Tag: Local government allocation

BREAKING: FAAC Distributes N1.969 Trillion December Revenue to FG, States and Councils

February 2, 2026February 2, 2026 Rextun boss No Comments

The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.969 trillion as revenue generated in December 2025 to the Federal Government, the 36 states, and the 774 local government councils across Nigeria. The allocation was concluded at FAAC’s January 2026 meeting held in Abuja. Details of the disbursement were contained in a statement…

Finance and Economy

Rivers Crisis: Ex-Council Chair Speaks On Alleged Agreement With Wike To Deduct N20m From LG Allocations

January 3, 2025January 3, 2025 Rextun boss No Comments

A former chairman of the Ahoada West Local Government Area in Rivers State, Hon Hope Ikiriko has dismissed the allegation that former governor Nyesom Wike, now the Minister of the Federal Capital Territory, deducted N20 million monthly from local government allocations during his tenure. The claim surfaced recently in a viral video, where Victor Odili,…

News

abdulwasiu abdulkabir Olajide on 7 Federal Government Empowerment Programs and Opportunities for Nigerian Youths – How to ApplyAugust 13, 2026
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Kikma on Top 10 Hidden Gems in Ibadan You Need to Visit in 2025July 1, 2025
Ibadan is truly a hidden gem with so much to offer. From the serene Agodi Gardens to the breathtaking views…