Nigeria's ECA Shrinks From $35m To $376,655   The Federal Government has drawn down the Excess Crude Account (ECA) to $376,655.09 from $35.377 million in May, this year. This means that in one month the government withdrew $35,000,344.91from the ECA. The ECA is supposed to be a savings...

FAAC: FG, States, LGs Get N656.6bn Allocation For May 2022     The sum of N656.6 billion has been distributed to the three tiers of government as allocation for May 2022, a communiqué from the Director of Information, Press and Public Relations at the Office of the...

FAAC Shares N725.571bn March Revenue To FG, States, LGCs   The Federation Account Allocation Committee (FAAC) has distributed to the Federal, State and Local governments a total of N725.571 billion for March 2022. It was presented in a communiqué issued at the end of a virtual meeting...

FG, States, LGs Shared N697bn Revenue In August – FAAC             The Federation Accounts Allocation Committee on Wednesday said it shared a total of N696.965bn as August 2021 revenue to the Federal, States and Local Governments as well as other relevant agencies in Nigeria. The Office of...

FG Reviews Treasury Forms, Accounting Documents In MDAs     The Office of the Accountant General of the Federation on Thursday announced the commencement of a comprehensive review of treasury forms and other accounting source documents in use in all federal ministries, departments and agencies. It said the...

FG, states, LGs Share N651.18bn For June   The Federation Account Allocation Committee has shared a total of N651.18bn as June 2020 federation account revenue to the federal, states and local governments councils, as well as other relevant agencies in Nigeria. According to the Office of the...