NewStats: 3,261,939 , 8,175,603 topics. Date: Saturday, 31 May 2025 at 07:20 AM 722t54

The Federation 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 ing 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/

Nigerians no go hold their state governors able, all blames are only shifted on FG even if there area transformer no dey work

Hold your governor and local government Chairman. They have enough money to spend and pay a living wage to waorkers

ogododo:
The Federation 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 ing 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.

80% of that money shared is from south south oil





The rest 20% is Igbos businesses revenue in Lagos

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.

AqualinaXYZ:
80% of that money shared is from south south oil





The rest 20% is Igbos businesses revenue in Lagos

helinues:
Nigerians no go hold their state governors able, all blames are only shifted on FG even if there area transformer no dey work

Ahhhhhhhh

Find work

Out of gross total allocation of 1.86trillion, that's almost 2trillion. But wailers are saying Government is paying subsidy.

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

Happy sharing

Hmm

Govt of sharing

And still not borrowing from CBN

My DN money!

Oil dey your head

AqualinaXYZ:
80% of that money shared is from south south oil





The rest 20% is Igbos businesses revenue in Lagos

Kk

All political stake holders cashing out. Good luck. Nevertheless, do little for us as in development.

Make the money circulate, I need to sell land and house to Nigerians home and abroad.

Only

Bello Yalya

Stolen


80 billions

Huhhhh

I never see my own share ooo

Even if they share 2 trillion to these governors, they still won’t get things done in their states.

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 able.
Just dey there dey hate Lagos wey your state no fit reach.

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

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.....

Naa governors increase pump price?

helinues:
Nigerians no go hold their state governors able, all blames are only shifted on FG even if there area transformer no dey work

Sharing trillions... Yet no light ...

APC....he go reach you

Judolisco:
D money no dey reach us oh

helinues:
Nigerians no go hold their state governors able, 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...

hmmm

Jokerman:
Sharing trillions... Yet no light ...