By Abdulfatah Babatunde
Lagos, March 28, ’25 (TNZ) The Tinubu Media Support Group (TMSG) say it is optimistic that all tiers of government will get more federal allocations in 2025, following the disbursement of N1.7 trillion for January.
The group said this affirms President Bola Tinubu’s position on the successful deployment of his administration’s economic policies.
TheNewsZenith reports that the group said this in a statement that Nigerians would be justified to demand more democratic dividends from their state governors this year.
“The latest allocation of N1.703 trillion from the federation account to the three tiers of government comes on the back of a total gross revenue of N2.641 trillion in January.
“This disbursement is not only more than that of previous months. It also exceeded the January 2024 allocation of N1.149 trillion by more than N554 billion.
“It is nearly N1 trillion more than what all the three tiers of government shared in January 2023,” TMSG stated.
The group stated that the increased allocation was a direct consequence of the policies of the President Bola Tinubu administration.
“Anyone in doubt should take a second look at the country’s monthly revenue since May 2023.
“The revenue has constantly recorded quantum leaps over what the Tinubu administration inherited,” TheNewsZenith quotes from the statement.
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In addition, it noted that the monthly reports from the Federation Account Allocation Committee (FAAC) also showed regular increases in taxes and other revenue sources.
“Now that the country is on the verge of amending its tax laws, we are convinced that all tiers of government would continually get more federal allocations.
“The amendments focus more on expanding the tax net than burdening the people with additional taxes.”
TMSG, however, expects Nigerians to demand fiscal responsibility from the sub-nationals with the increase in allocations.
“It is not too much that citizens should ask questions from their leaders on how the nation’s resources are managed.
“With more funds, Nigerians should pay more attention to how states and local governments spend their money.
“This is the time to demand good governance, probity, transparency and accountability in the use of public funds.
“This is more so, now that the local governments have financial autonomy,” the group state. (TNZ)
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