Tag: faac

buhari

FAAC: FG, states, LGs share N668.89b

Federal, States and Local Governments have shared N668. 89 billion from the federation account as revenue generated in May. The Director of Information, Federal Ministry...
nnpc

FAAC suspends meetings indefinitely over under-remittance by NNPC

The Chairman, Commissioners of Finance Forum, Mr Mahmood Yunusa, on Thursday said the Federation Accounts Allocation Committee (FAAC) has agreed to suspend meetings indefinitely...
nnpc

FAAC: FG, states again fail to share May revenue over discrepancies in NNPC...

The monthly Federation Account Allocation Committee (FAAC) meeting has again ended in a stalemate as Federal and state governments rejected the revenue figures submitted by...
nnpc

FAAC meeting ends in deadlock over NNPC’s alleged revenue remittance discrepancies

The monthly Federation Account Allocation Committee (FAAC) meeting ended in a deadlock on Wednesday in Abuja. The FAAC monthly meeting, a forum where money is...
nlc, tuc, governors

FAAC: FG, states, LGs share N701bn

The Federal Government, states and local governments shared N701 billion as revenue for the month of April, the Permanent Secretary, Ministry of Finance, Mr...

How states withdrew N593.1bn from federation account in Q1 2018

The 36 states have so far withdrawn about 593.1 billion from the Federation Account as revenue generated in the first quarter of 2018. The...
faac

FAAC: FG, states, councils share N626.8b

The Federal Government, states and local governments have shared N626.8 billion for the month of April. Mr Ahmed Idris, the Accountant-General of the Federation (AGF),...
nnpc

NNPC revenue discrepancies: FAAC meeting fails to hold again

The Federation Account Allocation Committee (FAAC) meeting scheduled to hold on Wednesday in Abuja, was postponed due to revenue discrepancies. Mr Mahmoud Yunusa, Chairman, Forum...
adeosun, faac

FAAC: FG, states, LGs share N647.39bn

    Workers at the three tiers of Government are to receive their salaries for this month before the Easter break as the Federal, State and...
adeosun

FAAC: States abort meeting over N37.76bn shortage in NNPC’s revenue as Adeosun calls emergency...

The monthly Federal Account Allocation Committee (FAAC) meeting, which began on Tuesday was inconclusive due to discrepancies of about N37.76 billion in revenue presented...