States & Local Governments Received N2.47trn & N1.64trn Respectively in 2019 – NBS

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The Federation Account Allocation Committee (FAAC) disbursed the sum of N2.93trn to the Federal Government of Nigeria in 2019. The highest Net Allocation were disbursed in the months of July and September with 275.03bn and 266.49bn respectively while the least amount disbursed to the Federal Government of Nigeria in 2019 were in May and March with 219.51bn and 223.28bn in that order.

The total Net FAAC Allocation to State Governments stood at N2.47trn, Delta and the Akwa Ibom States received the highest allocation of N219.28bn and N171.98bn respectively in 2019 while Osun and Cross River States received the least allocation of N24.22bn and N36.31bn in that order.

The total Net FAAC Allocation to Local Governments Councils stood at N1.64trn in 2019, Lagos and Kano States received the highest allocation of N104.97bn and N92.16bn respectively in 2019 while Bayelsa and the Gombe States received the least allocation of N18.99bn and N23.80bn in respectively.

Download 2019 FAAC Series Report

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States & Local Governments Received N2.47trn & N1.64trn Respectively in 2019 - NBS - Brand SpurStates & Local Governments Received N2.47trn & N1.64trn Respectively in 2019 - NBS - Brand Spur

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Read Also:  FAAC: STATES & LOCAL GOVERNMENTS RECEIVED N270.81BN & N173.76BN RESPECTIVELY IN MARCH 2018

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States & Local Governments Received N2.47trn & N1.64trn Respectively in 2019 - NBS - Brand SpurStates & Local Governments Received N2.47trn & N1.64trn Respectively in 2019 - NBS - Brand Spur

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