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Federation Account: How FG, States Shared N7.23tr in 2020 Plus Table

Federation Account: How FG, States Shared N7.23tr in 2020 … FG Received N3.04 tr, States/LGCs Got N4.18tr …Highest Allocations: Lagos N299bn, Delta N247bn, Akwa-Ibom N212bn, Rivers N198bn, Kano N174bn …Lowest Allocations: Gombe, Ebonyi, Nasarawa, Ekiti and Kwara Received less than N80bn each A new report by Economic...

7 Nigerian Women of Substance who made the Headlines in 2020

7 Nigerian Women of Substance who made the Headlines in 2020         As we celebrate Nigerian women who made the headlines in 2020, UN Women in Nigeria defined the Nigerian woman as "a symbol representing – courage, strength, resilience, hope, tenacity and transformational power." Realising Women's Rights...

Nigerian Equities Record N6.48trn Gain In 2020

Nigerian Equities Record N6.48trn Gain In 2020         Amid the COVID-19 pandemic and economic recession, Nigerian equities played the full contrarian to close 2020 with net capital gain of N6.48 trillion. While the details of global market closing positions are being awaited, there are indications that Nigeria...

FAAC Allocation In 2020 Not Bad

FAAC Allocation In 2020 Not Bad         Federation Accounts Allocation Committee (FAAC) revenue to the Federal Government, 36 states and 774 local governments fell by just five percent to N7.14 trillion in eleven months (January to November) from N7.46 trillion in the same period of 2019. Going...

How We Created Opportunities Out Of Year 2020 Challenges — NNPC

How We Created Opportunities Out Of Year 2020 Challenges — NNPC         The year 2020 is a year like no other. A year that threw up a health challenge which brought the whole world to its knees. The coronavirus pandemic precipitated the lockdown of social and economic...

FG, States, LGs share N604.004 bn for October, 2020

FG, States, LGs share N604.004 bn for October, 2020. The Federation Accounts Allocation Committee (FAAC), Wednesday at its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Alh. Aliyu Ahmed shared to the three tiers of government, a total sum...