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LOCAL GOVERNMENT ALLOCATIONS
The Nigeria Labour Congress (NLC) in Osun State has declared a three-day strike over the continued withholding of statutory allocations meant for local government councils in the state.
Nigeria’s 774 local governments received a total net allocation of N4.3 trillion from the Federation Account between January and August 2026, according to data compiled by Nairalytics, the research arm of Nairametrics.
The NFIU yesterday, disclosed that all LG allocations should go straight to the various bank accounts, and set a daily limit cash withdrawal of N500,000.