FAAC Shares N400bn Among Three Tiers of Govt
The Federation Account Allocation Committee at its monthly meeting in Abuja shared the sum of N400bn to the three tiers of government for the...
FAAC Distributes N386bn in December
The Federation Accounts Allocation Committee (FAAC) distributed the sum of N386.9 billion among the three tiers of government in December 2016, being the statutory...
NEITI: Nigeria Earned $55.5 billion from Oil and Gas in 2014
Nigeria earned $55.5 billion from the oil and gas sector and N55.82 billion from the solid minerals sector in 2014, the latest audit reports...
FAAC Disburses N386bn to FG, States, LGCs in November 2016
A total sum of N386.879 billon has been disbursed as Federal Allocation for the month of November 2016 for the Federal Government, State Governments...
Iron and Steel Imports Gulps N589.41 billion in 18 months- Investigation
The neglect and lack of political will to resuscitate the abandoned Ajaokuta Steel Company Limited (ASCL) and other inland rolling mills in the country...
FAAC Distributes N420bn in November
The Federation Accounts Allocation Committee (FAAC) distributed the sum of N420 billion among the three tiers of government in November this year, being the...
Nigeria’s Recession Worsens Despite Rising GDP in Agric, Solid Mineral
The latest report from the National Bureau of Statistics, NBS, says Nigeria’s Gross Domestic Product, GDP, has shrunk by 2.24 percent in the third...
FAAC Distributes N420bn In October
The Federation Accounts Allocation Committee (FAAC) distributed the sum of N420 billion among the three tiers of government in October this year, being the...
Budget Padding: Sanctioned “Padders” are Back to Work in Ministry
Budget Padding: President Muhammadu Buhari’s avowed determination to punish culprits who smuggled foreign items into the 2016 budget and who caused both national and...
FG, States, LGAs share N420bn for September
...As FAAC revenue down by N35.3bn
The federation accounts allocation committee(FAAC) shared the sum of N420 billion among the Federal, States and Local Governments for...
FAAC Distributes N510.2bn in September
The Federation Account Allocation Committee (FAAC) shared the sum of N510.27 billion among the three tiers of government in September this year, being the...
Army General Salary is N20.6M Annually-Report
The annual salary of an Army General, Naval Admiral or Air-Chief Marshal in the Nigerian military is N20.69 million, or N1.72 million monthly, Economic...
Remuneration for CJN, Other Judicial Officers hit N33.47bn
The Chief Justice of Nigeria(CJN), federal judicial officers and State Judicial officers have in the last one year guzzled the sum of N33.47 billion...
FAAC Shares N510.27bn for FG, States and LGs in September 2016
The Federation Account Allocation Committee FAAC distributed the sum of N510.27 billion among the three tiers of government in September 2016.
The distributed amount is...
Salaries Worth N2.29bn Paid to Buhari, Osinbajo and Others
Substantial cuts in the salaries of both President Muhammadu Buhari and Vice-President Professor Yemi Osinbajo earlier announced when the duo came to office last...
Inflation Climbs to 17.6 % in August 2016
The National Bureau of Statistics (NBS) has said that Consumer Price Index (CPI) which measures inflation has further climbed five notches as it hit...
FAAC Distributes N493.8 Billion in August
The Federation Account Allocation Committee (FAAC) shared the sum of N493.8 billion among the three tiers of government in August, this year being the...
Salary Breakdown: How Senators, Reps Earn N6.78bn Annually
At a time Nigerians are groaning under the yoke of recession, Members of the National Assembly (NASS) comprising the Senators and Members of House...
Debts: FG Deducts N32bn from States’ Allocations
... Debts on Bail-Out, AMCON, Foreign Loans, Bonds, Commercial Agric
... Osun, Bayelsa, 4 other States in Critical conditions
The Federal Government has deducted a total...
FAAC Table: The Sharing of N691bn to FG, States, LGCs in July 2016
The Federation Account Allocation Committee (FAAC) shared a total sum of N691bn in the month of July representing allocation for June 2016. Of the...
