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Tag: Petroleum Profit Tax (PPT)

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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...

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FG, States, Local Govts Share N3.06tn As Naira Dips Further to 990/$1 At Parallel Market

By Louis Achi Nigeria's Naira continues in its weak form on Wednesday as it depreciated to N990 to a dollar at the parallel market as...

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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...

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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...

News

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...

News

Alleged Missing N34.3bn: Senate Gives Emefiele 72-hr Ultimatum

The Nigerian Senate has given Mr Godwin Emefiele, Governor of Central Bank of Nigeria (CBN) a 72-hour ultimatum to appear before its panel to...

Business

FAAC: FG, States, LGAs Share N640.3bn For January

The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information,...

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