Tag: FAAC
Allocation: FG, States, LG shares N637.7bn in Sept.
Mr Ahmed Idris, Accountant-General of the Federation, said the Federal Government, States and Local Governments shared N637.704 billion in September
FAAC revenue shrinks by N52.1 billion in April
The Federation Account Allocation Committee (FAAC) on Tuesday shared N415.7 billion, which is N52.1 billion less than what the three…
FAAC: Federation account records N38.7bn increase
The Federation Account Allocation Committee (FAAC) on Tuesday shared N467.8 billion.
FAAC: FG, states, LGs share N281.5billion
The Minister of Finance, Mrs Kemi Adeosun, has disclosed in Abuja that N1.5 billion, being excess bank charges, was recovered…
FAAC: FG, States, LGs share N299.7bn in March as revenue drops by N39bn
The Minister of Finance, Mrs Kemi Adeosun, on Thursday in Abuja said that N299.7 billion was shared among the federal,…
Finance ministry to improve transparency in FAAC
It said that this was sequel to the approval at the last FAAC meeting that three independent and experienced financial…
FG, states, LGs get more money to share
eosun The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja said that N387.8 billion was shared among the…
FAAC: FG, states, LGs share N389.9bn in September
The Permanent Secretary, Ministry of Finance, Mrs Anastasia Nwaobia, on Wednesday said that N389.9 billion was shared among the federal,…
FAAC: FG, States, LGs share N511.8bn for July
The Permanent Secretary, Federal Ministry of Finance, Mrs Anastasia Nwaobia, on Wednesday said N511.8 billion was shared among the federal,…
FAAC wants review of laws, price regime in gas sector
The Federation Accounts Allocation Committee (FAAC), has called for review of laws, fiscal and price regimes and licenses of gas…
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FAAC: FG, States, LGs share N409.3bn for May
The Permanent Secretary, Ministry of Finance, Mrs Anastasia Nwaobia, on Tuesday said that N409.3 billion was shared among the Federal,…
FG, States, LGs share N500.1bn for January
The Minister of State for Finance, Mr Bashir Yuguda, said that the Federal, states and local government areas shared N500.1…
Fashola Presents N489.69b Budget
Kazeem Ugbodaga & Eromosele Ebhomele Lagos State Governor, Babaunde Fashola has presented a budget proposal of N489.69 billion to the…
FAAC: FG, states, councils share N593.33bn for October
The Minister of State for Finance, Mr Bashir Yuguda, on Tuesday announced that federal, states and local governments had shared…
How N200b Shortfall Stalled FAAC Meeting
Kazeem Ugbodaga Thursday’s Federal Account Allocation Committee, FAAC, meeting in Enugu, Eastern Nigeria, could not hold because the Federal Government…
Fashola decries postponement of FAAC over insufficient fund
Kazeem Ugbodaga Governor Babatunde Fashola of Lagos has decried the postponement of the Federal Account Allocation Committee, FAAC, meeting which…
Nigeria’s Looming Crisis
Nigeria faces dire financial straits from developments in local and international oil markets After few days of bickering, the federal…