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FG, States, LGs Share N604bn In Oct, FAAC Confirms

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The three tiers of government shared a total of N604billion in the month of October, 2020, the Federation Accounts Allocation Committee (FAAC) has said.
FAAC disclosed this in a communique it issued in Abuja, after its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Aliyu Ahmed, yesterday.
Out of the N604billion, the Federal Government received N220.751billion, states got N161.8billion, while the local government areas got N120.58billion.
The communique stated that the oil-producing states received N31.9billion as 13 per cent derivation.
It further stated that the gross revenue that available from the Value Added Tax (VAT) for October was N126.46billion.
This was against the N141.85billion that was distributed in September, 2020, hence VAT in October dropped by N15.39billion when compared to what was recorded in September.
A distributed statutory revenue of N378.14billion was received for the month of October and this was higher than the N341.5billion received in September by N36.64billion.
The communique stated that from this amount, the Federal Government received N166.19billion; states, N84.29billion; local government areas, N64.98billion: while 13 per cent derivation was put at N21.58billion.
From this amount, inclusive cost of collection to NCS, DPR and FIRS, the Federal Government received N220.751billion, the states received N161.825billion, local governments got N120.588billion, while the oil-producing states received N31.902billion as derivation (13% of Mineral Revenue) and Cost of Collection/Transfer and Refunds got N48.939billion.
The communique indicated that the gross revenue from Value Added Tax (VAT) for October was N126.463billion as against N141.858billion distributed in the preceding month of September, resulting in a decrease of N15.395billion.
The distribution is as follows: Federal Government got N17.642billion, states received N58.805billion, local governments got N41.167billion, while Cost of Collection/Transfer and Refund got N5.059billion and allocation to NEDC project received N3.794billion.
The distributed Statutory Revenue of N378.148billion received for the month was higher than the N341.501billion received for the previous month by N36.647billion.
From that amount, the Federal Government received N166.195billon, states got N84.296billion, local governments, N64.989billion, derivation (13% mineral revenue) got N21.581billion and Cost of Collection/Transfer and Refund got N40.086billion.
The communique also revealed that Oil and Gas Royalty, Companies Income Tax (CIT) increased substantially.
According to the communiqué, Import Duty, Excise Duty, Value Added Tax (VAT), and Petroleum Profit Tax (PPT), recorded decreases.
The communiqué further disclosed that the total revenue distributable for the current month was augmented with the sums of N72billion, and N7.392billion from Forex Equalisation and government’s intervention, respectively.
It also included augmentation of N20billion from the Stabilization Account because of low revenue which is to be shared accordingly to the three tiers of government, bringing the total Distributable Revenue to N604.004billion.
The balance in the Excess Crude Account on November 18, stands at $72.409million.

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Fubara Hails Workers’ Resilience, Dedication In Rivers …Hails Tinubu’s Economic Reform 

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Rivers State Governor, Sir Siminalayi Fubara,  has commended workers in the State for their resilience, dedication, and invaluable contributions to development in the State.

 

Fubara gave the commendation during the 2026 Workers’ Day celebration at Isaac Boro Park in Port Harcourt, last Friday.

 

Represented by his deputy, Prof. Ngozi Nma Odu, the governor noted that Workers’ Day, which originated from the struggle for an eight-hour workday in the United States, has evolved into a global event recognising the contributions of workers to national growth and development.

 

He described workers as the backbone of sustainable development, saying no society can thrive without their efforts.

 

Fubara commended Rivers workers for their loyalty and commitment to service, noting that workers play vital roles across key sectors, including education, healthcare, infrastructure and industry.

 

He noted that their contributions have enhanced access to quality education and healthcare, supported job creation, and stimulated economic activities across the State.

 

While acknowledging the economic challenges faced by many workers, including the rising cost of living, Fubara assured that the the State Government remains committed to implementing policies that will enhance workers’ welfare and overall well-being.

 

The governor also hailed the bold and daring economic reforms of President Bola Tinubu which, he said, have stabilized the economy, enhanced foreign exchange liquidity, lowered inflation, and achieved significant growth in the nation’s gross domestic product.

 

He noted that, in addition to raising the minimum wage, the President recently approved new welfare incentives for federal civil servants.

 

“Our economy is on an unstoppable positive path under our President, and it can only improve further for the nation and everyone. Let us continue supporting the policies and programmes of Mr President,” he said.

 

Fubara highlighted the importance of workers in revenue generation and governance, noting that taxes paid by workers enable government to provide security and essential social services.

 

He reaffirmed the State Government’s recognition of labour as a critical partner in achieving its development blueprint, appreciating workers’ daily contributions to building a peaceful, secure, and prosperous Rivers State.

 

The governor urged the organised labour to use the occasion to reaffirm its commitment to the progress of the State, while continuing to advocate for democracy, social justice, and improved welfare for workers.

 

He also expressed gratitude to workers for their service to the State and the nation, encouraging them to remain steadfast in their contributions to development.

 

In his address, the State Chairman of the Nigeria Labour Congress, Comrade Alex Agwanwor, commended Fubara for his steadfastness, genuine commitment, and passion for workers in the State.

 

He highlighted key achievements of the administration, including the implementation of the National Minimum Wage Act, the renovation of the State Secretariat, the reopening of the Rivers State Transport Company (RTC), and the consistent payment of end-of-year bonuses to public workers.

 

Comrade Agwanwor noted that workers, as drivers of productivity, understand the challenges involved in building a prosperous Rivers State, stressing that they are well-equipped to contribute meaningfully to the growth and development of the State.

 

“We have resolved not to continue complaining and lamenting while challenges persist. Instead, we must take the initiative, step out of relative obscurity, and rediscover the mission and destiny of our dear state,” he said.

 

 

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Fubara Pledges Support For Corporate Organisations In Rivers …Says PPP Business Model Responsible For NLNG’s Success

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Rivers State Governor, Sir Siminalayi Fubara, has pledged the  continued  support of his administration for the Nigeria Liquified Natural Gas (NLNG) Limited.

Fubara gave the assurance while receiving the new Managing Director and Chief Executive Officer of the NLNG, Mr Adeleye Falade, who paid him a courtesy visit at Government House, Port Harcourt.

He assured that his administration would continue to contribute its own quota in support of the NLNG.

According to him, the success of the organisation is equally the success of the government of Rivers State and the success of the Federal Government.

“Our duty is to make sure that we support whoever is operating in our state. We are the ones here. If we don’t support you and you don’t succeed, we also will not succeed and Mr President will also not succeed.

“So, the success of your establishment is the success of our state, and overall success of Nigeria. So you can count on our support. Wherever you think  we need to come in to support you, please do not hesitate to call upon us.

“You just mentioned here that your predecessor left a handover note showcasing the level of support that he got from the state. It is not going to be different in your own case. I can  assure you that.  I will also ensure that other units of the government will  liaise with you when necessary. So even if you can’t get to me, you can always get to them and if there is anything we can do to help your establishment succeed, we will do it for you,” he said.

The governor attributed the success of the NLNG to the Public Private Partnership ( PPP) business model adopted by the Federal Government and the multinational oil companies.

The NLNG is jointly owned by Nigerian National Petroleum Corporation (NNPC) with 49%, Shell Gas B.V. with 25.6%, Total LNG Nigeria Ltd with 15%, and Eni International with 10.4%.

The partnership model allows for shared risks, costs, and expertise in the LNG sector.

The governor noted that the NLNG has not only survived the difficult business environment but has made sustained progress in the nearly three decades of its existence.

According to him, the decision of the Federal Government to allow the multinational oil companies who have the  needed expertise to run the establishment while government plays a supervisory role over it has largely been responsible for its  success.

“I’m very proud to say that if there is one establishment that has shown resilience, that has survived in the face of all the political issues prevalent in this country, it is the NLNG. And what is the reason? The reason is very simple. Government has no business in business. That is the truth. Leave the business for those people who can operate it. Let the government play its supervisory role to ensure that there is compliance with  the laws;  ensure that standards are maintained and also ensure that the right people with the needed  expertise are at the helm of affairs. That’s all. I think that is the reason why we still record a lot of successes in NLNG,” he said.

In his opening remark, the new NLNG boss, Mr Adeleye Falade, who led other top officials of the company on the visit, expressed appreciation to the governor for granting them audience, and appealed to the State Government to continue to support the organisation.

“We appreciate the opportunity to meet with you and deepen this important relationship.We deeply value the support the Rivers State Government continues to extend in fostering an enabling operating environment for businesses. NLNG remains deliberate in its contribution to Nigeria’s development, and Rivers State, our primary host, continues to be central to that commitment,” he said.

Falade said the company has continued to work with its host communities to strengthen their  capacity to identify, prioritise, and deliver sustainable development initiatives that create lasting impact.

According to him, communities including Amadi-ama, Abua, Ekpeye, Okrika, Kalabari, and Emohua have continued to benefit from this model.

He said that beyond community infrastructure, the NLNG  has sustained investments in economic empowerment through initiatives such as Vocational Innovation and Business Empowerment Scheme (VIBES) and  Micro Small and Medium Enterprise (MSME) schemes.

These, he said, were designed  to support small businesses, build capacity, and stimulate local enterprise across the state.

Among officials of the company who accompanied the Managing Director were General Manager, External Relations and Sustainable Development, Dr Sophia Horsfall; Manager, Government Relations, Mr Abdul Umar; Manager, Community Relations, Dr. Yemi Adeyemi; Head of Government Relations, Mr Mike Igoni; Head of Community Liaison and Engagement, Chief Ifeanyi Umeh.

Others are Technical Assistant to Executive Leadership, Mr Hassan Saleh; Senior Media and Publicity Advisor, Mr Emma Nwatu; Government Relations Advisor, Miss Homa Nmegbu; Senior Government Relations Advisor, Mrs Kate Allison, and Audio -Visual Advisor, Mr Dawood Ahmed.

 

 

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FG Reaffirms Nigeria’s Stability As US Embassy Suspends Visa Appointments In Abuja Office

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The Federal Government has reassured Nigerians and the international community of the country’s stability following a recent advisory by the United States authorising the departure of non-emergency personnel from its embassy in Abuja.

The Minister of Information and National Orientation, Mohammed Idris, stated this in a statement issued yesterday by his media aide, Rabiu Ibrahim.

According to the minister, public institutions across the country remain fully operational, with no disruption to governance, economic activities, or daily life.

This followed the decision of the United States Mission in Nigeria to suspend visa appointments at its Embassy in Abuja.

The mission’s decision was contained in a post shared on its official X handle, yesterday.

It stated, “U.S. Embassy Abuja is closed for visa appointments. Applicants should check their email for details on rescheduled appointments.”

The mission, however, clarified that visa operations at the U.S. Consulate General in Lagos remain ongoing.

The development comes amid a broader security advisory issued by the United States, which authorised the departure of non-emergency staff from its Abuja embassy and expanded its Nigeria travel blacklist to 23 states.

The State Department issued the authorised departure order on Tuesday, alongside an updated travel advisory that added Plateau, Jigawa, Kwara, Niger and Taraba to its highest warning category, “Do Not Travel.”

While the overall advisory rating for Nigeria remains at Level 3, “Reconsider Travel,” the department warned that some areas face increased risks due to crime, terrorism, unrest, kidnapping and limited healthcare availability.

According to the advisory, Americans are often targeted for kidnapping and robbery, while terrorist attacks continue to pose a threat across multiple locations, including markets, religious centres, hotels and public gatherings.

It also raised concerns about the state of emergency healthcare in the country, noting that hospitals often require immediate cash payments, ambulance services are unreliable and poorly equipped, and blood supply systems are inconsistent.

Medical facilities in Nigeria, the advisory said, generally do not meet United States or European standards, adding that evacuation may be necessary in medical emergencies.

The advisory further urged US citizens in Nigeria to enrol in the Smart Traveller Enrollment Programme, avoid large gatherings, vary their routines and maintain evacuation plans that do not depend on US government assistance.

It also recommended that individuals establish “proof of life” protocols with family members in the event of kidnapping.

The blacklist is divided into regional clusters. Borno, Kogi, Yobe and northern Adamawa remain under the terrorism, crime and kidnapping category, with the State Department warning that terrorist groups continue to plan and carry out attacks, sometimes in collaboration with local gangs.

For Bauchi, Gombe, Kaduna, Kano, Katsina, Sokoto and Zamfara, the advisory points to widespread banditry, communal clashes and kidnapping, while noting that security operations may occur without warning.

In the South-East and Niger Delta, states including Abia, Anambra, Bayelsa, Delta, Enugu, Imo and Rivers (excluding Port Harcourt) are flagged for crime, kidnapping and civil unrest, with armed gangs and violent protests posing significant risks.

The latest update added Plateau, Jigawa, Kwara, Niger and Taraba to the “Do Not Travel” list, citing the spread of insecurity into new regions, particularly in the Middle Belt where farmer-herder conflicts have intensified.

The advisory described the security situation in these newly added states as unstable and unpredictable, with counter-operations by security forces likely to occur without prior notice.

Idris, however, described the US advisory as a routine precaution based on internal protocols, stressing that it does not reflect the overall security situation in the country.

“While we acknowledge isolated security challenges in some areas, there is no general breakdown of law and order, and the vast majority of the country remains stable,” Idris said.

He noted that ongoing security operations have recorded measurable gains across several regions, attributing the progress to coordinated military efforts, intelligence-led interventions, and strengthened inter-agency collaboration.

“Our security agencies remain actively engaged in protecting lives and property, and the results of these efforts are increasingly evident,” he added.

According to the minister, recent operations have disrupted criminal networks, curtailed the activities of armed groups, and improved safety in vulnerable communities.

Idris also maintained that Nigeria remains open for business, travel, and investment, adding that ongoing economic reforms are strengthening investor confidence and enhancing the country’s global standing.

He said, “International partners and investors continue to engage actively with Nigeria, reflecting confidence in the country’s stability and long-term prospects.”

The minister urged foreign governments to ensure that their advisories reflect current realities and ongoing progress in the country.

“We encourage our international partners to continuously engage with Nigerian authorities to obtain a more comprehensive and current understanding of the situation on the ground,” he said.

The Federal Government reiterated its commitment to sustaining security improvements and ensuring the safety of citizens and visitors, assuring that Nigeria remains a safe and welcoming destination.

 

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