Abia's 17 LGAs Receive N2.9bn from FAAC for Sept, 2019




* Abia Gov, Ikpeazu


The 17 LGAs of Abia State has received a total of N2,935,789,672.15 from the Federation Account Allocation Committee, FAAC being revenue earned in August, but shared as September 2019 disbursement

A breakdown of the amount shows as follows:

Gross statutory total  =   N2,335,228,337.06

VAT                                =      N514, 746,880.64

FOREX Eq. Acct           =         N74,398,412.60

Rec. Excess Bank charges  =  N7,503,611.37

The three top LGA with highest allocations include Aba South LGA with N253,521,603.26 got the highest disbursement, followed by Umuahia North LGa with N204,027,644.57, and Ohafia LGA with  N193,208,731.64

The allocations received according to the National Bureau of Statistics, NBC sources are as follows:



1   ABA  =                    N150,554,963.71

2   ABA SOUTH  =      N253,521,603.26

3   AROCHUKWU=    N176,100,159.57

4   BENDE =                N180,240,233.89

 5   IKWUANO =        N163,485,052.39

6    I/NGWA NORTH = N168,904,518.77

7    I/NGWA SOUTH = N163,555,005.96

8    ISUIKWUATO =      N158,891,966.87

 9   NNEOCHI =           N172,434,449.05

 10 OBIOMA NGWA  = N175,651,367.61

11 OHAFIA  =               N193,208,731.64

 12 OSISIOMA =         N185,718,090.88

13 UGWUNAGBO  =   N141,078,349.46

 14 UKWA EAST =     N133,168,490.40

15  UKWA WEST =     N139,582,829.21

16  UMUAHIA/N  =      N204,027,644.57

17  UMUAHIA/S        = N175,666,214.90







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