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FAAC: FG, States, LGs Share ₦606 Billion For April - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FAAC: FG, States, LGs Share ₦606 Billion For April (18649 Views)

FAAC: FG, States, LGs To Share N966 Billion / FAAC: FG, States, Lgs Share N668.89b After Deadlock / FAAC: FG, States, LGs Share N701 Billion In April (2) (3) (4)

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Re: FAAC: FG, States, LGs Share ₦606 Billion For April by galadima77(m): 5:08am On May 16, 2020
Yankee101:
Until each state begins to behave like a different country by developing its human and material resources and generating fx, productivity and internal sufficiency, naija won't develop

For now nothing to stimulate the economy...some people are busy extending lockdown...hahahahaha

Until there's nothing from central pocket to share
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Tonymegabush1(m): 5:09am On May 16, 2020
Is that so well governors as una Don collect make it to civil servant under una
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Nobody: 5:09am On May 16, 2020
Keep sharing gbese to be paid by the unborn generation.

Govt of borrowing and debt accumulation headed by PresiDEBT BorrowHari

2 Likes

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by SmartProf(m): 5:10am On May 16, 2020
To be honest there is nothing to be excited about here cos these funds will never be used for any purpose that will benefit the citizenry. Once they struggle to pay salaries of government workers, that's the end cos no one can understand in real terms how judiciously the rest of the funds improve the lives of many more citizens who aren't in the payroll of government
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Nobody: 5:14am On May 16, 2020
I give up.Las Las man must leave this country for these rotten polithiefcians.
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Kobicove(m): 5:14am On May 16, 2020
States need to start looking for alternative sources of revenue because FAAC allocation will soon start declining due to fall in price of oil

3 Likes

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by ogundeleai(m): 5:15am On May 16, 2020
Over 600bn when IGR is totally zero... God grace on this Nation is second to none but here we are the populace languishing in poverty... Administrative wise, Nigeria is lacking behind
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by captainamiedi1: 5:20am On May 16, 2020
After servicing debt, some states might not be able to pay workers. coronavirus is affecting everyone.

1 Like

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Kollysman1: 5:26am On May 16, 2020
AlhajaChinyere:
Poor wretched country!
Yet they are reproducing like rats.
na him be sey your papa and mama na rat and female rat ooo
omo osan to nko gbongbo bo iya re

1 Like 2 Shares

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Najmil: 5:26am On May 16, 2020
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Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Juanmike(m): 5:29am On May 16, 2020
The heading should be, FG, State and Local govt LOOT 606 billion for April,

1 Like

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by AreaFada2: 5:32am On May 16, 2020
Until we admit to ourselves that we are a poor country, we cannot get anywhere.

Even if we produced and sold 6 million barrels a day, we would still be very poor. As it's 70% our income source. Under 150 to 200 trillion Naira budget is inadequate. Comprehensive health care, Education, infrastructure (roads, water, electricity, railway, etc), welfare system, housing, Agric subsidy, recurrent expenditure/civil service, science & tech, defense, law enforcement/security, judiciary, political institutions, etc.

We should mellow and eat humble pie. Beginning with family planning/birth/population control. Otherwise we will just be producing more criminals and street urchins.

9 Likes 1 Share

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by watchindelta(m): 5:41am On May 16, 2020
They said Nigerian is poor country! But the little they have no management only looting and mismanagement of funds. I only sorry for the citizens. Am outa here.
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by optimus106(m): 5:44am On May 16, 2020
Faac you
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Nobody: 5:55am On May 16, 2020
AlhajaChinyere:
Poor wretched country!

Yet they are reproducing like rats.

HONESTLY
Well, ABACHA is always there to assist.
....no be only Chinese go dey support.
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by wink2015(m): 5:55am On May 16, 2020
SmartProf:
To be honest there is nothing to be excited about here cos these funds will never be used for any purpose that will benefit the citizenry. Once they struggle to pay salaries of government workers, that'sat the end cos no one can understand in real terms how judiciously the rest of the funds improve the lives of many more citizens who aren't in the payroll of government

That is why they should not use the security agency to chase after Yahoo boys who are struggling cashing out illicit money like western union.
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by wink2015(m): 6:00am On May 16, 2020
AreaFada2:
Until we admit to ourselves that we are a poor country, we cannot get anywhere.

Even if we produced and sold 6 million barrels a day, we would still be very poor. As it's 70% our income source. Under 150 to 200 trillion Naira budget is inadequate. Comprehensive health care, Education, infrastructure (roads, water, electricity, railway, etc), welfare system, housing, Agric subsidy, recurrent expenditure/civil service, science & tech, defense, law enforcement/security, judiciary, political institutions, etc.

We should mellow and eat humble pie. Beginning with family planning/birth/population control. Otherwise we will just be producing more criminals and street urchins.

Apart from Niger delta crude oil money the other region like the northern region contribute nothing to the federal treasury.

1 Like

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by AdaOgwashi: 6:06am On May 16, 2020
AlhajaChinyere:
Poor wretched country!

Yet they are reproducing like rats.

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by CodeTemplar: 6:18am On May 16, 2020
That's huge and should cover salaries. By the way most govt workers aren't working.
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by TruthDefender(m): 6:27am On May 16, 2020
$1.34 billion for an entire country of 200 million people

Nigeria is a joke. Poor,wretched yet claiming to be giants

Jeff Bezos makes that amount weekly

3 Likes

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Joefat: 6:36am On May 16, 2020
MansoryMX:
People nor dey sleep again for this country o. Nigeria’s problem be giving y’all sleepless night. Una nova see anything yet. Before 2023 go reach if this government nor put Nigeria for sale dem go dash am out to China cheesy

Fact... I dreamed Nigeria was put on sales. I prayed against it immediately.. but what of if it comes to undecided
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Joefat: 6:40am On May 16, 2020
95% of this money will be looted, and they'll clean their month like nothing happened.. see next generation Future.. God help man.

1 Like

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by sonnie10: 7:02am On May 16, 2020
if you like , kil yourself for Nigeria matter, las las its only #68 (naira) daily that the government can afford to spend on your head, everything being equal.

Its a simple maths;

#5trillion (annual budget)/ 200million (population) = #25000 (per capita)

#25000 /365 days = #68naira (for each Nigerian daily)

This is assuming the polithiefians did not embezzle 90% of the money as usual.

.

2 Likes

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by mira4u: 7:03am On May 16, 2020
Salary loading from next week then.
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by MrCuteking(m): 7:17am On May 16, 2020
See money. Who fit count this one with hand grin
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by jericco1(m): 7:20am On May 16, 2020
Billions been shared monthly yet it is not reflecting on the masses.. undecided

1 Like

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by Nobody: 7:21am On May 16, 2020
Naija politics is all about sharing money cheesy
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by thegloor: 7:25am On May 16, 2020
Yankee101:
Until each state begins to behave like a different country by developing its human and material resources and generating fx, productivity and internal sufficiency, naija won't develop

They refused na

1 Like

Re: FAAC: FG, States, LGs Share ₦606 Billion For April by thegloor: 7:27am On May 16, 2020
UdechiHD:
The Presidential system of government we practice isn't suitable for us. It's too costly to operate. We should return back to Parliamentary system of government which loose federation.

Explain
Re: FAAC: FG, States, LGs Share ₦606 Billion For April by jericco1(m): 7:31am On May 16, 2020
UdechiHD:
The Presidential system of government we practice isn't suitable for us. It's too costly to operate. We should return back to Parliamentary system of government which loose federation.

Parliamentary for real? It seems you don't know how systems of government operates. There's no way Nigeria can practice parliamentary system of government.. federal system is the best bet, because with that every body gets represented, it is only failing here because we are corrupt.

1 Like

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