NNPC Spends N1.53trn On JV Oil Assets, Priority Projects     The Nigerian National Petroleum Corporation spent a total of N1.53tn on oil and gas assets being developed through joint ventures with private firms as well as priority projects in 2020. The NNPC, which represents the Federal Government...

FG, States, LGs Shared N619.343bn For December, 2020         The Federation Accounts Allocation Committee on Wednesday at its virtual meeting shared a total sum of N619.343bn as federation allocation for the month of December 2020 to the three tiers of government. From this amount, the Federal Government...

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         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...

FAAC Shares N601.110bn Nov 2020 Revenue to FG, States and LGs The Federation Accounts Allocation Committee (FAAC) has shared a total of N601.110 billion November 2020 federation account revenue to the Federal, States and Local Government Councils and agencies. This was announced after the Federation Account Allocation Committee...

Nigeria To Earn More Oil Revenue In 2020 Than Estimated - NEITI       Nigeria has surpassed the amount of revenue it planned to earn from its amended 2020 budget and could earn more before the year ends, the Nigeria Extractive Industries Transparency Initiative (NEITI) has stated. The...