Browsing Tag

Federal Allocation

PDP Urges CBN, FAAC to Stop Ebonyi LGA Allocations, Insists Council Election Illegal

The Peoples Democratic Party (PDP) has said that the purported local government election held in the state on Saturday August 22, 2026 is a “nullity” as it rests and a “brazen assault on democracy.” In a press statement issued in…

States Share N838.208 billion, LGAs Get N591.390 billion as FAAC Distributes N2.550 trillion Revenue…

Moses Idika

The Office of the Accountant General of the Federation (OAGF) has disclosed that a total sum of N2.550 trillion has been shared for June 2026 from the Federation Account Revenue to the Federal Government, THE 36 States, Federal Capital…

13 LGA Chairmen in Ebonyi Are ‘Illegal’ Allocations to Be Stopped – Fed High Court

Our Correspondent

A Federal High Court sitting in Abakaliki has ruled the Ebonyi State Independent Electoral Commission (EBSIEC) cannot conduct valid local government election in the state. According to the judgement delivered on October 22, 2025 by Hon.…

Federal Allocation Drops as FG, States, LGAs Share N1.22Trillion for August

Our Correspondent

The Federal Accounts Allocation Committee (FAAC) has disbursed N1.2 trillion as allocation for the three tiers of government for the month of August. The revenue distribution was revealed at the September 2024 FAAC held in meeting held…

FG, States, LGAs Share Whooping N1,358.075 Trillion for the Month of July

Our Correspondent

The Federation Account Allocation Committee (FAAC), at its August 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, shared a total sum of N1,358.075 Trillion to the…

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