Tag: LGs

Subsidy removal: FG, states, LGs allocations hit N10.14tn

by Ikenna Ngere

March 20, 2024

The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by the three tiers of government ...

FAAC: Allocation drops as FG, states, LGs share N715bn

by Ikenna Ngere

April 20, 2023

The Federation Account Allocation Committee says it shared N714.63bn among the three tiers of government in March 2023. The figure represents a decrease of N8.05bn compared to the N722.68bn shared ...