Here are some details about FAAC allocation to LGAs in 2024
– Total amount allocated to LGAs in Nigeria in the first five months of 2024: N1.42 trillion
– Increase in allocation compared to the same period in 2023: 47%
– Increase in allocation from January to May 2024:
– January: 30%
– February: 52%
– March: 54%
– April: 69%
– May: 38%
– Top five beneficiaries:
– Alimosho: N9.27 billion
– Ajeromi/Ifelodun: N7.42 billion
– Kosofe: N7.33 billion
– Mushin: N7.24 billion
– Oshodi/Isolo: N7.21 billion
