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FG, States, LGs Share N682.060bn As Allocation For August, 2020 - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG, States, LGs Share N682.060bn As Allocation For August, 2020 (11454 Views)

FG, States, LGs Share ₦547 Bilion As May Federation Allocation / FAAC: FG, States, LGs Share ₦606 Billion For April / Average Police Station In Nigeria Gets N30,000 Per Quarter As Allocation—owoseni (2) (3) (4)

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Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by CodeTemplar: 2:14pm On Sep 23, 2020
post=94221869:
Guys,
Hold your Governors,
House of Rep members,
Local Government Chairmen,
Councilors accountable for what is going on in your various states.
Buhari is not your problem in life.

Meanwhile, Delta State and Rivers state collected the highest shares of this Allocation.............as usual!
And you see states that collected half of what they collect doing well with more infrastructures than them!!!

Truth is bitter, but we will continue to say it!

This is only for the wise!
We Rise!!




He graduated since 1999 without a job and he keeps blaming Buhari for his life.

What a way to live life!
Na him belle go tell am las las.
Dem no dey telli person.

Ignoring all these enemies of the country is the best thing man.

Orisirisi something!!
So Delta and Rivers got more than FG's 52% right?
Your brain is wholly dedicated to political suya (propaganda) production I can see.

4 Likes 1 Share

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by planetx: 2:25pm On Sep 23, 2020
A country of 200 million and the revenue for the month is less than $2billion. And someone will open their mouth and say Nigeria is a rich country,

1 Like 1 Share

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by Asour: 2:27pm On Sep 23, 2020
proeast:
In this 21st century Nigeria is still sharing money to states in such reckless manner. Why not post how much each state got?

Why can't they run these states in a professional way and have funds audited properly?

The federal government will receive money from the IOC's and add the ones it collected from China and other lenders and distribute to governors who end up using it as they pleases.

Is it impossible to audict the civil servants population and respective ranks in each state and and have a professional firm handle the allocations, while state governors will make specific requests that will be tied to any infrastructural project before funds will be released.

Run this damn country like civilized people!!


They do post the actual amounts allotted to all states of the federation. You can find it at the RMFAAC website.

Also, Auditors at the State Auditor general office are responsible for such report. External auditors may do a better job but even they are not impervious to corruption (AKA bias due to threat of loss of business). With the FOI act now many government documents can be demanded and privately assessed by individuals. It's not hard to find anomalies on them, it is rarer to get them to act on any such.

But then again all of this "high sounding" amount is about 1.7bn$ for Nigerians. For good comparison, nike earned an average 3.2bn$ a month in 2019 with about 75k employees.

God help us.

1 Like 1 Share

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by PrudencyFeats: 2:38pm On Sep 23, 2020
cost of revenue collection and transfers collectively had allocation of N33.205 billion.

How... Which companies are involved and by whom?
Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by ayenale1(m): 2:51pm On Sep 23, 2020
Local government are in comatose and powerless it will have been better to say federal and state government.

1 Like 1 Share

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by proeast(m): 3:10pm On Sep 23, 2020
Asour:



They do post the actual amounts allotted to all states of the federation. You can find it at the RMFAAC website.

Also, Auditors at the State Auditor general office are responsible for such report. External auditors may do a better job but even they are not impervious to corruption (AKA bias due to threat of loss of business). With the FOI act now many government documents can be demanded and privately assessed by individuals. It's not hard to find anomalies on them, it is rarer to get them to act on any such.

But then again all of this "high sounding" amount is about 1.7bn$ for Nigerians. For good comparison, nike earned an average 3.2bn$ a month in 2019 with about 75k employees.

God help us.

You mean a company of 75k staff earned $3.2bn while a country of 200 million earned and shared $1.7bn shocked shocked Are we that poor??

Then let each state manage its resources and pay certain % to the center, at least that would help us to double productivity in the near future when all these idle states are forced to ditch laziness and get to work on whatever activity they have comparative advantage. Otherwise, I don't see how we will ever escape this poverty circle and hopelessness.

1 Like

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by Ayo2004: 3:24pm On Sep 23, 2020
According to my research,59.715% of that money was embezzled and 20.29% was borrowed grin
Conclusion:Nigerians are doomed
Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by ImpregnaTor(m): 4:07pm On Sep 23, 2020
How are we supposed to develop with this pattern?
Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by ChimaAdeoye: 4:27pm On Sep 23, 2020
post=94221869:



Meanwhile, Delta State and Rivers state collected the highest shares of this Allocation............




Kano, Kaduna and Katsina collect the highest allocations. They collect more money than Delta and Rivers!

It is only with 13% derivation that Rivers and Delta edge up a little because they produce nearly 85% of the resources being distributed.

Get your facts right and stop playing semantic games!

3 Likes 2 Shares

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by Ebenezer2021(m): 4:38pm On Sep 23, 2020
danilmo:
Just releasing August salary at the ending of September?? wait o, has any state paid August Salary?? seems something isn't right somewhere
August allocation is the revenue earned and generated so it'll be paid the following month. That's how it operates

1 Like

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by Ebenezer2021(m): 4:39pm On Sep 23, 2020
Asour:



They do post the actual amounts allotted to all states of the federation. You can find it at the RMFAAC website.

Also, Auditors at the State Auditor general office are responsible for such report. External auditors may do a better job but even they are not impervious to corruption (AKA bias due to threat of loss of business). With the FOI act now many government documents can be demanded and privately assessed by individuals. It's not hard to find anomalies on them, it is rarer to get them to act on any such.

But then again all of this "high sounding" amount is about 1.7bn$ for Nigerians. For good comparison, nike earned an average 3.2bn$ a month in 2019 with about 75k employees.

God help us.
Thank you so much for this
Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by xtianfemi: 4:41pm On Sep 23, 2020
This is late news,FAAC meeting was held on Friday 18 September, and not today

1 Like

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by Jonegonu: 5:17pm On Sep 23, 2020
Rivers people If you asked me what I used the allcation for I will cut off your head, can't you see that I just came back from edo election.

1 Like 1 Share

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by Tomford10: 5:41pm On Sep 23, 2020
Ebenezer2021:

https://dailytrust.com/faac-fg-states-lgs-share-n682-bn-for-august
see money way Una dey share but to pay ASUU na problem.
Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by AwkaFinest: 6:16pm On Sep 23, 2020
post=94221869:
Guys,
Hold your Governors,
House of Rep members,
Local Government Chairmen,
Councilors accountable for what is going on in your various states.
Buhari is not your problem in life.

Meanwhile, Delta State and Rivers state collected the highest shares of this Allocation.............as usual!
And you see states that collected half of what they collect doing well with more infrastructures than them!!!

Truth is bitter, but we will continue to say it!

This is only for the wise!
We Rise!!




He graduated since 1999 without a job and he keeps blaming Buhari for his life.

What a way to live life!
Na him belle go tell am las las.
Dem no dey telli person.

Ignoring all these enemies of the country is the best thing man.

Orisirisi something!!


Jealousy is a disease. Emancipate yourself from jealousy. How many states in the country besides Lagos are doing better than Rivers and Delta?

2 Likes 1 Share

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by AwkaFinest: 6:19pm On Sep 23, 2020
ChimaAdeoye:


Kano, Kaduna and Katsina collect the highest allocations. They collect more money than Delta and Rivers!

It is only with 13% derivation that Rivers and Delta edge up a little because they produce nearly 85% of the resources being distributed.

Get your facts right and stop playing semantic games!


Thank you for exposing his ignorance to the world.

1 Like

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by Dreyton36: 7:40pm On Sep 23, 2020
Fvck mehnnnnnnnm
E clear

See block money
Wella Fargo money , wire wire
Money wey hushpuppi they collect In two days
Their dad

1 Like 1 Share

Re: FG, States, LGs Share N682.060bn As Allocation For August, 2020 by Ebenezer2021(m): 7:48pm On Sep 23, 2020
xtianfemi:
This is late news,FAAC meeting was held on Friday 18 September, and not today
yes.
I observed no one posted it on nairaland so I had to convey it down here

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