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Atiku Advises FG to Live More on Taxes

Former Vice President, Alhaji Atiku Abubakar called on the federal government to live on taxes the way advanced democracies do instead of relying on oil revenue. Atiku stated this while speaking at the investiture ceremony of the nineth President and Chairman of Council of Chartered...

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 amount N528.8bn represents Statutory allocation, N79bn represents Monetary Exchange Gain difference, N6bn for NNPC Refund to FG, N9.92bn for Solid...

Govs beg Buhari to share funds in Excess Crude Account 

The 36 state governors have told President Muhammadu Buhari to approve the sharing of funds in the Excess Crude Account (ECA) among the three tiers of government in order to improve the liquidity position of the states. Currently, the ECA, which was set up when...