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FAAC Shares N722.7bn February Revenue To FG, States, LGs

The Federation Account Allocation Committee (FAAC) has shared N722.677 billion February 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils.This...

Taraba to reduce dependence on FAAC

By Danzumi Ishaku, Jalingo.To achieve the 2023 budget, in Taraba state, the government of Taraba said it has stepped up her attempts in the...

FG, States, LGAs Share N700.235bn For September

The Federation Account Allocation Committee (FAAC) has shared N700.235 billion to the three tiers of government as federation allocation for September, 2022.From this stated...

NNPC to deduct N672bn as Fuel Subsidy hits N1.35tn in four months

The Nigerian National Petroleum Company (NNPC) says it deducted N245.77 billion for petrol under-recovery costs in March.The value shortfall comprises the previous months’ outstanding...

FG, States, LGs Share N699.824bn As VAT Revenue Grows By N5bn

The Federation Accounts Allocation Committee (FAAC) has shared a total of N699.824 Billion to the Federal Government, states, and local government areas.The amount is...

FG, States, LGs Share N696.965bn As VAT Revenue Hits N166.228bn

The Federation Accounts Allocation Committee (FAAC) has shared a total of N696.965 billion as federation allocation for the month of August.Oshundun Olajide, a Deputy Director...

Again, NNPC Set to Deduct N215bn from September FAAC

The Nigerian National Petroleum Corporation (NNPC) is once more set to deduct about N215.3 billion from its contribution to next month’s joint Federation Account.The...

Leveraging Infrastructural Development to Unlock Nasarawa State’s Economic

By Adefolarin A. OlamilekanFor Nasarawa state to minimize and benefits from it centralized posture among states that made up the North-Central geopolitical zone. To...

FAAC Shares N760.7bn July Allocation to FG, States, LGs

The Federation Accounts Allocation Committee (FAAC) has shared a total of N760.717 billion revenue to the federal, state and local governments for the month...

NGF Okay Full Deregulation of Petrol, N385 Pump Price

Ahead of today’s Federation Accounts Allocations Committee (FAAC) meeting, the Nigeria Governors’ Forum (NGF) yesterday at its virtual meeting considered the report of a...

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