Tag: FAAC

Mega FAAC Allocations: How FG, States, LGcs shared N8tr in 2018

A new report by the Economic Confidential has disclosed that the Federal

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FAAC: FG, States, LGs share N619.85bn as revenues for Feb

The Accountant-General of the Federation (AGF), Ahmed Idris, on Wednesday said the

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ECA declines by $1.68bn in three weeks to fund Paris Club refunds

Controversy trailed Wednesday’s revelation by the Federation Accounts Allocation Committee (FAAC) that

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No state can fund its budget with IGR, FAAC allocation, says NEITI

No state in the country can finance its annual budget with its

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95% of states can’t pay N30,000 minimum wage, says Ebonyi gov

Gov. David Umahi of Ebonyi State says 95 percent of states in

Anslem Okoro Anslem Okoro

$22.06bn, N481.75bn not remitted to FAAC, says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says that the $22.06 billion

Adejoke Adeogun Adejoke Adeogun

Nigeria’s Excess Crude Account stands at $2.09bn – NEC

The National Economic Council (NEC) says Nigeria’s Excess Crude Account stood at

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Bayelsa posts N4bn as balance of funds for September, declares N1bn IGR

The Bayelsa Deputy Governor, Rear Admiral Gboribiogha John Jonah (rtd) on Tuesday

Kenneth Ibinabo Kenneth Ibinabo

FAAC: Federation revenue increases by N27.04bn in August

Federal, states and local governments on Wednesday shared N741.84 billion as revenue

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FAAC: Federation revenue declined by N107bn in July

Federal, states and local governments on Thursday shared N714.8 billion revenue generated

Adejoke Adeogun Adejoke Adeogun