May 2024 Allocation: FG, States, LGs Share N1.14Trn
BY EDMOND ODOK – Amid their inability to agree on a reasonable figure as minimum wage for Nigerian workers, the Federal Government, States and Local Government Councils in the country…
ECA
FAAC: FG, States, LGs Share N601.11bn In Nov
BY COBHAM NSA, ABUJA – The Federation Accounts Allocation Committee (FAAC) has shared a total of N601.110 billion to the three tiers of government as monthly allocation for November 2020. The…
FAAC Distributes N639.901bn As Sept Revenue To FG, States, LGs
Excess Crude Account now $72.409m BY COBHAM NSA – The Federation Accounts Allocation Committee (FAAC) says a total of N639.901 billion has been distributed as September 2020 revenue to the…
FAAC Distributes N682.060bn To FG, States, LGs
As August 2020 earnings BY COBHAM NSA – The Federation Accounts Allocation Committee (FAAC) has distributed a total of N682.060 billion as August 2020 revenue to the three tiers of…
It’s All Smiles As FAAC Shares N716.298bn Dec Revenue To FG, States, LGs
BY COBHAM NSA, ABUJA – A Yuletide bonus came the way of all three tiers of government as the Federation Accounts Allocation Committee (FAAC) shared a total of N716.298 billion…
Rising Poverty: World Bank Cautions Nigeria
BY COBHAM NSA, ABUJA – Concerns over Nigeria’s declining Gross Domestic Product (GDP) have put the World Bank on edge with the caution that increasing poverty will continue to haunt…
FAAC: FG, States, LGAs Get N693.529bn As Sept Revenue
BY COBHAM NSA, ABUJA – The three tiers of Government have received a total of N693.529 billion from the Federation Account Allocation Committee (FAAC) as shared revenue for the month…
FAAC Shares N762.6bn As June Revenue For FG, States, LGs
BY EDMOND ODOK, ABUJA – The Federation Accounts Allocation Committee (FAAC) has distributed about N762.6 billion to the three tiers of government as revenue allocation for the month of June…