The Federation Account Allocation Committee (FAAC) has disbursed the sum of N699.82 billion to the three tiers of government for the month of December 2021. This...
Oil prices continued their surge on Wednesday, trading at a level never seen under the administration of President Muhammdu Buhari. Reports from Bloomberg showed that on...
The Federal Government, States, and Local Government Councils (LGCs) on Wednesday, shared N671.910 billion from the Federation Accounts Allocation Committee (FAAC) for October. This was noted...
Nigerian states including local governments might face financial difficulties in the coming months as the rise in oil prices means a larger chunk of oil revenue...
The Nigerian National Petroleum Corporation (NNPC) has spent a total of N14.5 billion on frontier exploration services, which involves the search for hydrocarbons in inland basins,...
The Federation Accounts Allocation Committee (FAAC) on Friday shared a total of N733.095 billion as June 2021 Federation Account Revenue to the Federal, States and Local...
The Federal Accounts Allocation Committee (FAAC) on Wednesday said it shared a total of N605.958 billion as May 2021 revenue to the Federal, States and Local...
The Nigerian National Petroleum Corporation (NNPC) has revealed that it will not be able to meet its monthly mandate regarding remittance to the Federation Accounts Allocation...
The Senate Committee on Public Accounts has directed Petroleum Products Pricing Regulators Agency (PPPRA) to provide the list of beneficiaries who collected N120 billion as payment...
The Federal Account Allocation Committee (FAAC) shared in November 2020, the sum of N604 billion to the Federal government, States and Local Government Areas, being the...
The Federation Accounts Allocation Committee (FAAC) on Wednesday shared the sum of N604.004 billion among the three tiers of government as revenue allocation for October. The...
The Nigeria Extractive Industries Transparency Initiative (NEITI) said on Tuesday the Federation Account Allocation Committee (FAAC) disbursed a total sum of N2.054 trillion to the three...
The Nigeria Extractive Industries Transparency Initiative (NEITI) said on Tuesday the three tiers of government and other statutory recipients received N3.879trillion from the Federation Accounts Allocation...
The Federation Accounts Allocation Committee (FAAC) has distributed the sum of N676.407 billion for July 2020 federation account revenue to the federal, states and local government...
The Federation Accounts Allocation Committee (FAAC) shared a total of N651.18billion as allocations to the three tiers of government and other relevant agencies for the month...
The Nigerian Extractive Industries Transparency Initiative (NEITI) said Monday the Federation Accounts Allocation Committee (FAAC) disbursed N1.95 trillion to the federal, state, local governments and other...
The Federation Accounts Allocation Committee (FAAC) Wednesday shared N780.926 billion as revenue allocation for March to the federal, states, local governments and relevant agencies in the...
The Federal Account Allocation Committee (FAAC) has said that the 36 state governments in the country expended N3.6 billion on debt service in January this year....
After more than three and a half hours of intense deliberations Wednesday, the monthly Federal Account Allocation Committee (FAAC) meeting came to a halt without resolution...
The Federation Accounts Allocation Committee (FAAC) on Thursday shared a total of N716.298 billion to the three tiers of government for the month of December 2019....
The federal, states and local governments in the country shared a total of N693.529 billion as revenue from the Federation Account for the m September, the...
The Federal Inland Revenue Service on Monday debunked reports that it sponsored All Progressive Congress (APC) Presidential election with N90 billion. In a statement by the...
The Federation Account and Allocation Committee (FAAC) has distributed a total of N617.566 billion among the three-tiers of government as income for the month of March,...
The Federation Account Allocation Committee (FAAC) has disbursed the sum of N619.86bn to the three tiers of government in March 2019, according to the National Bureau...
The Federal, states and local governments in the country shared N619.85 billion for the month of February from the Federation Account. The amount represents revenue generated in...
A quarterly review published by the Nigeria Extractive Industries Transparent Initiative (NEITI) has shown that the Federation Account Allocation Committee, FAAC, distributed the sum of N8.5...
With expectations that the nation will increase its oil production, consolidated by price moderation efforts of the Organization of Petroleum Exporting Countries (OPEC), the Nigeria Extractive...
The new revenue template for revenue-generating agencies of government that came into existence last November may have exposed the alleged tardiness in accountability at the Nigerian...
The Department of Petroleum Resources (DPR) has revealed that it generated the sum of N1.3 trillion as revenue UN 2018. The Director of DPR, Mr Mordecai...
The Nigeria Customs Service (NCS) remitted a total of N653.47 billion into the Federation Account between January and November 2018. The NCS revealed this in a...
Nigerian National Petroleum Corporation (NNPC) secured oil pipelines, including their maintenance in month of November 2018 to the tune of N15.5 billion, document sighted by New...
The Minister of Finance, Mrs. Zainab Ahmed, Thursday, contradicted her Permanent Secretary, Mahmoud Dutse, over the withdrawal of $1.68 billion from the Excess Crude Account (ECA)....
The Federation Account Allocation Committee, FAAC, has shared the sum of N812.76 billion between the Federal, states and local governments in the country for the month...
The Federation Account Allocation Committee (FAAC) Wednesday shared N788.13 billion between the Federal Government, states and local governments areas in the country for the month of...
The National Bureau of Statistics (NBS) has said the 36 states of the federation received a total sum of N1.23 trillion as net allocation from the...
The Federation Account Allocation Committee (FAAC) disbursed a total of N6.226 trillion to federal, states and local governments in the country in the first three quarters...
The Federal Account Allocation Committee (FAAC) has disbursed a total of N689.71 billion to the federal, state and local governments as revenue allocation for the month...
The Federation Account Allocation Committee (FAAC) has shared a total of N741.84 billion to the federal, states and the local governments, the first disbursement by FAAC...
The Federation Accounts Allocation Committee (FAAC) said the revenue reporting template for the Nigerian National Petroleum Corporation (NNPC) and other members of the revenue sharing committee...
In a bid to put an end to the lingering controversy surrounding the non-remittances of accurate revenue figures by the Nigerian National Petroleum Corporation (NNPC) to...
Nigerian workers have been subjected to hard times and difficulty in meeting basic family needs for most parts of the month as for about four times,...
Workers in the Federal and States’ civil service can now heave a sigh of relief as the Federation Accounts Allocation Committee (FAAC) finally shared N668.89 billion...
The Federation Accounts Allocation Committee (FAAC) said it would soon begin to probe alleged shortfall in revenue remittance by the Federal Inland Revenue Service (FIRS). The...
To check the controversy associated with the Nigerian National Petroleum Corporation (NNPC) remittances into the Federation Account, stakeholders in the Federation Account Allocation Committee (FAAC) are...
The inability to pay June salaries of government workers is generating tension and agitation across the various states of the federation, the Nigeria Labour Congress has...
There seems to be no end to the crisis between the Nigerian National Petroleum Corporation (NNPC) and other members of the Federation Accounts Allocation Committee (FAAC)...
In a bid to end the controversies surrounding the non-remittances of the Nigerian National Petroleum Corporation (NNPC), the House of Representatives has ordered an investigation into...
The key issue that stalled May edition of Federation Account Allocation Committee (FAAC) is yet to be resolved it emerged last night. A re- convened FAAC...
Some states’ inability to meet vital financial obligations without allocation from the Federal Government is becoming clearer by the day following the deadlock in the Federal...
President Muhammadu Buhari has said he would meet with the officials of the Nigerian National Petroleum Corporation (NNPC) to find a lasting to solution to the...
