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FAAC: FG, States, LGCs Share N1.1trn For August

By Agency Report The Federation Account Allocation Committee (FAAC), has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils...

July 2023 Allocation: FG, States, LGACs Share N966.110bn From N1746.491 trn Gross Revenue

At its meeting chaired by the Honourable Minister of Finance and the Co-ordinating Minister of the Economy, Mr. Wale Edun, Tuesday, the Federation Account...

Why We Paid N123bn Interim Dividend To FAAC – NNPCL

By Agency Report The Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the...

May Revenue: FAAC Shares N786.161bn To FG, States And LGCs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion May 2023 Federation Account Revenue to the Federal Government, States...

How Niger Delta States Received N625bn Derivation Funds In Two Years, FG Reveals

The Federal Government has revealed that the oil-bearing states in the country have received a total of N625.43 billion 13 per cent oil derivation,...

How $1 Billion Arms’ Fund Was Spent — Presidency

By Abiola Olawale The presidency has reacted to the controversy trailing the allegations of missing $1 billion arms' fund under during the tenure of the...

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