Despite over 100% increment in federal allocation, budget implementation by Lagos councils remains secret two years on

Despite receiving record sums through the Federation Account Allocation Committee (FAAC), with Lagos State local councils among the top beneficiaries in 2024, transparency over how these funds are administered remains deeply lacking.

by Gbenga Salau

Latest news today on Federation Account Allocation Committee

Despite over 100% increment in federal allocation, budget implementation by Lagos councils remains secret two years on

FAAC disbursement down by N0.9 trillion in August

FG, States, LGs share record N1.1tn as August revenue – FAAC

FG, states, LGCs share N673.137bn for August

Imperative of active financial management system in Anambra

VAT slumped by N4.6b in October as FG, states, LGs share N672b

FAAC: FG, States, LGAs share N693.529bn for September

FG, states, local councils share N680b for May

How government can raise N3.5tr from VAT, by FSDH

Govts share N788b

FG, states, councils shared N2.28tr in Q3

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Fiscal discipline, rational allocation of resources vital for growth, says Adeosun

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A few slices from the fiscal cake

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