Federation Account grew by 7.48% in Q3 2024
Money flowing into Nigeria’s federation account grew to N6.86 trillion in the third quarter of 2024, according to a new Economic Report from the Central Bank of Nigeria (CBN).
This was a 7.48 per cent increase from the...
Federation Account Gets N7.3tn in Six Months – RMAFC
The Revenue Mobilization Allocation and Fiscal Commission has disclosed that a total sum of N7.3tn accrued into the Federation Account between July and December 2023, indicating an increased revenue inflow.
It said the amount shared by the...
FAAC: FG, States, LGs Share N1.1trn for February
The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024 Federation Account Revenue to the Federal Government, States and Local Government Councils.
The revenue was shared at the March 2024 meeting...
FAAC: FG, States, LGs Share N1.1trn for February
The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024 Federation Account Revenue to the Federal Government, States and Local Government Councils.
The revenue was shared at the March 2024 meeting...
'NNPCL Remitted Zero Allocation To Federation Account In 2022'
The Nigerian National Petroleum Company Limited (NNPCL) remitted literally zero funds to the Federation Account in 2022 due to the payment of subsidy on Premium Motor Spirit, popularly called petrol, the Chief Financial Officer, NNPCL, Umar...
Again, Lagos Generates More IGR than 30 States Combined
…. RICH/Economic Viable States: Lagos, Ogun, River, Kaduna, Kwara, Oyo and Edo States
… INSOLVENT/Poor IGR States: Bayelsa, Kebbi., Katsina, Akwa-Ibom, Taraba and Yobe States
