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FG, States, LGs Share N714.629bn March FAAC Revenue

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The Federation Account Allocation Committee has shared a total sum of N714.629 billion as March 2023 Federation Account Revenue to the federal, state and local governments.

This is contained in a communiqué issued at the end of April 2023 FAAC’s meeting.

The amount includes gross statutory revenue, value-added tax, exchange gain, and electronic money transfer levies.

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The Federal Government received N276.141 billion, state governments received N232.129 billion while local governments got N171.257 billion, and a total sum of N35.102 billion was shared to the relevant states as 13 per cent derivation revenue.

READ ALSO: JUST IN: FG, States, LGs Share N722bn Federal Allocation

The Director, Press and Public Relations Office of the Accountant General of the Federation, Bawa S. Mokwa disclosed this in a statement on Wednesday

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He said, “The N714.629 billion total distributable revenue comprised distributable statutory revenue of N497.448 billion, distributable Value Added Tax revenue of N202.693 billion and Electronic Money Transfer Levy of N14.488 billion”.

He noted that, in March 2023, the total deductions for the cost of collection was N31.355 billion and the total deductions for transfers, refunds and consultancy fees was N126.567 billion.

In March 2023, the gross revenue available from the Value Added Tax was N218.786 billion. This is lower than the N240.799 billion available in February 2023 by N22.013 billion.

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READ ALSO: FG, States, LGs Share N990.2bn For December [SEE BREAKDOWN]

The federal government received N30.404 billion, the state governments received N101.347 billion and the LGAs received N70.943 billion from the N202.693 billion distributable Value Added Tax revenue.

Mokwa added that the balance in the Excess Crude Account was $473,754.57.

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A further breakdown of the figure indicated that gross statutory revenue of N638.673 billion was received for March 2023, and this is higher than the sum of N487.106 billion received in the previous month by N151.567 billion.

The communique added that N497.448 billion was distributable statutory revenue, the Federal Government got N243.564 billion, the State Governments received N123.539 billion and the Local Government Councils received N95.243 billion.

READ ALSO: FAAC: FG, States, LGAs To Share N725.571bn For Month Of March

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The sum of N35.102 billion was shared to the relevant States as 13% derivation revenue.

A total of N14.488 billion Electronic Money Transfer Levy was shared as follows: the Federal Government received N2.173 billion, the state governments received N7.244 billion and the LGA got N5.071 billion.

The communiqué added that in March 2023, Petroleum Profit Tax, Companies Income Tax, Oil and Gas Royalties, Import and Excise Duties, and Electronic Money Transfer Levy increased remarkably while Value Added Tax decreased considerably.

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Edo To Immortalise Late IGP Solomon Arase

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The Edo State Government is set to immortalise the late Inspector General of Police, Solomon Arase, who is an indigene of the state.

Governor of the state, Monday Okpebhole, disclosed this on Saturday while receiving the body of the late Arase at the Benin Airport.

Represented by his Chief of Staff, Gani Audu, Okpebholo described late Arase as “one of the finesse police officers and lawyers we have in Edo State,’ adding that “losing him at this time that the Nigeria Police Force and the country in general need him is not good for us”.

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“As a State Government, we will work with the family to see how we can Immortalize him. He was a great son of Edo State.

READ ALSO:Security Destroys Suspected Kidnappers’ Camps In Edo

It is very painful to the government and people of Edo State but we are consoled with the good life he lived”.

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Okpebholo described Arase as a team player and a man that was always willing to help.

It is painful that we lost somebody who always listens to every complaint and tries as much as possible to solve them”.

He, however, prayed to God to give the family the fortitude to bear the loss, assuring that the government will do all that it can to support his family.

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Edo Activist In Police Net Over Alleged Assault On Abure

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Edo-based activist, Precious Oruche, popularly known as “Mama Pee”, has been detained following a heated confrontation with the factional National Chairman of the Labour Party (LP), Julius Abure, at the Abuja Airport.

The incident, which had since gone viral, had sparked controversy and conflicting accounts from both parties.

According to reports, the saga began at the Nnamdi Azikiwe International Airport in Abuja, where Mama Pee allegedly confronted Abure as he prepared to board a Max Air flight to Benin.

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Eyewitness accounts said the activist approached Abure and accused him of being responsible for the hardships Nigerians are currently facing.

“Is this not Julius Abure? You’re the one frustrating Nigerians,” she reportedly told Abure in a confrontational manner.

READ ALSO:JUST IN: Supreme Court Nullifies Judgment Recognising Abure As LP National Chair

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Abure was responding by saying ‘how can…’ when Mama Pee interjected, saying, “In case nobody has told you, you’re the one frustrating Nigerians. Are you not Julius Abure? What are you now doing with Labour Party? Police are looking for you. You’ve destroyed the Labour Party, and you’re entering an aeroplane? May God punish all of you.”

Arriving at the Benin Airport, things took a more violent dimension as Mama Pee was allegedly attacked by a group of young men believed to be thugs loyal to Abure.

A video circulating online shows a scuffle at the airport’s exit, with several individuals attempting to drag the activist, before security and immigration officials stepped in.

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Speaking in one of the video recordings, Mama Pee claimed she was assaulted by the group.

“Look at them oh!!! See them oh!!! They want to beat me after I told Julius Abure that he is the one frustrating the lives of Nigerians, and then he brought thugs. He brought thugs to harass me. Look at them, can you see them,” she exclaimed.

READ ALSO:Why LP Zoned 2027 Presidential Ticket To S’East – Abure

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She further alleged, “I saw Julius Abure of Labour Party inside the Max Air, and I told him that you are the one frustrating the lives of Nigerians. You sold Labour Party, and then he called his thugs to wait for me at the airport in Benin.”

Another activist, Peter Akah—widely known as ‘Peter for Nigeria’—released a video calling for Mama Pee’s immediate release.

He appealed to Edo State governor, Monday Okpebholo, and the Edo State Commissioner of Police, Monday Agbonika to intervene.

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Akah argued that the activist, who he described as a victim of political violence, had been wrongly turned into a suspect by the police.

Meanwhile, the Abure-led faction of the Labour Party has issued its own version of events, condemning what it termed an “unwarranted attack” on their chairman.

READ ALSO:Obi: Concerns as factional LP Chair, Abure, Visits Wike

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In a statement released by the National Publicity Secretary, Obiora Ifoh, the party claimed Mama Pee accosted Abure at the Abuja airport in an unprovoked manner while he was boarding his flight to Benin.

The assault, which attracted a large population of onlookers, continued unabated on disembarkment at the Benin Airport while she continued recording the scene,” Ifoh stated.

He added that Abure had to be quickly escorted to safety by security agents, while the activist was handed over to police for questioning.

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The statement further alleged that Mama Pee, who is described as a known figure in the ‘Obidient’ Movement, bragged in one of her videos about her connections to top police officers.

“She vowed that she will not stop attacking Abure or any member of the Labour Party executive because according to her, ‘you have killed Labour Party and you are the reason why Obi is no longer in the Labour Party,’” Ifoh said.

He called for a thorough probe, just as he urged the Inspector General of Police to look into what they termed cyberbullying and political provocation.

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As of the time of filing this report, attempts to get a comment from the Edo State Police Public Relations Officer, SP Moses Yamu, were unsuccessful as calls were neither answered nor returned.

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Educationist Gets Guinness World Record For Largest Teachers’ Gathering

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Nigerian teacher and education advocate, Mr Seyi Anifowose, has officially entered the Guinness World Records for convening the largest gathering of teachers in history, a feat achieved at the “Let There Be Teachers Conference 2025” held on September 20 at Tafawa Balewa Square, Lagos.

A statement by 1 Million Teachers on Friday said the confirmation was announced via a Zoom call on Wednesday, September 23, by Rishi Nath, a representative of Guinness World Records.

Nath commended Anifowose and his team for drawing global attention to an issue that, according to him, “should be on the front burner of policy and dialogue nationally.”

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The record-setting event, powered by 1 Million Teachers, drew an unprecedented number of educators from across Nigeria.

READ ALSO:VIDEO: ‘New Record’, Guinness World Record Confirms Hilda Baci’s Largest-serving Of Jollof Rice

Organisers had projected attendance of 60,000 teachers, underscoring both the scale of the mobilisation and the urgency of the message: that Nigerian teachers deserve greater recognition, welfare, and policy support.

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“This is more than a number. It is proof that teachers matter. It is a victory for education, and it is a victory for Nigeria,” said Anifowose.

He explained that the choice of Tafawa Balewa Square carried symbolic weight. He said, “It was the same ground where Nigeria declared independence in 1960, and its use for the conference marks another proud national moment—this time celebrating those who build nations in classrooms.”

Anifowose admitted that achieving the milestone was not without challenges.

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READ ALSO:Canada-based Nigerian Sets Guinness World Record For Longest Leadership Lesson

“This is not just about breaking a record. It is about resilience. Teachers stood in the rain, braved the sun, and endured long verification lines but refused to back down just to achieve this record,” he noted.

He expressed gratitude to Governor Babajide Sanwo-Olu of Lagos State for hosting the event and to his home-state governor, Abiodun Oyebanji of Ekiti State, for his encouragement.

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He also thanked teacher unions and education agencies at both state and federal levels for their support in ensuring the conference’s success.

Beyond the record, Anifowose emphasised that the next phase would focus on policy advocacy. He revealed plans to engage the National Assembly on reforms aimed at improving Nigeria’s education system and boosting teachers’ welfare.

READ ALSO:Customs Seize N905m Rolls Royce, Other Contrabands In Ogun

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Nigeria’s education sector has long grappled with underfunding, poor infrastructure, and low teacher morale.

According to UNESCO, the country faces one of the world’s most severe teacher shortages, with many classrooms overcrowded and educators underpaid.

Stakeholders have repeatedly called for reforms to strengthen the sector, improve teacher training, and make the profession attractive to younger generations.

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By securing this world record, Anifowose hopes to transform symbolic recognition into tangible change for teachers nationwide.

(PUNCH)

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