NNPC Vs FAAC: Buhari Intervenes in Controversy
President Muhammadu Buhari has offered to intervene in the disagreement between the Federation Account Allocation Committee (FAAC) and the Nigerian National Petroleum Corporation (NNPC). This disagreement had frequently disrupted the monthly Federation Allocation disbursements.
It was gathered from sources...
FAAC Meeting deadlocked over Disagreement
June salaries of federal and states civil servants across the country may not be paid on time as the Federation Account Allocation Committee (FAAC’s) technical session held in Abuja was abruptly adjourned on account of Nigerian National Petroleum Corporation (NNPC)...
FG, States LGs Share N635.55bn Allocation for January 2018
The total sum of N635.55 billion has been shared as FAAC allocation among the Federal, States and Local Government Councils as revenue for the month of January 2018.
Speaking to newsmen at end of the meeting of...
FAAC: FG, 36 States Share N2.56 tr in 6 Months- Investigations
....Akwa Ibom, Lagos, 8 Others top list
....Gombe, 5 Others get lowest allocations
The Federal government, thirty-six states of the federation and the Federal Capital Territory (FCT) have so far shared the sum of N2.56 trillion...
FAAC Table: The Sharing of N652bn to FG, States, LGCs in July 2017
The Federation Account Allocation Committee (FAAC) shared a total sum of N652bn at its monthly meeting held in July 2017.
In a document obtained by the Economic Confidential, the economic intelligence magazine, the...
Annual State Viability Index: 36 States Generate N801bn of IGR Against N2.6trn from Federation Account
Lagos Generates More IGR than 30 States Combined …
Economic Viable States: Lagos, Ogun, Rivers, Edo, Kwara and Delta States
Poor IGR States: Borno, Ebonyi, Kebbi, Jigawa
The Economic Confidential, the award winning...
