FAAC: FG, States, LGs Share N821.86bn For June The Federation Accounts and Allocation Committee (FAAC) at its July meeting shared the total sum of N821.86 billion as revenue for the month of June 2018, between the Federal, States and Local Government Areas. In a communiqué issued...

AuGF: How FIRS, DPR Were Overpaid N837bn In 1 Month   Monies, the report revealed, were moved from the Stabilisation Account for States and the Federal Government by the Presidency for the establishment of an Army Barracks and another sum as investment in the Sovereign Wealth...

FG, States LGs Share N668.89bn For May 2018 The Federal , States and Local Governments in the country share a total of N668.89 billion for the Month of May, 2018 which was supposed to be done in th June this year. Owing to disagreement on remittances...

FAAC To Probe N90bn Revenue Underpayment By FIRS   The Federation Account Allocation Committee has expressed its readiness to probe the N90bn allegedly underpaid into the Federation Account by the Federal Inland Revenue Service. The Chairman, Commissioners’ Forum of FAAC, Mahmood Yunusa, said this in a chat...

We Will Focus On FIRS, Customs After NNPC– FAAC Chairman, Forum of Finance Commissioners, Mr. Mahmood Yunusa, has disclosed that once they are done with the under remittances issue with the Nigerian National Petroleum Corporation (NNPC), the forum will beam its searchlight on the books...

Reps Probe N100bn Underpayment By NNPC   The House of Representatives has ordered an investigation into the alleged underpayment of over N100bn to the Federation Account by the Nigerian National Petroleum Corporation. On account of the non-remittance from crude oil sale proceeds, the monthly Federation Account Allocation...