Tag: Revenue Allocation

How Nigeria’s Federal Government, States, LGAs shared N7.8tr in 2019

A new report by the Economic Confidential has disclosed that the Federal Government, 36 states and the 774 local government councils in Nigeria shared a total sum of N7.8 trillion from the Federation Account in 2019. While the Federal Government and its agencies received a total sum of N3.3 trillion,[Read More…]

36 States Shared N143.6 billion From the Federation Account In September

The 36 states got N143.6 billion from the federation account in September as their share of distributable revenue generated for the month. The breakdown shows in a report obtained by the News Agency of Nigeria (NAN) from a source at the office of the Accountant-General of the Federation in Abuja on Sunday. The[Read More…]

Amaechi Accuses FG Of Massive Corruption, Insists Nigeria Is Broke

River state Governor, Rotimi Amaechi has accused the federal government of massive corruption and diverting public funds for private use. Amaechi who is a former governor of the People’s Democratic Party (PDP) has been a thorn in the flesh of the PDP led government after he defected to the opposition All[Read More…]

Confab Wants Committee To Determine Percentage For Revenue Allocation

The plenary session of the National Conference drew to a close on Monday following completion of debate and adoption of resolutions arising from reports of 20 committees that considered critical issues arising from the convocation of the Conference. Conference Chairman and former Chief Justice of Nigeria, Justice Idris Kutigi, said[Read More…]