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Nigeria Exported $4.47bn Crude, FAAC Got N1.83trn — NNPC

Nigeria Exported $4.47bn Crude, FAAC Got N1.83trn — NNPC     The Nigerian National Petroleum Corporation on Sunday put the worth of crude oil and gas exported from Nigeria between May 2019 and May 2020 at $4.47bn. It also stated that the corporation remitted a total of N1.83tn...

ASVI 2019: States Generate N1.3tr IGR Against N4.4trn from Federation Account

2019 Annual States Viability Index ASVI: FCT, 36 States Generate N1.3tr IGR Against N4.4trn from Federation Account Allocation … Lagos Generates More IGR than 20 States Combined …. RICH/Economic Viable States: Lagos, Ogun, Rivers, Kwara, Kaduna, Enugu States … INSOLVENT/Poor IGR States: Katsina, Kebbi, Borno, Bayelsa, Taraba...

FG, states, LGs Share N651.18bn For June

FG, states, LGs Share N651.18bn For June   The Federation Account Allocation Committee has shared a total of N651.18bn as June 2020 federation account revenue to the federal, states and local governments councils, as well as other relevant agencies in Nigeria. According to the Office of the...

Federation Account: How FG, States, LGcs Shared N7.8tr in 2019… Delta, Lagos and Kano Top

Federation Account: How FG, States, LGcs Shared N7.8tr in 2019 … FG Received N3.38tr, States/LGCs Got N4.41tr  ...Highest Allocations: Delta N282bn, Lagos N270bn, Kano N181bn ...Lowest Allocations: Ekiti, Nasarawa, Ebonyi Received less than N80bn each A new report by the Economic Confidential has disclosed that the Federal...

NNPC Remits N1.7trn To FAAC In One Year

NNPC Remits N1.7trn To FAAC In One Year   The Nigerian National Petroleum Corporation (NNPC) paid about N1.7 trillion to the Federation Account Allocation Committee (FAAC), between February 2019 and February 2020, the national oil company has said. Figures from its full monthly financial report revealed that...

FAAC Transfers N119bn Into Excess Revenue Account

FAAC Transfers N119bn Into Excess Revenue Account   The Federation Account Allocation Committee has transferred the sum of N119.55bn into the Excess Revenue Account. The amount, according to a statement on Thursday from the Office of the Accountant-General of the Federation, was from the N780.9bn that was...