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Mega FAAC Allocations: How FG, States, LGcs Shared N8tr in 2018

Mega Federal Account Allocations: How FG, States, LGcs Shared N8tr in 2018 ... FG Got N3.4tr, States/LGs N4.5tr ... Richest: Delta N285bn, Lagos N260bn, Kano N188bn  ... Poorest: Kwara N81bn, Ebonyi, Gombe N76bn each A new report by the Economic Confidential has disclosed that the Federal Government,...

In 9 Months, FG, States, LGs Got Over N6trn

In 9 Months, FG, States, LGs Got Over N6trn   Revenue disbursements by the Federation Account Allocation Committee to the three tiers of the government hit N6trn in the third quarter of 2018. There has been a steady increase in the first three quarters of this year...

N43bn Recorded As Short As FG, states, LGs Get FAAC Allocation

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...

FG, States LGs Share N668.89bn For May 2018

FG, States LGs Share N668.89bn For May 2018 The Federal , States and Local Governments in the country share a total of N668.89 billion for the Month of May, 2018 which was supposed to be done in th June this year. Owing to disagreement on remittances...

We Will Focus On FIRS, Customs After NNPC– FAAC

We Will Focus On FIRS, Customs After NNPC– FAAC Chairman, Forum of Finance Commissioners, Mr. Mahmood Yunusa, has disclosed that once they are done with the under remittances issue with the Nigerian National Petroleum Corporation (NNPC), the forum will beam its searchlight on the books...

FAAC: NNPC must remit N20b- States

FAAC: NNPC must remit N20b- States The ongoing controversy between the Federation Account Allocation Committee (FAAC) and the Nigerian National Petroleum Corporation (NNPC) may not be resolved soon as the states insist that the sum of N20billion must be remitted to the federation account by...