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FG, States, LGAs Share N590.546bn

The Federation Accounts Allocation Committee (FAAC) has shared N590.546billion February 2022 Federation Account Revenue to the Federal Government, 36 States and the Federal Capital Territory (FCT) and 774 Local Government Areas.
This was contained in a communiqué issued, yesterday, at the end of a virtual meeting of the Federation Account Allocation Committee (FAAC) for March, 2022.
A breakdown shows that the N590.546billion total distributable revenue comprised distributable statutory revenue of N337.432billion; distributable Value Added Tax (VAT) revenue of N165.635billion and Excess Bank Charges of N7.479billion and Non-Mineral Revenue of N80.000billion.
In February 2022, the total deductions for cost of collection was N 23.989billion and the total deductions for statutory transfers and refunds was N80.498billion.
The balance in the Excess Crude Account (ECA) was $35.371million.
The communiqué confirmed that from the total distributable revenue of N590.546billion; the Federal Government received N236.177billion, the State Governments received N190.007billion and the Local Government Councils received N140.612billion.
A total of N23.750billion was shared to the relevant states as 13percent derivation revenue.
The distributable statutory revenue of N337.432billion was available for the month.
From this, the Federal Government received N165.248billion, the state governments received N83.816billion and the local government councils received N64.618billion.
The sum of N23.750billion was shared to the relevant states as 13percent derivation revenue.
In February, 2022, the gross revenue available from the Value Added Tax (VAT) was N177.873billion.
This was lower than the N191.222billion available in the month of January, 2022 by N13.349billion.
Also, N5.123billion allocation to NEDC and N7.115billion cost of collection were deducted from the N177.873billion gross Value Added Tax (VAT) revenue, resulting in the distributable Value Added Tax (VAT) revenue of N165.635billion.
From the N165.635billion distributable Value Added Tax (VAT) revenue, the Federal Government received N24.845billion, the state governments received N82.818billion and the local government councils received N57.972billion.
The Federal Government received N3.940billion from the total Excess Bank Charges of N7.479billion.
The state governments received N1.998billion, the local government councils received N1.541billion.
The Federal Government received N42.144billion, the state governments received N21.376billion and local government councils received N16.480billion from the N80.000billion Non-Mineral Revenue.
According to the communiqué, in the month of February, 2022, Petroleum Profit Tax (PPT) increased significantly while Oil and Gas Royalties increased marginally.
Import and Excise Duties, Companies Income Tax (CIT), and Value Added Tax (VAT) recorded considerable decreases.
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RSG Approves Full Rehabilitation of State Secretariat …Unveils Housing Scheme for Civil Servants, Honours Veterans

Rivers State Administrator, Vice Admiral Ibok-Eteh Ibas (Rtd), has approved the complete rehabilitation and modernization of the Rivers State Secretariat Complex to enhance efficiency and productivity in the civil service.
Ibas made the announcement at the 2025 Civil Service Week Gala and Awards Ceremony held at Banquet Hall, Government House, Port Harcourt, on Wednesday,.
He disclosed that “initiative is designed to transform the secretariat into a modern, efficient and conducive work environment, directly supporting the civil servants who form the backbone of the state’s governance.”
The Administrator also approved the provision of 106 housing units for civil servants in the State.
Ibas paid glowing tribute to retired Heads of Service and Permanent Secretaries, describing them as the bedrock of the state’s administration.
He stated that the awards ceremony was a symbol of deep appreciation for decades of sacrifice, resilience, and commitment.
“These interventions are designed to not only recognize your service, but also to improve your welfare in tangible and lasting ways,” the Administrator stated.
“We must build an administration that is efficient, effective, and truly citizen-centric,” he added.
The Administrator urged serving officers to draw inspiration from their predecessors and strive to make a meaningful impact in the lives of citizens.
He emphasized the importance of embracing innovation, technology, and continuous training to build a civil service equipped for the future.
The Acting Head of Rivers State Civil Service, Dr. (Mrs.) Inyingi Brown, in her welcome address, described the civil service as the “engine room of government” and expressed profound gratitude to the Administrator for his unwavering support and commitment to its modernization.“
“A society that does not honour its heroes is not worthy of emulation,” Dr. Brown remarked, lauding the retirees as torchbearers of discipline and loyalty.
She pledged to build on their legacy through reforms and innovation, projecting that the Rivers State Civil Service would become a model of efficiency and transparency by 2030.
Speaking on behalf of the retirees, President of the Association of Retired Permanent Secretaries, Sir Promise Njowhor,
expressed heartfelt appreciation for the historic recognition.
“For once, since the creation of the State, we are being honoured,” Njowhor said, adding, “Our morale has been lifted.”
He pledged the association’s continuous support for government programmes, describing the body of experienced retirees as a resource available to contribute to state development.
The rehabilitation of the State Secretariat and the new housing scheme represent a major investment in the infrastructure and dignity of public service in Rivers State, signaling a new era of support for the civil servants who drive the government’s policies and programmes.
The Tide reports that the Administrator also conferred awards of meritorious service on retired Heads of Service and Permanent Secretaries in the State
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Rivers LG Poll: APC Wins 20 chairmanship seats, PDP Clears Three
The All Progressives Congress (APC) has won 20 out of the 23 local government areas in the just concluded local government election in the State, while the Peoples Democratic Party (PDP) clinched three local governments.
According to the results released by the Rivers State independent Electoral Commission (RSIEC), yesterday, the APC won the chairmanship seats in Abua/Odual, Andoni, Opobo Nkoro, Ahoada East, Ahoada West, Okrika, Ogu/Bolo and Khana local government areas.
APC also won in Gokana, Tai, Oyigbo, Bonny, Eleme, Etche, Omuna, Akuku Toru, Asari Toru, Degema, Ikwerre and Emohua local government areas.
The Commission, however, said the PDP won in Port Harcourt City, Obio/Akpor, and Ogba Egbema Ndoni local government areas.
Chairman of the Commission, Dr Michael Odey, who announced the results at the Commission headquarters in Port Harcourt, said Ofori Owolabi of the APC scored 28,755 votes to emerge winner of the election for Abua Odual while Solomon Ochomma, also of the APC, emerged chairman elect for Ahoada East after scoring 54,509 votes.
Odey said Eugene Epelle also of the APC scored 84,125 votes to emerge winner in Ahoada West, while Bob Fubara was elected the chairman-elect for Akuku Toru after scoring 63,593 votes.
Similarly APC chairmanship candidate Lucky Otuo Promise emerged chairman-elect for Andoni after scoring a total of 126,181 votes, APC’s George Onengiyeofori emerged winner in Asari Toru after scoring 56,383 votes, while Pepple Blessing Abinye garnered 13,543 votes to emerge winner in Bonny Local Government Area.
Other APC candidates elected include Michael John Williams who scored 16,536 votes to emerge chairman-elect for Degema Local Government; Obarlllormate Ollor (77,452) for Eleme; Dr Chidi Julius Lloyd (114,380) for Emohua; Njoku Boniface (100,649) for Etche; Confidence Deekor (96,478) for Gokana, while Wobodo Charles got 62,746 votes to emerge winner in Ikwerre Local Government Area.
Other APC winners from the APC include Akuro Tobins (32,285 votes) for Okrika; Hon Obasi Uchechukwu (38,530) for Omuma; James A James (38,822) for Opobo Nkoro; Vincent Nemieboka (36,374) for Ogu/Bolo; Hon Mbakpone Okpe (70,080) for Tai LGA, while in Oyigbo, Okechukwu Akara scored 101,495 votes to emerge winner.
Meanwhile, the RSIEC chairman announced Dr Gift Worlu of the PDP with 328,823 votes to emerge winner in Obio Akpor; Shedrack Ogbogu, also of the PDP, scored 51,051 votes for Ogba Egbema Ndoni Local Government Area, while in Port Harcourt City, Sir Alwell Ihunda garnered 235,054 votes for PDP to emerge winner.
The APC also cleared the councillorship seats in Abua/Odual, Andoni, Ahoada East, Ahoada West, Okrika, Ogu/Bolo and Khana, Oyigbo, Bonny, Eleme, Etche,Tai, Khana Opobo/Nkoro and Degema local government areas.
Similarly APC councillorship candidates also emerged winners in Asari Toru, Degema, Akuku Toru, Gokana and Khana while PDP cleared the councillorship seats in Obio/Akpor, Port Harcourt city, and Ogba Egbema/ Ndoni Local Government Areas
Meanwhile, the Forum of State Independent Electoral Commissions has passed a vote of confidence on the just concluded local government election in the State.
National Chairman of the forum, Hon. Mamman Nda Eri, said this in an interview with newsmen in Port Harcourt.
Eri said all the chairmen across the country were in Port Harcourt to monitor the election as well as gain experience in an election under emergency rule.
John Bibor & King Onunwor
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