'NNPCL Remitted Zero Allocation To Federation Account In 2022'   The Nigerian National Petroleum Company Limited (NNPCL) remitted literally zero funds to the Federation Account in 2022 due to the payment of subsidy on Premium Motor Spirit, popularly called petrol, the Chief Financial Officer, NNPCL, Umar...

Reps To NSIA: Present Your Budget Or Get Zero Allocation In 2022     The House of Representatives’ Committee on Finance has vowed to block allocation to Nigerian Sovereign Investment Authority if it fails to present its 2022 budget proposal to the National Assembly for consideration and...

Communications Ministry Gets N129.59bn Allocation In Six Years   The Federal Ministry of Communications and Digital Economy was allocated a total of N129.59bn in six years, according to an analysis of budget details. The ministry was allocated N15.99bn in 2016; N19.33bn in 2017, and N19.77bn in 2018. The...

FG, States, LGs Record N413.3bn Allocation Shortfall   The three tiers of government suffered a shortfall of N413.3bn in allocation from the federation account within a two-month period covering January and February this year. The shortfall was arrived at on an analysis of the difference between the...

FG Cuts 2020 Federation Account Allocation By N2trn To N9.7trn     The allocation from the federation account to the three tiers of government would witness a massive decline of N2.01tn going by the projections of the Federal Government. The amount is contained in the Medium Term Expenditure...

N43bn Recorded As Short As FG, states, LGs Get FAAC Allocation   The Federation Account Allocation Committee on Thursday night distributed N698.71bn to the three tiers of government as September allocation. The amount represents a decline of N43.13bn over the N741.84bn shared in August. The amount was shared...