Tag: faac

governors

Delta, Akwa Ibom, Rivers, Bayelsa, Lagos receive highest allocations as FAAC disburses N3.946trn in...

The Federation Accounts Allocation Committee (FAAC) has disbursed N3.946 trillion in the first half of 2018 to Federal, State and Local Governments, the Nigeria...
adeosun

FAAC: Revenue declined by N107bn in July

Federal, states and local governments, on Thursday, shared N714.8 billion revenue generated in July. The figure indicated a decline of N107.1 billion when compared to...
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The 36 states have so far withdrawn about 593.1 billion from the Federation Account as revenue generated in the first quarter of 2018.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...