Local Government Areas (LGAs) in Nigeria got N1.42 trillion from disbursed federal allocations in the first five months of 2024.
This amount is 73% of the N1.95 trillion states got and 75% of the N1.88 trillion allocated to the federal government in the same period.
According to the Federal Account Allocation Committee (FAAC) disbursement reports by the National Bureau of Statistics (NBS), there was a 47% increase in the amount LGAs got, rising from N963.9 billion recorded in the same period of 2023.
There is a notable increase in allocations across each month from 2023 to 2024 for January to May.
The NBS data further showed that the top 10 LGAs that got the most allocations this year are in Lagos state. In fact, the top 20 LGAs that got the most allocations are all from Lagos state.
