FAAC: Debt Servicing Gulps Allocation For Ondo, Osun, Two Others
Most of the Federal Accounts Allocation Committee funds for Osun, Ondo, Kaduna and Cross Rivers states will be used in servicing debts this year.
The states, as indicated in their 2024 budget may have to rely...
COVID-19: States’ IGR, Allocations Crash By N180.4bn
State governments may be currently grappling with varying degrees of financial concerns, following the N180.4bn crash in their internally generated revenues and the allocations they received from the Federation Accounts Allocation Committee.
An analysis of various IGR and FAAC...
FG, States, LGs Share N769.523bn As Allocations For July
The Federation Accounts Allocation Committee on Thursday shared a total of N769.52bn to the three tiers of government for the month of July 2019.
The amount was shared at a meeting which held at the headquarters of...