The Federation Account Allocation Committee (FAAC) disbursed the sum of N616.20bn to the three tiers of government in May 2019 from the revenue generated in April 2019.

The amount disbursed comprised of N518.92bn from the Statutory Account, N96.49bn from Valued Added Tax (VAT) and N797.11mln exchange gain differences.

Federal Government received a total of N253.92bn from the N616.20bn. States received a total of N168.06bn and Local Governments received N126.28bn. The sum of N46.35bn was shared among the oil-producing states as 13% derivation fund.

Revenue generating agencies such as Nigeria Customs Service (NCS), Federal Inland Revenue Service (FIRS) and Department of Petroleum Resources (DPR) received N5.38bn, N6.78bn and N3.12bn respectively as cost of revenue collections.

Further breakdown of revenue allocation distribution to the Federal Government of Nigeria (FGN) revealed that the sum of N199.58bn was disbursed to the FGN consolidated revenue account; N4.56bn shared as share of derivation and ecology; N2.28bn as stabilization fund; N7.65bn for the development of natural resources; and N5.44bn to the Federal Capital Territory (FCT) Abuja.

SOURCE: https://brandspurng.com/2019/07/10/local-governments-received-n126-28bn-from-faac-allocation-in-may-2019-nbs/

All cornered by the state govt

K

Joromi12:
All cornered by the state govt

Not anymore ooh..

F T C I dedicate this to my friends and family and everyone from Port Harcourt

Money to shared..money to waste.. another goof

Better put, Governors received extra N126.28bn from FAAC allocation In May 2019.

You mean Including Okigwe Local Government?

How the money get spent we will never know.

The stooges will still take it to the state governors.

Each local government will get an average of 163 million naira if state government no corner their money. That is good money to pay salary and do some road rehabilitation plus other projects in each local government.

unitysheart:
Each local government will get an average of 163 million naira if state government no corner their money. That is good money to pay salary and do some road rehabilitation plus other projects in each local government.

governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

774 LGA shared 126billion. So poor

Let me see Eti Osa LGA account...the government housing Mr. Ahmed Bola Tinubu

BlacSmit:
774 LGA shared 126billion. So poor

My brother, very poor but I think it's still better than the FG who received 253B.

utenwuson:
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

... so why are they complaining and suffering instead of organising and protesting? At the end of the day ... the sufferers will again vote in the oppressors.

The local govt concept is a noble one across the globe. But here they are completely irrelevant to the public. A radical approach would be to just scrap it and damn the consequences. Believe me nobody would miss them, plus we would be saving billions of cash.

chloride6:


Not anymore ooh..

it will somehow be shared to the govs,they are all loyal to their govs.

karma is about to enrich local govt

utenwuson:
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

Hmm... being a government worker automatically entitles you to a car ?.... Why not add house and yearly vacations to the Bahamas. You guys think you can isolate yourselves from the economy you help ruin every passing day. Continue dreaming.

utenwuson:
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

Hmm... being a government worker automatically entitles you to a car ?.... Why not add house and yearly vacations to the Bahamas. You guys think you can isolate yourselves from the economy you help ruin every passing day. Continue dreaming. Don't wake up and and think out progressive ideas on how to prosper your constitiency and thereby increase tax receipts.Lazy lots.

That's like 162m per LGA...not too bad

BlacSmit:
774 LGA shared 126billion. So poor

Reference:


Hmm... being a government worker automatically entitles you to a car ?.... Why not add house and yearly vacations to the Bahamas. You guys think you can isolate yourselves from the economy you help ruin every passing day. Continue dreaming. Don't wake up and and think out progressive ideas on how to prosper your constitiency and thereby increase tax receipts.Lazy lots.

I'm trying to tie your response to my submission but I'm not fixing it, are u sure the reply is for me? Are u OK? I stated that after working for the local Council for over 25 years, the staff can't even afford a car, u can go to state ministry or federal ministry, u will see the staffs who earn as same as local government staff driving cars, but for the percentage payment melted on local government staffs, they can't comfortably feed talk more of buying a car, so who is talking about being entitle to owning a car or holidays in the Bahamas here....

Originalsly:


... so why are they complaining and suffering instead of organising and protesting? At the end of the day ... the sufferers will again vote in the oppressors.

not all state though, state like kaduna, Niger, kebbi, awka ibom and even rivers don't tamper with local government allocations, one will even prefer to work for the local government than States in those mentioned state as local government salary on same grade level naturally is a bit higher than state and even federal ministries.... But most states governors in other state still control who is in charge of local government so thereby taking what belongs to them, Nigerian don't protest that much as police will use that opportunity to maim and shoot canisters

Another wasted fund

utenwuson:
governors are so mean to local government staffs, u can hardly see a staff in the local government own a car even after over 25 years of service, the only rich staff in local government are the cashier, treasurer, DLG and the chairman himself, the rest take as low as 5k as salary here in kogi.... It's very pathetic

Very wicked people.

HigherEd:
The local govt concept is a noble one across the globe. But here they are completely irrelevant to the public. A radical approach would be to just scrap it and damn the consequences. Believe me nobody would miss them, plus we would be saving billions of cash.

How about revamping it and making it more responsible abd acountable?