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Business FG, States, LG Share Highest Allocation Since Inception of Buhari’s Administration
The Federal Account Allocation Committee (FAAC), says on Thursday it distributed the sum of N559.032 billion to the three tiers of government. This makes it highest allocation since the APC led administration of President Muhammadu Buhari took over power 12 months ago. Minister of Finance...- kemi
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- faac june allocation
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- Forum: Business News Links
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Business FAAC Shares N305.12Bn Among FG, States and LGs in May
The three tiers of government heaved a sigh of relief as they shared N305.128 billion at the end of the May Federation Account Allocation Committee (FAAC) meeting in Abuja as against N281.5 billion shared in previous month. The slight improvement in revenue was as a result increased accruals...- ProfRem
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- faac federation account allocation committee may 2016 nigeria
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- Forum: Business News Links
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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...- kemi
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- faac federal allocation lagos state muhammadu buhari
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- Forum: Political News Links
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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...- ProfRem
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- debt profile faac federation accounts and allocation committee osun rauf aregbesola
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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...- ProfRem
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- budgit faac osun osun state news rauf aregbesola
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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...- ProfRem
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- 31 agencies faac federal government of nigeria guardian newspaper revenue rmafc shettima umar abba
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- Forum: Political News Links
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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...- ProfRem
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- akwa ibom allocation delta faac kano osun states
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- Forum: Political News Links
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