C'RIVER 18 LGAs RECEIVE N7BN AS OCTOBER FAAC ALLOCATION - OAGF
By Our Reporter
IN line with our commitment to promoting good governance and accountability at all levels, especially at the grassroots, THE BEAGLE NEWS will be publishing a breakdown of monthly allocations to the state and the 18 local government councils starting from October, 2024.
Statistics obtained from the Office of the Accountant General of the Federation (OAGF) showed Cross River state received the Net sum of N8,433,013,821.89 as October 2024 monthly allocations while the 1 local government areas received a total sum of N7,012,321,968.77.
The summary of Revenue Allocation by Federation Account Allocation Committee (FAAC) for the month of October 2024 shared in November, 2024 as published by Office of the Accountant General of the Federation, Federation Account Department, shows that Akpabuyo local government area got the highest amount of N467, 881,461.91, followed by Boki with N430,123,542.17 and Akamkpa N418, 640, 268,.90.
The breakdown are as follows:
1). ABI = N375,167,033.37
2) AKAMKPA= N418, 640, 268,.90
3) AKPABUYO= N467, 881,461.91
4) BAKASSI= N286, 058,185.31
5) BEKWARRA = N345,054,778.36
6) BIASE = N397, 400,705.42
7) BOKI= N430,123,542.17
8) CALABAR MUNICIPALITY= N386,877,870.08
9) CALABAR SOUTH= N402,792,967.59
10) ETUNG= N314,080,627.88
11) IKOM= N399, 888,697.05
12) OBANLIKU= N351,124,186.31
13) OBUBRA= N396,228,900.94
14) OBUDU = N381,513,542.78
15) ODUKPANI = N418,024,296.47
16) OGOJA= N397,498,154.08
17) YAKURR = N409,930,434.59
18) YALA = N434,036,115.56
TOTAL N7,012,321,968.77
By next week, THE BEAGLE NEWS will give updates on November disbursement allocation.
