FAAC: FG, 36 States Share N2.56 tr in 6 Months- Investigations ....Akwa Ibom, Lagos, 8 Others top list ....Gombe, 5 Others get lowest allocations The Federal government, thirty-six states of the federation and the Federal Capital Territory (FCT) have so far shared the sum of N2.56 trillion...

FAAC Table: The Sharing of N652bn to FG, States, LGCs in July 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N652bn at its monthly meeting held in July 2017. In a document obtained by the Economic Confidential, the economic intelligence magazine, the...

Economy: Federal Govt as Unrepentant Saboteur By Henry Boyo THE above title and following excerpts are from the Guardian Newspaper editorial of 31st July, 2017. Please read on. This newspaper hereby reaffirms its position earlier, canvassed in its editorial of 18/7/2017 titled “Economy: Lend To Rather Than...

The Federation Account Allocation Committee has shared a sum of N462.359 billion to the Federal Government, State Governments and Local Government Councils. The statutory allocation is for the month of May, 2017. The communiqué issued by the Technical sub-Committee of FAAC at the end of the...

Annual State Viability Index: 36 States Generate N801bn of IGR Against N2.6trn from Federation Account Lagos Generates More IGR than 30 States Combined … Economic Viable States: Lagos, Ogun, Rivers, Edo, Kwara and Delta States Poor IGR States: Borno, Ebonyi, Kebbi, Jigawa The Economic Confidential, the award winning...

The Federation Accounts Allocation Committee (FAAC) yesterday shared N415.730 billion among the three tiers of government- federal, states and local government areas (LGAs) for the month of April 2017. According to the Accountant General of the Federation, Idris Ahmed, who spoke after the Committee’s meeting...