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Tag: Allocation
FG, states, LGs share N558bn for September
The Federation Account Allocation Committee (FAAC) has shared N558 billion to the three tiers of government being revenue for the month of September 2017. Minister of Finance, Kemi Adeosun, said…
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FG, states, LGs share N637.7bn in September
The Accountant-General of the Federation, Ahmed Idris, at the end of the monthly Federal Accounts Allocation Committee (FAAC) meeting on Thursday in Abuja, said that the Federal Government, state and…
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Fed Govt, states, local govts share N467.8b for March
The Federation Accounts Allocation Committee (FAAC) on Tuesday shared N467.807 billion among the three tiers of government for March. The Accountant-General of the Federation (AGF), Ahmed Idris said the revenue…
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Magu to defend EFCC’s N17.2bn allocation on Tuesday
Embattled acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu will appear before the Senate on Tuesday to defend the agency's budget. Magu's appointment had been declined…
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Why the police struggle to curb crimes – IGP
The Inspector General of Police, Ibrahim Idris has said only N4bn out of the budgeted N16.1bn was released to the police for capital project in 2016. He said this on…
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2017 budget: Buhari has clearly shown his hatred for education – ASUU
The Chairman of the Academic Staff Union of Universities (ASUU) University of Lagos chapter, Dr Laja Odukoya has said President Muhammadu Buhari showed his hatred for education in the 2017…
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‘States won’t get N90bn loan if Federal Allocation exceeds N500bn’
The Federal Government will cease disbursing the N90 billion conditional loan to state governments any month the allocation from the federation account goes above N500 billion. According to the Special Adviser…
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Monthly allocation: Lagos received N178bn while Ekiti got N50bn in one year (Full List)
In the last one year, the thirty-six states and 774 local government councils in Nigeria shared N2.8 trillion from the federation account. The two tiers of government received the payment…
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What Governor Amosun is selling – no one is buying
The Ogun State Governor, Ibikunle Amosun, on Sunday, disclosed that he was unable to secure jobs for his relations in a recruitment exercise in the state because his relations were…
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Oh, Fayose: ‘Even my government house doesn’t have fuel for generator’
Ekiti State Governor, Ayodele Fayose will not leave the news, he has apparently sworn. Today, he pleaded with the people of the state to show understanding for his inability to…
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Federal Allocation to Osun state can’t even pay electricity bills [DETAILS]
Osun state might just be facing its hardest financial month ever with the total Federal Allocation accrued to the state just a tad above N6 million. According to the document…
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Here we go again: ASUU yet to receive promised allocation, says Fagge
by 'Jola Sotubo Despite the 6-month strike that was embarked upon for just that purpose, the N220 billion allocation promised to the Academic Staff Union of Universities (ASUU) by the…
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Reno Omokri: Choose this day who you would rather believe
by Reno Omokri On a preponderance of evidence, it is clear that Nigeria's economy is healthy. This does not mean that our economy is perfect. This does not mean that…
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Simon Kolawole: A federalism ruined by allocations
by Simon Kolawole Now, how can states become more economically stable and viable? There are two avenues I can think of straightaway. One, solid minerals. The laws are currently skewed…
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Demola Rewaju: It’s time for ASUU to call off this strike
by Demola Rewaju Dr. Goodluck Jonathan as Nigeria’s first graduate president broke with tradition in his first budgetary allocation where education enjoyed a significant 26% of the national cake, higher…
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Opinion: Nigeria’s war against the poor
by Ochereome Nnanna The deportation saga was a statement that the mega-city project of the Lagos State Government has no place for the poor and destitute. The Lagos deportation saga…
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Opinion: Constitution review and the challenge of nation-building – The path not taken
by Taye Gaskia If the reason for demand for new states is genuinely about development and improving the lives of citizens; and not about creating a treasury pool that can…
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Debo Adejugbe: Nigeria’s politics of revenue sharing (Y! Politico)
by Debo Adejugbe How is the present revenue accrued to the various federating units deployed? Has it, in all honesty, led to a better standard of living for the populace?…
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Rotimi, you lie: Governor Dickson lashes out at Governor Amaechi on N17bn oil payment
by Rachel Ogbu Governor Dickson The clash between Bayelsa and Rivers State reached new heights on Tuesday. The Bayelsa State Governor Seriake Dickson accused his Rivers State counterpart, Rotimi Amaechi, of lying about the…
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