Allocation: FG, States, LG Share N3.84 Trillion In First Half Of 2019 - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
September 10, 2019
Thefederal, states, local governments and others shared three-point-eight-fourtrillion naira between January and June this year.
Thedata, contained in the latest edition of NEITI Quarterly Review, showed thatthe data examined FAAC disbursements to the Federal, States and Local governmentsfor the first half of 2019.
Accordingto the data, during the same period, nine States, representing twenty-fivepercent of all the States of the Federation had net disbursements higher thanthe first half of 2018.
Abreakdown of the FAAC disbursement showed that the FG received 1.599 trillion;the 36 states got one-point-three-three-five trillion while theseven-hundred-and-seventy-seven Local Government.Councils sharedseven-hundred-and-ninety-two  billionnaira during the period under review.
Thedisbursements of three-point-eight-four trillion naira by FAAC in the first half of this year were slightlylower than the  three-point-nine-fourtrillion disbursed by FAAC during the same period in 2018, but higher than thetwo-point-seven-eight trillion disbursed in the first half of 2017.