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Tag: LGs

FG

News, Top Stories

FAAC: FG, States, LGs share N2.26trn as VAT revenue surge

The Federal Government received N787.351 billion from the total distributable revenue, while state governments shared N772.360 billion.
CBN

Headlines, Metro

Expose the billions! SERAP pressures CBN to reveal LG Fund transfers or face redress 

The group also cited former President Muhammadu Buhari’s shocking 2022 revelation that some local government chairmen were coerced into signing…
Naira

News

FAAC: FG, States, LGs share N1.424 trillion December 2024 Revenue

From the total distributable revenue, the Federal Government received N451.193 billion, states received N498.498 billion, and the LGCs were allocated…
Tinubu

News, Top Stories

Tinubu to Governors: “We won’t take LGs away from you, just drive development”

President Tinubu called for stronger collaboration between the federal and state governments to address pressing challenges, including local government autonomy,…
FAAC

Business, Headlines

FG, States, LGs share whopping N1.727 trillion revenue for November

The total distributable revenue included: Statutory revenue, N455.354 billion; Value Added Tax (VAT) revenue, N585.700 billion; Electronic Money Transfer Levy…
Naira

Business, Top Stories

FAAC: FG, States, LGs share N1.298 trillion for September

The N1.298 trillion was allocated from a gross total of N2.298 trillion, which included Gross Statutory Revenue, Value Added Tax…
Wale Edun says Nigeria's macroeconomic reforms had begun yielding results, with improved growth momentum and greater stability.

Business, News

FG, States, LGs share N1.358trn for July

Also included in the total distributable revenue was Exchange Difference revenue of N581.710 billion and Solid Mineral revenue of N13.647…
Tinubu sued over failure to reverse petrol price hike

Opinion, Politics

Let the Third Tier Breathe: Implications of the Supreme Court Verdict

Justice Emmanuel Agim, who read the lead judgment, said Nigeria runs a three-tier governance structure, where no one tier is…
Wale Edun says Nigeria's macroeconomic reforms had begun yielding results, with improved growth momentum and greater stability.

Headlines, News

FAAC shares N1.08trn November revenue to FG, States, LGs

The communique said that the distributable revenue comprised statutory revenue of N376.306 billion, Value Added Tax (VAT) revenue of N335.656…
Zainab Shamsuna Ahmed, Minister of Finance

Headlines, News

FG, States, LGs share N714.629bn for March

Its spokesman, Mr Stephen Kilebi, stated that the money shared covered Gross Statutory Revenue of N497.448 billion; Value Added Tax…

Headlines, News

Lagos bans Okada, Tricycle riders in 15 LGs/LCDAs

The Lagos State Government has banned okada and tricycle riders in six Local Governments and nine Local Council Development Areas,…

News

Lagos directs LGs to begin biometric capturing of residents in flood-prone areas

The Lagos State Government has directed Local Governments in the state to begin biometric capturing of residents in their domains…

News

FAAC: FG, States, LGs share N619.85bn as revenues for February

The Accountant-General of the Federation (AGF), Mr Ahmed Idris, on Wednesday said the Federal Government shared N619.85 billion, as revenue…

2019 Elections, Headlines

Update: Sanwo-Olu in landslide win in 15 LGs in Lagos

The All Progressives Congress, APC, Lagos governorship candidate, Babajide Sanwo-Olu is coasting home to victory in a landslide win in…

News

LGs must deliver dividends of democracy to grassroots – LASG

The Lagos State Government at the weekend said Local Governments in the state must brace up to deliver the dividends…