FAAC

FAAC meeting postponed as N1.7tn remittances tear states, NNPC apartFAAC meeting postponed as N1.7tn remittances tear states, NNPC apart

FAAC meeting postponed as N1.7tn remittances tear states, NNPC apart

FAAC meeting postponed as N1.7tn remittances tear states, NNPC apart   The Federation Accounts Allocation Committee (FAAC) meeting earlier schedule…

2 months ago
FAAC: Why FG, govs must open accounts for 774 LGAs, says OzekhomeFAAC: Why FG, govs must open accounts for 774 LGAs, says Ozekhome

FAAC: Why FG, govs must open accounts for 774 LGAs, says Ozekhome

FAAC: Why FG, govs must open accounts for 774 LGAs, says Ozekhome Senior Advocate of Nigeria, Mike Ozekhome, has advised governors,…

8 months ago
FAAC shares N1.78tn revenue for December to FG, states, LGsFAAC shares N1.78tn revenue for December to FG, states, LGs

FAAC shares N1.78tn revenue for December to FG, states, LGs

FAAC shares N1.78tn revenue for December to FG, states, LGs The Federation Account Allocation Committee (FAAC) has shared a total…

1 year ago
FG, states, LGs get N1.1tn as August allocationFG, states, LGs get N1.1tn as August allocation

FG, states, LGs get N1.1tn as August allocation

The Federation Account Allocation Committee (FAAC) has shared a sum of N1.1 trillion to the Federal Government, states and local…

2 years ago
NNPC breaks the jinx, pays N123bn interim dividend to FAAC

NNPC breaks the jinx, pays N123bn interim dividend to FAAC

NNPC breaks the jinx, pays N123bn interim dividend to FAAC IN a move to consolidate its post Petroleum Industry Act…

2 years ago
FAAC shares N900bn of N1.9tn revenue, N1tn for foreign reserves 

FAAC shares N900bn of N1.9tn revenue, N1tn for foreign reserves

FAAC shares N900bn of N1.9tn revenue, N1tn for foreign reserves  The 36 state governors have endorsed the proposal of the…

2 years ago
FAAC shares to FG, states, LGs drop by N27.4bn

FAAC shares to FG, states, LGs drop by N27.4bn

The Federation Account Allocation Committee (FAAC) has shared N722.677 billion among the three tiers of government for February 2023. This…

2 years ago

Subsidy: FAAC demands petrol consumption records from NNPC

The Federation Account Allocation Committee (FAAC) has asked the Nigerian National Petroleum Company (NNPC) to submit state-by-state consumption of Premium…

3 years ago
Subsidy: NNPC to deduct N114bn from June remittance to FAAC

Subsidy: NNPC to deduct N114bn from June remittance to FAAC

The Nigerian National Petroleum Corporation says it will deduct N114.3bn from its June remittance to the Federation Account and Allocation…

4 years ago
FIRS, other revenue agencies remit N1.54tn to federation account

FIRS, other revenue agencies remit N1.54tn to federation account

The Federal Government received a total of N1.54tn from its revenue generating agencies in the first quarter of 2021 with…

4 years ago