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W/Bank Pledges $72m For States’ Land Administration Records

W/Bank Pledges $72m For States’ Land Administration Records       The World Bank has expressed willingness to give each state of the federation a grant of two million dollars to enable them to update their property records. This, however, is based on the condition that benefiting states capture...

FAAC Disburses N3.88trn to FG, State In First Half Of 2020

FAAC Disburses N3.88trn to FG, State In First Half Of 2020     -N1.93trillion disbursed in Q2 2020, signaling three straight quarters of falling disbursements since Q3 2019 Abuja, 08 September 2020 - The Federation Accounts Allocation Committee (FAAC) shared N3.879 trillion to the Federal Government, states, local government...

States’ Viability Index and IGR Generation

States' Viability Index and IGR Generation By Ibrahim Shehu Yahaya   States, at all times, are supposed to be effective in delivering quality environment and means of livelihood to their citizens. People come together to create communities, even as they equally pool resources to cater for these...

FAAC Shared N1.945tr to FG, States, LGS in Q1 2020

FAAC Shared N1.945tr to FG, States, LGS in Q1 2020 The Federation Accounts Allocation Committee (FAAC) disbursed N1.95 trillion to the Federal, States, Local government areas  and other statutory agencies in the first quarter of 2020. A breakdown of the disbursements shows that N791.4 billion went...

States Spent N3.6bn Servicing External Debts In January — FAAC

States Spent N3.6bn Servicing External Debts In January — FAAC   A total of N3.6bn was spent by the 36 state governments servicing their external debt obligations in the month of January. The amount was arrived at based on an analysis of their allocation for the month...

FAAC: FG, States, LGs share N647.353bn for January, 2020.

FAAC: FG, States, LGs share N647.353bn for January, 2020. The Federation Accounts Allocation Committee (FAAC) in Lagos at its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the Federal Government, States and Local Government...