1. K

    Politics Breakdown of Federal Govt Allocation to States [June 2015 - May 2016]

    Economic Confidential, an intelligence economic magazine has released a new report showing how 36 states and the 774 local government councils in Nigeria shared N2.8 trillion from the Federation Account in the one year of President Muhammadu Buhari’s administration. The report covers between...
  2. RemmyAlex

    Politics Osun: 3 Reasons Why It Got Only N6 Million From Federation Account

    The Federation Account Allocation Committee (FAAC) in its February 2016 sharing formula allocated a total of 2.422 billion naira to Osun state out of which only a meager of 6.23 million got to the state because of various deductions. Implication is that Osun with the newly created local...
  3. RemmyAlex

    Politics Osun: Reactions Trail Allocation of N6 Million To The State From Federation Account

    Following the released of document from the Federation Accounts Allocation Committee (FAAC) by the BudgIT Nigeria today for the February 2016 allocations, Nigerians have started to reacted to meager amount received by the Osun state government after deduction of various charges owing to debts...
  4. RemmyAlex

    Politics Nigeria: Why FG May Lose Control of Revenue From 31 Agencies - RMAFC

    Fresh trouble is brewing for the cash-strapped Federal Government as the Revenue Mobilisation, Allocation and Fiscal Commission (RMFAC) yesterday declared that the presidency was wrong to have arrogated to itself the control of revenue generated by some 31 agencies. RMFAC is charged with...
  5. RemmyAlex

    Politics State Allocation: Details Of Lagos, Akwa Ibom, Delta, Osun in 3 months of Buhari's administration

    With 3 months of Buhari's administration, Akwa Ibom took the larger share of the revenue with a total of N46,241,827,910.07bn. In June, the state got N18,175,010,722.06; and N13,367,661,397.29bn, July N14,699,155,790.72bn and August 2015. Lagos state under the administration of Akinwunmi...