The Federation Account alAllocation Committee (FAAC) said it shared N1.65 trillion among the three tiers of government as allocation for May 2025. This represents a decrease of N30 billion, compared to the N1.68 trillion shared in April. According to a statement on Wednesday from the Ministry of Finance Incorporated, the figure was confirmed in a communique issued at the end …

The Senate Committee on Tertiary Institutions and TETFUND declared on Friday that budgetary provisions shall be made for the establishment of centres for Information and Communication Technology (ICT) across the 774 local government councils in the country. The centres are meant to accommodate candidates seeking admission into tertiary institutions through the Unified Tertiary Matriculation Examination (UTME) and computer-based examinations conducted …

The Federation Account Allocation Committee (FAAC) has distributed the sum of N1.578 trillion, being March 2025 Federation Account Revenue to the three tiers of government. The Office of the Accountant-General of the Federation (AGF) said last night that the money came from the Federation revenue in the month of March. The total distributable revenue of N1.578 trillion comprised statutory revenue …

The ruling All Progressives Congress (APC) in Lagos State says council election will be held in all 20 local government areas and 37 local council development areas (LCDAs) in 2025. The News Agency of Nigeria reports that the APC Chairman, Cornelius Ojelabi, made this clarification in a statement on Sunday in Lagos, following speculations about the status of the 37 LCDAs …

The Federal Accounts Allocation Committee (FAAC) has said it disbursed N1.2 trillion earned as revenue in August 2024 to the Federal Government, states, and Local Government councils in Nigeria. The revenue distribution was announced at the September 2024 FAAC meeting in Abuja, a statement by the Director of Press and Public Relations at the Office of the Accountant-General of the …

The Oyo State Rural Water Supply and Sanitation Agency, on Monday, donated motorcycles, public address systems, and sanitary items to 10 local government areas to address the menace of open defecation in the respective council areas and the state in general. The items included 100 Ahuja speakers, six motorcycles (two each for Egbeda, Ona-Ara, and Ibarapa-East Local Governments), and sanitary …

The Ekiti State Government has called on local council authorities to exercise fiscal discipline and allocate resources judiciously to improve conditions at the grassroots level. The Commissioner for Local Government Affairs, Folorunso Olabode, urged local governments to prioritise the needs of their communities and agriculture in their 2025 budgets to address residents’ needs and ensure food security. Olabode issued this …

The Lagos State House of Assembly has invited the Attorney-General of the State, Mr. Lawal Pedro, to appear before it to explain the Supreme Court judgement on local governments in the country. In a statement by the Chief Press Secretary to the Speaker of the Lagos State House of Assembly, Eromosele Ebhomele, the lawmakers said there was a need for …

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 in 2023 to N10.14 trillion. Data released on Tuesday by the Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest report on the Federation Account revenue allocations for the year …

The Federation Account Allocation Committee (FAAC)has shared the sum of N1.088 trillion to the Federal Government, States, and Local Government Councils. A communique issued at the end of the FAAC, in Abuja, on Friday, indicated that the allocation came from November 2023 Federation Account revenue. The N1.088 trillion distributable revenue comprised a distributable statutory revenue of N376.306 billion, distributable Value …