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...

FG, States, LGs Share N647.39bn For February 2018     Workers at the three tiers of Government are to receive their salaries for this month before the Easter break as the Federal, State and Local Governments shared the sum of N647.39 billion from the Federation Account. The money...

FG, States LGs Share N635.55bn Allocation for January 2018 The total sum of N635.55 billion has been shared as FAAC allocation among the Federal, States and Local Government Councils as revenue for the month of January 2018. Speaking to newsmen at end of the meeting of...

Bumper Federal Account Allocations: FG, States, LGcs Share N5.9tr in 2017 FG, N2.5tr, States N3.3tr Lagos Got N201bn, Akwa-Ibom N197bn, … Gombe and Ebonyi N57bn each A new report by the Economic Confidential has disclosed that the Federal Government, 36 states and the 774 local government councils...

FAAC: FG, States, LGs share N655.17bn in January 2018 The Federation Account Allocation Committee (FAAC) has shared N655.17 billion to the three tiers of government as revenue  in january for the month of December 2017. The Minister of Finance, Mrs Kemi Adeosun, who presided over the...

NEITI: Nigeria Earned Zero Revenue From Solid Minerals In Q3 2017 Nigeria earned no revenue into her Federation Account from its solid minerals sector in the first nine months of 2017, a quarterly review of revenues that went into the account by the Nigeria Extractive...