The South-West received the largest share of the N281.47 billion Federation Accounts Allocation Committee (FAAC) allocations to local government areas last month, analysis of the disbursement shows.
The South-West received the largest share of the N281.47 billion Federation Accounts Allocation Committee allocations to local government areas last month, analysis of the disbursement shows.The South-West received the largest share of the N281.47 billion Federation Accounts Allocation Committee allocations to local government areas last month, analysis of the disbursement shows.
The North-Central, with 115 local government areas received N38.11 billion or 13.54 per cent while the North East with 112 local government areas got N37.87 billion, representing 13.45 per cent. The three states with the least allocations to their local government areas were Bayelsa with eight LGAs , Gombe with 11 LGAs and Nasarawa with 13 LGAs .
This judgment has also called for greater scrutiny of the local government areas to ensure accountability and transparency in their spending of the funds. Manufacturers have cried out that, in the last six months, they have incurred over N1.5 trillion in forex-related transaction losses.
Federation Accounts Allocation Committee Kano State
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