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Tuesday, August 4, 2020

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 Shares N630.732Bn in July

Good times may just be here for beneficiaries of the federation account as there was relative increase in the distributable revenue for the month...

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....

Federal Allocation For The Month Of May 2015 Is N418.452billion.

The Federal Government, State governments and Local government Councils have shared a total of N418.452billion as Federal allocation for the month of May, 2015.A...

Exclusive: How Jonathan, NASS Killed Yar’Adua’s 2009 Salary Review Efforts

17,474 Political Officers Earn N1.1 trillion annually Salaries and allowances for political office holders have always been problematic in Nigeria. In 1979, as soon as...

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 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...

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...

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...

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...

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...

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...

Excess Oil Revenue: How They Share N26bn for SURE-Project

Excess Oil Revenue: How They Share N26bn for SURE-Project The sum of N N26, 193,078,616.41 was shared at the meeting of the Federation Account Allocation...

NNPC 10th Refund: How they shared N7.61bn in June 2012

NNPC 10th Refund: How they Share N7.61bn in June 2012At the meeting of the Federation Account Allocation Committee (FAAC) in June 2012, a total...

domestic excess crude : : How They Share N9.35bn in June

Domestic Excess Crude: How They Share N9.35bn in June 2012The Economic Confidential magazine provides below how a total sum of N9, 356,157,075.02 was shared...

Federation Account: How They Share N647 bn in June 2012

  The Economic Confidential magazine provides here the distribution of a total sum of N647 billion being the statutory and VAT allocations shared to...

Federation Account : How They Shared 693bn in May 2012

The Economic Confidential magazine provides here the distribution of a total sum of N693 billion being the statutory and VAT allocations shared to all...

NNPC Refund : How They Shared N 7,6bn in May 2012

The Economic Confidential provides here the breakdown on how a total sum of N7, 617,431,250.00 was distributed to States and Local Government Councils being...

Federation Account: How They Share: N796 in April 2012

The Economic Confidential magazine provides here the distribution of a total sum of N796 billion being the statutory and VAT allocations shared to all...
Live Covid-19
United States 4,900,360
Cases: 4,900,360
Deaths: 159,846
Recovered: 2,463,983
Active: 2,276,531
Brazil 2,759,436
Cases: 2,759,436
Deaths: 95,078
Recovered: 1,912,319
Active: 752,039
India 1,906,613
Cases: 1,906,613
Deaths: 39,820
Recovered: 1,281,660
Active: 585,133
Russia 861,423
Cases: 861,423
Deaths: 14,351
Recovered: 661,471
Active: 185,601
South Africa 521,318
Cases: 521,318
Deaths: 8,884
Recovered: 363,751
Active: 148,683
Mexico 443,813
Cases: 443,813
Deaths: 48,012
Recovered: 295,677
Active: 100,124
Peru 433,100
Cases: 433,100
Deaths: 19,811
Recovered: 298,091
Active: 115,198
Chile 362,962
Cases: 362,962
Deaths: 9,745
Recovered: 336,330
Active: 16,887
Spain 349,894
Cases: 349,894
Deaths: 28,498
Recovered:
Active: 321,396
Colombia 327,850
Cases: 327,850
Deaths: 11,017
Recovered: 173,727
Active: 143,106
Iran 314,786
Cases: 314,786
Deaths: 17,617
Recovered: 272,535
Active: 24,634
United Kingdom 306,293
Cases: 306,293
Deaths: 46,299
Recovered:
Active: 259,994
Saudi Arabia 281,456
Cases: 281,456
Deaths: 2,984
Recovered: 243,713
Active: 34,759
Pakistan 280,461
Cases: 280,461
Deaths: 5,999
Recovered: 249,397
Active: 25,065
Italy 248,419
Cases: 248,419
Deaths: 35,171
Recovered: 200,766
Active: 12,482
Bangladesh 244,020
Cases: 244,020
Deaths: 3,234
Recovered: 139,860
Active: 100,926
Turkey 234,934
Cases: 234,934
Deaths: 5,765
Recovered: 218,491
Active: 10,678
Germany 212,331
Cases: 212,331
Deaths: 9,232
Recovered: 194,700
Active: 8,399
Argentina 206,743
Cases: 206,743
Deaths: 3,863
Recovered: 94,129
Active: 108,751
France 192,334
Cases: 192,334
Deaths: 30,296
Recovered: 82,166
Active: 79,872
Iraq 134,722
Cases: 134,722
Deaths: 5,017
Recovered: 96,103
Active: 33,602
Canada 117,333
Cases: 117,333
Deaths: 8,953
Recovered: 101,839
Active: 6,541
Indonesia 115,056
Cases: 115,056
Deaths: 5,388
Recovered: 72,050
Active: 37,618
Philippines 112,593
Cases: 112,593
Deaths: 2,115
Recovered: 66,049
Active: 44,429
Qatar 111,538
Cases: 111,538
Deaths: 177
Recovered: 108,254
Active: 3,107
Egypt 94,640
Cases: 94,640
Deaths: 4,888
Recovered: 44,066
Active: 45,686
Kazakhstan 93,820
Cases: 93,820
Deaths: 1,058
Recovered: 65,132
Active: 27,630
Ecuador 87,963
Cases: 87,963
Deaths: 5,808
Recovered: 70,985
Active: 11,170
China 84,464
Cases: 84,464
Deaths: 4,634
Recovered: 79,030
Active: 800
Bolivia 81,846
Cases: 81,846
Deaths: 3,228
Recovered: 24,510
Active: 54,108