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Oil Receipts: NNPC Remits N135.14bn To Federation Account

Oil Receipts: NNPC Remits N135.14bn To Federation Account The latest edition of the monthly operations and financial report of the Nigerian National Petroleum Corporation has revealed that the oil firm remitted N135.14bn to the Federation Account in November 2017. The report, which was made public on...

N2.63tn Of Non-oil Revenue Goes Into The Federation Account In 12 months

N2.63tn Of Non-oil Revenue Goes Into The Federation Account In 12 months Gross inflows into the Federation Account have amounted to N6.14tn in 12 months, data obtained by FBNQuest Research have shown. In the 12 months through to September 2017, the gross flows into the Federation...

Solid Minerals Contributed N3.5bn To Federation Account In 2017

Solid Minerals Contributed N3.5bn To Federation Account In 2017 The solid minerals sector contributed N3.5bn to the Federation Account between January and November 2017, the Minister of Mines and Steel Development, Dr. Kayode Fayemi, has said. Fayemi said this while giving an account of the sector...

Federation Account recorded N797.51bn VAT Revenue In 10 Months.

Revenue from Value Added Tax (VAT) grossed N797.51 billion into the Federation Account between January and October 2017, the Honourable Minister of Finance, Mrs. Kemi Adeosun, revealed on Tuesday. The non-oil revenue represents 46.15 per cent of the 2017 VAT budget of N1.728 trillion./ It is however...

FAAC: FG, 36 States Share N2.56 tr in 6 Months January-June 2017- Investigations

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

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...