News

March 22, 2016

FG, States, LG share N345.095bn for February

FG, States, LG share N345.095bn for February

National Chairman All Progressives Congress, Chief Odigie Oyegun congratulating the Minister for Transportation, Hon. Chibuike Amaechi while Chairman Nigeria Governors’ Forum, Governor Abdulaziz Yari of Zamfara State (l) and Patron, Newspapers Proprietors Association of Nigeria, Malam Ismaila Isa watched during the swear-in ceremony of the newly composed Federal Executive Council at the Aso Chambers, Presidential Villa, Abuja. Photo by Abayomi Adeshida 11/11/2015

By Emmanuel Elebeke

The Federal Government on Tuesday shared the sum of N345.095 billion with the the States and Local Governments for the month of February.

The amount was short of N25.293 billion from the N370 billion shared in the preceding month.

A breakdown of the figure showed that federal Government received N127.200 billion, States received N64 billion, while Local Governments got N49.740 billion.