Tag: FAAC

Babatunji Wusu – For the month of February 2024, the amount that the three levels of government received from the Federation Account Allocation Committee (FAAC) increased by N10 billion. During…

The Federal, States, and Local Governments have received a total of N736.782 billion in October 2022 Federation Account Revenue from the Federation Account Allocation Committee (FAAC). This information can be…

The Progressive Governors’ Forum (PGF), a group of governors elected on the platform of the All Progressives Congress (APC), has refuted a claim that the federal government printed N60 billion…

Edo Governor Godwin Obaseki has faulted the Minister of Finance, Budget, and National Planning, Zainab Ahmed, for denying that the Federal Government printed N60 billion in March to support allocation…

The Federal Government has denied it printed N60bn to augument March allocation to States as alleged by Edo Governor Godwin Obaseki. It described the allegation by Obaseki as untrue and…

By Olamilekan Alani THE Niger Delta Development Commission (NDDC) received a whopping N946. 91 billion as budgetary allocation in 18 years. The sum is  part of the N9.43 trillion allocated…

Nigeria Governors’ Forum (NGF) scheduled to meet on Wednesday over the alarming rate of rape and other forms of sexual violence, among other critical issues in the country. The Head…

Biodun Bidemi The Federal Government will, from September, begin deduction of the N614 billion bailout funds it gave to states for payment of salaries of workers in 2016. The Minister…

The Federation Account Allocation Committee (FAAC), disbursed the sum of N270.17 billion to the Federal Government in January, 2019, the National Bureau of Statistics (NBS) has disclosed. The NBS said…

 by Lukman Amusa The Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest quarterly review has disclosed that the Federation Allocation Account Committee (FAAC) has disbursed N8.52 trillion to the…