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Federal Government ,States,LGA’s Share 1.289 Trillion Naira For The Month Of September

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The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 Trillion to the three tiers of government as Federation Allocation for the month of September, 2024 from a gross total of N2.298 Trillion.

From the stated amount inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL), Exchange Difference (ED and Augmentation of N150.000 billion, the Federal Government received N424.867 Billion, the States received N453.724 Billion, the Local Government Councils got N329.864Billion, while the Oil Producing States received N90.415 Billion as Derivation, (13% of Mineral Revenue).

The sum of N80.993 Billion was given for the cost of collection, while N878.946 Billion was allocated for Transfers Intervention and Refunds.

The Communique issued by the Federation Account Allocation Committee (FAAC) at the end of the meeting indicated that the Gross Revenue available from the Value Added Tax (VAT) for the month of September 2024, was N583.675 Billion as against N573.341 Billion distributed in the preceding month, resulting in a increase.

From that amount, the sum of N23.347 Billion was allocated for the cost of collection and the sum of N16.810 Billion given for Transfers, Intervention and Refunds. The remaining sum of N543.518 Billion was distributed to the three tiers of government, of which the Federal Government got N81.258 Billion, the States received N271.759 Billion and Local Government Councils got N190.231 Billion.

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Accordingly, the Gross Statutory Revenue of N1.043 Trillion received for the month was lower than the sum of N1.221 Trillion received in the previous month by N177.426 Billion. From the stated amount, the sum of N56.878 Billion was allocated for the cost of collection and a total sum of N862.136 Billion for Transfers, Intervention and Refunds.

The remaining balance of N124.718 Billion was distributed as follows to the three tiers of government: Federal Government got the sum of N43.037 Billion, States received N21.829 Billion, the sum of N16.829 Billion was allocated to LGCs and N43.021 Billion was given to Derivation Revenue (13% Mineral producing States).

Also, the sum of N19.213 Billion from Electronic Money Transfer Levy (EMTL) was distributed to the three (3) tiers of government as follows: the Federal Government received N2.767 Billion, States got N9.222 Billion, Local Government Councils received N6.456 Billion, while N0.768 Billion was allocated for Cost of Collection.

The Communique also disclosed the sum of N462.191 Billion from Exchange Difference, which was shared as follows: Federal Government received N218.515 Billion, States got N110.834 Billion, the sum of N85.448 Billion was allocated to Local Government Councils, N47.394 Billion was given for Derivation (13% of Mineral Revenue).

It further disclosed of the Augmentation of N150.000 Billion which was shared as follows:
Federal Government received N70.020 Billion, the States got N40.080 Billion and the LGCs received N30.900 Billion.

Oil and Royalty, Excise Duty, Electronic Money Transfer (EMTL) and CET levies increased considerably. While Value Added Tax (VAT) and Import Duty increased marginally. Petroleum Profit Tax (PPT) and Company Income Tax (CIT) and others recorded significant decreases.

According to the Communique, the total revenue distributable for the current month of September 2024, was drawn from Statutory Revenue of N124.716 Billion, Value Added Tax (VAT) of N534.518 Billion, N18.445 Billion from Electronic Money Transfer Levy (EMTL), N462.191 Billion from Exchange Difference and Augmentation of N150.000 Billion, bringing the total distributable amount for the month to N1.298 Trillion.

The balance in the Excess Crude Account (ECA) as at October 2024 stands at $473.754

In his opening remarks, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, restated the President Bola Ahmed Tinubu-led Administration’s commitment to implementing policies, programmes and initiatives that will enhance revenue generation with a view to enhancing the overall well-being of Nigerians in line with contemporary realities.

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Gwarzo Challenges Kano Government to Provide Evidence of Alleged Local Government Funds Diversion Through Son

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The governorship candidate of the Nigerian Democratic Congress (NDC) in Kano State and former Deputy Governor of the state, Comrade Aminu Abdussalam Gwarzo, has challenged the Kano State Government to present concrete evidence supporting allegations that he received funds from local government councils through his son, Mujahid Aminu Abdussalam.

Gwarzo made the demand in a statement issued on Thursday by his spokesperson, Ibrahim Garba Shuaibu, following claims reportedly made by the spokesperson to Governor Abba Kabir Yusuf, Sunusi Bature Dawakin Tofa, who alleged that local government funds were channelled to the former deputy governor through his son.

According to Shuaibu, the allegations were “baseless, outrageous and totally ridiculous,” describing them as an attempt to damage Gwarzo’s reputation and undermine the integrity he has built throughout his years in public service.

“The allegations are mere figments of the Governor’s imagination lacking any basis,” Gwarzo said through his spokesperson. “We therefore categorically challenge the accuser to provide credible and verifiable evidence to substantiate these callous claims. Mere accusations, no matter how often repeated in the media, do not amount to proof.”

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Shuaibu stated that Gwarzo rejected the allegations in their entirety and insisted that no evidence had been presented to support the claims being circulated against him and his family.

According to the statement, the former deputy governor maintained that his record in public office had always been guided by the principles of transparency, accountability and adherence to the rule of law.

Gwarzo further expressed confidence that the truth would eventually prevail, urging members of the public not to be swayed by what he described as unsubstantiated allegations.

The NDC governorship candidate also called on those making the allegations to pursue lawful and transparent channels if they possess any evidence, rather than relying on public accusations and media statements, according to Shuaibu.

The controversy stems from recent remarks allegedly made by Dawakin Tofa, spokesperson to Governor Yusuf, who reportedly claimed that funds belonging to local government councils in Kano State were diverted to Gwarzo through his son. However, no documentary evidence was cited in the statement issued by Gwarzo’s camp.

As of the time of filing this report, the Kano State Government had not issued any additional response to Gwarzo’s challenge demanding proof of the allegations.

The statement was signed by Ibrahim Garba Shuaibu, spokesperson to Comrade Aminu Abdussalam Gwarzo and the NDC governorship candidate in Kano State, and was dated June 18, 2026.

 

 

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Kano Govt Reaffirms Media–Security Collaboration at NUJ Summit

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The Kano State Government has reiterated its commitment to strengthening collaboration between the media and security agencies as part of efforts to safeguard democracy and national integrity.

Speaking at the ongoing NUJ National Security Summit in Abuja, the Commissioner for Information and Internal Affairs, Comrade Ibrahim Abdullahi Waiya, conveyed the message of Governor Alhaji Abba Kabir Yusuf, stressing the critical role of the media in shaping public perception and supporting government initiatives.

Governor Yusuf emphasized that the media remains a vital channel through which government policies can reach the youth and wider society, noting that journalists have a responsibility to combat fake news, disinformation, and misinformation.

“The media has the responsibility of informing the public about government activities while also protecting and preserving the integrity of the nation. This is part of our constitutional duty as citizens,” Waiya stated on behalf of the governor.

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He commended the summit’s theme, which highlights the nexus between security and media practices, describing it as “timely and visionary.” According to him, security matters require careful reporting, and the media must balance press freedom with national interest.

Waiya further disclosed that the Kano State Government has maintained a cordial relationship with security agencies, providing them with operational support including vehicles and logistics for the Police, NSCDC, JTF, and other formations.

He assured that both government-owned and private media outlets in Kano enjoy a free and enabling environment without harassment or intimidation, adding that the state organizes periodic capacity-building programs for journalists to enhance professionalism and service delivery.

“We are creating a nexus between the media, security, and government. By supporting security agencies, we are not only helping them but also protecting ourselves as citizens,” he said.

The commissioner concluded by reaffirming Kano State’s commitment to constitutional values, press freedom, and collaborative governance, stressing that the partnership between media and security agencies is essential for peace, stability, and development.

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Excitement as FBIU Students Take Matriculation Oath for the 2025/2026 Academic Session

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Franco-British International University (FBIU), Kaduna, on Wednesday recorded a milestone with the matriculation of 362 students admitted for the 2025/2026 academic session.

The maiden matriculation ceremony attracted parents, guardians, government officials, academics, invited guests and well-wishers from across the country to witness the formal admission of the students into the university community.

A member of the MAAUN Group of Universities, FBIU matriculated students into four schools: the School of Nursing Sciences, School of Health Sciences, School of Computing, and School of Social and Management Sciences.

Speaking at the ceremony, the President of FBIU, Prof. Abdullahi Sabo Muhammad, congratulated the students on behalf of the management and the entire university community.

He described the occasion as a significant milestone in the lives of the students and the history of the university, marking the official commencement of their academic journey.

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In his address, the Founder of the MAAUN Group of Universities, Prof. Adamu Abubakar Gwarzo, warned the students against immorality and other social vices, stressing that the group operates a zero-tolerance policy on drug abuse.

He urged the matriculating students to remain focused on their studies, emphasizing the university’s commitment to producing quality graduates who will contribute to the development of Nigeria and Africa.

Prof. Gwarzo also announced plans to establish an Internationalisation Unit at the university to facilitate access to scholarships, academic exchanges and global learning opportunities.

In his goodwill message, the Chancellor of FBIU, Senator Shehu Sani, urged the matriculating students to uphold discipline and good character, stressing that these virtues are essential to safeguarding the university’s reputation and attaining academic excellence.

In their separate remarks, the President of MAAUN Nigeria, Prof. (Dr.) Mohammad Israr, the Registrar of MAAUN Niger and Migeria, Dr. Shu’aibu Usman Tanko, and the representative of the Canadian University of Nigeria, Prof. Ahmed Maigari Ibrahim, described the students as privileged to have gained admission into one of the leading emerging universities in sub-Saharan Africa.

They encouraged them to remain focused and make the most of the opportunities available.

Also speaking, the Registrar and Chief Executive Officer of the Environmental Health Council of Nigeria (EHCON), Dr. Baba Muhammad Yakubu, congratulated the students and commended the university for offering academic programmes that are responsive to contemporary societal needs and aligned with global standards.

The Vice President Administration of FBIU, who presided over the ceremony, administered the matriculation oath to the students, formally admitting them into the university community.

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