A recent review of statutory allocations to Local Governments across Nigeria from 2017 to 2023 has revealed that Local Governments in Lagos State are the top beneficiaries, with Alimosho Local Government Area receiving the highest allocation nationwide.
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According to data published by BudgIT, a social accountability firm, Alimosho Local Government Area received a total of N55.04bn, averaging N9.17bn annually, followed by the Abuja Municipal Area Council in the Federal Capital Territory, which received N44.33bn, averaging N7.38bn per year.
Other Lagos Local Governments dominating the top tier include Ajeromi/Ifelodun, Kosofe, Oshodi, Ojo, and Mushin.
In contrast, Atakumosa East LGA in Osun State received the least statutory allocation, totaling N9.98bn, with an average of N1.66bn per year.
The Federal Account Allocation Committee distributes federal revenue to all 36 states and 774 local governments monthly to drive development and support governments in fulfilling their obligations.
Advocates argue that financial autonomy would empower local governments to manage resources more effectively, fostering development and reducing over-centralisation.
