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FG, States, Others Shared N8.15 trn in 2019

FG, States, Others Shared N8.15 trn in 2019. ….2018 figures higher than 2019 disbursements by 4.42%, The sum of N8.15 trillion was shared between the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC) in 2019. This figure is N377billion...

States To Take Full Control Over Solid Minerals

States To Take Full Control Over Solid Minerals   The Federal Government said on Monday that a committee led by the Chairman of the Nigeria Governors’ Forum, Kayode Fayemi, has started working on an arrangement that would enable states to enjoy full control of the solid...

FG, States LGs Share N702.058bn For October 2019

FG, States LGs Share N702.058bn For October 2019   The Federal Account Allocation Committee (FAAC), at its meeting in Abuja shared to the Federal Government, States and Local Government Councils a sum total of N702.058 billion as federal allocation for the month of October 2019. From this...

FAAC: FG, States, LGs Share N616.198bn in April 2019.

FAAC: FG, States, LGs Share N616.198bn  in April 2019. The Federation Account Allocation Committee (FAAC) at the end of their technical and plenary meeting in Abuja distributed a total of N616.198 billion to the three tiers of government for the month of April, 2019 . The...

Finance Minister – FG, States, LGs Got N5.5tn In Eight Months

Finance Minister - FG, States, LGs Got N5.5tn In Eight Months   Between September 2018 and April this year, the three tiers of government shared the sum of N5.5tn as revenue allocation from the federation account. The amount, distributed by the Federation Account Allocation Committee, was shared...

FG, States Working To Address Multiple Taxation, Says Enelamah

FG, States Working To Address Multiple Taxation, Says Enelamah   The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has said the federal government is currently working through the National Economic Council in collaboration with state governments to streamline the multiple taxes paid by businesses...