federation account allocation committee

The Federation Account Allocation Committee (FAAC) disbursed the sum of N762.597 billion from the Federation Account to the three tiers of government in June 2019...... Read more via Nairametrics – https://ift.tt/2JVqyR7 Get more: Nigeria Business News

A new report by the Economic Confidential has disclosed that the Federal Government, 36 states and the 774 local government councils in Nigeria shared a total sum of N8trillion from the Federation Account in 2018 despite the shut-ins in several oil installations during the period. The...

Between January and June this year, the three tiers of government received a total allocation of N4.1tn from the Federation Account, investigations have revealed. An analysis of the Federation Account Allocation Committee distribution made by our correspondent showed that unlike in 2017 when...

The Commissioner for Information in Abia, Chief John Okiyi, has called for quick resolution of the Federation Accounts Allocation Committee (FAAC) impasse. Okiyi, who made the call in an interview with the News Agency of Nigeria (NAN) in Umuahia on Friday, blamed the … Read more via PM NEWS...

Nigeria Bureau of Statistics (NBS) said that banks have refunded N654.49 million excess charges deducted from government bank accounts related to the federation account. The Bureau disclosed this in its Federation Account Allocation Committee (FAAC) disbursement report for March 2018. Read...

Ekiti state government, Ayodele Fayose has alerted Nigerians on the plans of the All progressives Congress led federal government to “loot the treasury” ahead of 2019 elections. The governor stated this in a series of tweets on Friday. This is coming a day after the national economic council...

The Federation Account Allocation Committee (FAAC) yesterday shared N558 billion to the three tiers of government being revenue for the month of September 2017. Minister of Finance, Mrs Kemi Adeosun, said the gross statutory revenue of N423.961bn received for the month was lower than the...

The 36 states shared N173.8 billion from the Federation Account in September from the distributable revenue generated for the month. The breakdown was obtained by the News Agency of Nigeria (NAN) in a report from the office of the Accountant-General of the Federation in Abuja. From the data...

The Federation Account Allocation Committee (FAAC) on Tuesday shared N415 billion to the three tiers of government being revenue for April 2017. Giving the breakdown, the Minister of Finance, Mrs Kemi Adeosun said the gross statutory revenue of N274.210 billion received for the month, was...

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...