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Economy

How FG, States, LGAs Shared N1.95tn In Q1, By NEITI

The Nigerian Extractive Industries Transparency Initiative (NEITI) says the Federation Accounts Allocation Committee (FAAC) disbursed a total of N1.95 trillion to the federal, state,...

Business

Lagos, Rivers, Bayelsa, 33 Others Share N780.926bn For March FAAC

*Delta, A|Ibom, Others Receive Additional N38.7bn As ECA Drops to $72.2m *Is Your Governor Telling You the Truth About Its Receipts From FAAC? By Hamilton Nwosa(...

Business

Covid-19: Nigeria Faces Tough Times As FAAC Receipts Drop to N400bn

Buhari Sources $150m from NSIA to Augment As FAAC Receipts Decline by Half Nigeria's Finance Minister, Zainab Ahmed has said the Federation Accounts Allocation...

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FIRS Debunks Allegation Of Supporting APC With N90bn

The Federal Inland Revenue Service (FIRS) has denied allegations that it supported the All Progressives Congress (APC), through Vice President Yemi Osinbajo with the...

Business

FAAC Shares N762.5bn To FG, States, LGs In June

The Federal Government, States and Local Government Areas (LGAs) shared N762.5 billion as federal allocation for the month of June. Mr Ahmed Idris, the Accountant-General...

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N22 trillion Debt: Buhari, APC Have Wrecked Our Nation Says PDP

The Peoples Democratic Party (PDP) says President Muhammadu Buhari’s poor understanding of current global economic dynamics and his cover of humongous corruption in his...

Business

Governors Troubled Over Continuous Deadlock In FAAC

The deadlock in the meeting of Federation Account Allocation Committee (FAAC) and the issue of national minimum wage were some of the troubling issues...

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