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...
The Minister for Finance, Kemi Adeosun, on Thursday confirmed that the monthly meeting of the Federation Accounts Allocation Meeting (FAAC), which ended in deadlock on Wednesday...
The Nigerian National Petroleum Corporation (NNPC) has decried the demand by state governors insisting that the corporation must remit additional N40 billion to the Federation Accounts...
The monthly meeting of the Federal Account and Allocation Committee (FAAC) ended in stalemate on Wednesday in Abuja for undisclosed reasons. The meeting, which was chaired...
The Federation Accounts Allocation Committee (FAAC) said it has disbursed a total sum of N701.022 billion to Federal Government, states, and Local Government as federal allocation...
The Nigeria Extractive Industries Transparency Initiative (NEITI) said the amount disbursed by the Federation Account Allocation Committee (FAAC) in the first quarter of 2018 rose to...
Federation Account Allocation Committee (FAAC) on Thursday distributed the sum of N626.82 billion to the three tiers of government. This came after two days of disagreement...
Just like last month, the Federation Account Allocation Committee (FAAC) on Wednesday failed to meet as scheduled to consider and approve statutory allocation for the month...
April salary of civil servants across states is under threat with Federation Account Allocation Committee (FAAC) session abruptly adjourned yesterday on account of Nigerian National Petroleum...
The Federation Accounts Allocation Committee (FAAC) on Wednesday overcame the Tuesday crisis that did not allow it share the statutory allocation to the federal, state and...
The monthly Federal Account Allocation Committee (FAAC) meeting which held on Tuesday was inconclusive. States aborted the meeting over discrepancies of about N37.76 billion in revenue...
The Federal Government, States and Local Government shared a total of N532.7 billion in October, indicating a decline of N25.3 billion compared to September figures. The...
The Federation Accounts Allocation Committee meeting, which was postponed two weeks ago as a result of discrepancies in revenue presented by the Nigerian National Petroleum Corporation,...
A total sum of N173.8 billion distributable revenue was shared from the federation account to the 36 states of the country in September following deductions of...
Due largely to sharp fall in Company Income Tax, revenue earnings accruing to the federation account from oil and non-oil sources recorded a decline of N183.26bn,...
The Federation Account Allocation Committee (FAAC) has stated that the three tiers of government would share N652.229 billion for the month of July 2017. It was...
April 2017 revenue of N415billion was on Tuesday shared among the three tiers of government by the Federation Account Allocation Committee (FAAC). This was revealed by...
Following the rise in gross statutory revenue in the month of March by about 14.28 per cent, the Federal Government, states and local governments shared a...
A total of N465.15 billion, an increase of about 30 per cent from the last amount has been shared among the Federal, 36 states and local...
A new report has disclosed that the 36 states and the 774 local government councils in Nigeria shared a total sum of N2.6 trillion from the...
The three tiers of government comprising federal, states and local government councils shared a grand total of N4.97 trillion as federation revenue approved by the Federal...
States and local governments in the country may be in for more hard times as allocation from the Federation Account dropped by over N80 billion for...
The Minister of Finance, Mrs. Kemi Adeosun, has disclosed that a total sum of N510.2 billion was approved by the Federation Account Allocation Committee (FAAC) for...
After an improved earning from the Federation Account in June, the July allocation to the three tiers of government for July dropped from N559.032 to N443.663....
President Muhammadu Buhari has given the Nigerian National Petroleum Corporation, NNPC, the marching order to find crude oil in the north eastern part of the country....
The dust raised by the report of the Auditor-General of the Federation to the National Assembly on the indebtedness of the Nigerian National Petroleum Corporation, NNPC,...
The Federal Ministry of Finance on Friday confirmed the indefinite suspension of the Executive Secretary/Director General of The Pension Transitional Arrangement Directorate (PTAD), Mrs. Nellie Mayshak...
