For Sept by bayelsaowei(m): 6:26am On Sep 27, 2018 |
manutdrichie:shey u don see am finish.. such a disgusting sharing practice.. nonsense |
| Re: FG, States, Lgas Share N741.8bn For Sept by tribalistseun: 6:35am On Sep 27, 2018 |
This evil government is always sharing hundreds of billions every month and still can't pay salary for up to 2 years. Obviously, states are not building roads or hospital, so where are they hiding all the monthly billions?
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| Re: FG, States, Lgas Share N741.8bn For Sept by mu2sa2: 6:48am On Sep 27, 2018 |
Tundeobama:Game of wits and wuruwuru getting messier. Redeemers una well done! |
| Re: FG, States, Lgas Share N741.8bn For Sept by adeolu21: 6:53am On Sep 27, 2018 |
Tundeobama:My dear brother,this is a fallacy. Politicians have been using either religion or ethnic to gain sympathy votes to themselves. Dnt let anyone brainwash you. If you are part of the ppl that want to cast their votes today,just go there and vote for d candidate u believe he will move ur state forward. |
| Re: FG, States, Lgas Share N741.8bn For Sept by omoelerin1: 6:55am On Sep 27, 2018 |
manutdrichie:The portion that has been shared to you in niger delta, how are you spending it? The monthly allocation that goes to Niger delta states is greater than annual budgets of many west African countries. According to former minister of finance, Ngozi Okonjo Iweala. Yet nothing to show for it. Niger delta region is not better than the rest of the federation. I remember the word of Jesus, 'You were not faithful in little, you can't be faithful in many'. That means if the whole oil revenue that goes to FG is given to Niger delta, your lot can't benefit from it na ni. You 'd better hold your leaders in Niger delta responsible. Those people are your number one enemy, not the north or west. |
| Re: FG, States, Lgas Share N741.8bn For Sept by adeolu21: 7:03am On Sep 27, 2018 |
Nltaliban:President Buhari was right that some Nigerian youths are lazy intellectually. You are one of them. |
| Re: FG, States, Lgas Share N741.8bn For Sept by omoelerin1: 7:06am On Sep 27, 2018 |
adeolu21:Na one jobless person who is probably a Christian or a sympathizer of Pdp sat down and put this one down. And some gullible will fall for this thrash. mtcheeeew. |
| Re: FG, States, Lgas Share N741.8bn For Sept by Tenn88: 7:07am On Sep 27, 2018 |
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