FAAC
NNPC paid excess of N41 billion into Federation Account in 2018 – Baru
The Nigerian National Petroleum Corporation, NNPC, on Tuesday announced that its annual payments into the Federation Account in 2018...
N14.7 trillion council allocations ‘cornered’ by governors in 10 years
HAD the Nigerian Financial Intelligent Unit (NFIU) been granted autonomy to operate for the past 10 years, with its...
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Most Nigerian states are not fiscally viable without federal allocations. Here is why.
For Ada Onche, a teacher who worked with the Benue State Teaching Service Board, for over 35 years until...
In six months, governors received N760.18bn Paris Club refund ‘to pay workers’ salaries’
The federal government released N760.18bn Paris Club debt refund to 36 states and the Federal Capital Territory (FCT) in the first...
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FG September Revenue Dips To N420 Billion
Information by the Federation Accounts Allocations Committee, FAAC, shows that the total amount of money shared between the three tiers of government for the month of September stood at N420 billion; a N90.27 billion decline from the N510.27 billion that was distributed in August.
Revenue Distribution Rises By N16.6 Billion In August
Minister of Finance, Kemi Adeosun, has said that a total of N510.2 billion was shared among the federal, states and local governments as revenue realised in August, representing a N16.6 billion increase from that of July which was a total of N493.6 billion.
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