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Monday, May 20, 2019

FAAC Distributes N600bn For July

Persistent lowering prices of crude has continued to have negative impact on Nigeria’s federation account as federal government, states, local governments, Federal Inland Revenue...

FAAC Distributes N472bn In June 2015

The meeting of the Federation Account Allocation Committee (FAAC) in June 2015, a total sum of N472bn was disbursed to the tiers of government....

FAAC Shares N485.4bn For August 2015

The Federation Account Allocation Committee (FAAC) has shared the sum of N485, 497,884,320 among the three tiers of government for August 2015 as against...

Devaluation Shores Up FAAC Figures To N625.4B

A total of N625,460,092,581 was shared among beneficiaries of the federation accounts last month for the for the month of February 2015. This is...

FAAC Distributed N509.225bn Not N388.339bn In April

One year after prices of crude plummeted in the international market, there seems little respite for nations depending mainly on the black gold as...

FAAC Distributes N693.0bn For January 2015

The Federation Account Allocation Committee (FAAC) shared a total sum of six hundred and ninety three billion, eight hundred and eighty two million, one...

FAAC Distributes N459, 753bn for March

The Federation Account Allocation Committee (FAAC) meeting for April 2015 was held in Abuja amidst panic over continuous down sliding of oil revenue and...

Facts& Figures

FAAC Stakeholders Share N545. 88b …As Yuguda Insists Nigeria Not Broke … Excess Crude Account Thins To $2.60b By Moshood Isah and By Yusuf An-Nuphawi   Minister of State...

Facts and Figures on Salaries and Allowances of Legislators in Nigeria

  As Nigerians debate over the allegation of Jumbo pays for legislators in the country and and more enquiries being made on the actual and legimitate...

N52.3b Transferred Into Excess Crude Account

As Federation Account Disburses N741.06b For November 2014 A total of N741,065,009,136.7 accrued into the Federation Account for the month of October 2014 and was...

Dollar and Duty Tour Allowance for Legislators in Nigeria and Other Privileges

Because of popular demands of Nigerians to know the actual and official duty tour allowances for local and foreign travels of their legislators at federal,...

Major Debtors of Afribank

AFRIBANK PLC  MAJOR DEBTORS AS AT MAY 31, 2009   KOLVEY COMPANY LIMITED                               ...

List of Bad Debtors in Federal Mortgage Bank of Nigeria (FMBN)

FEDERAL MORTGAGE BANK OF NIGERIA PMB 2273, Central Business District, Abuja   ...
NBS National Bureau of Statistics

Nigeria inflation rate edged to 9.3% in August – NBS

The National Bureau of Statistics (NBS) on Monday said Nigeria inflation rate edged higher to 9.3 percent in August, compared with the 9.2 percent...

RMAFC Wants Restructure Of FAAC Management

Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Mr. Elias Mbam has told a delegation of the Oversight Constitutional Implementation Committee of...

Nosedive As FAAC Shares N826.6b For July

This certainly will not be the best of times for state governors and other political office holders as accruals into the federation account took...

2009 Nominees for Nigeria National Honours Award

  The Federal government has released the list of recipients for 2009 National Honours Awards containing names of the good and surprising personalities....

FG Names Members Niger Delta and Federal Project Assessment Committees

Acting President Goodluck Jonathan has approved the reconstitution of the Presidential Monitoring Committee on the Niger Delta Development Commission (NDDC) and also...

Major Debtors of Union Bank

JANUARY 2009 UNION BANK  MAJOR DEBTORS AS AT MAY 31, 2009   TRANSNATIONAL CORP.PLC                                      ...

FAAC: The Sharing of N266bn Statutory and VAT Allocation in Nov 09

  The Sharing of N266bn Statutory VAT Allocation Gross summary of Statutory Revenue...