Tag: FAAC
FG blocks October FAAC revenue to Rivers State as Fubara, Wike feud deepens
The stoppage of allocation to the state by the federal government comes amid the perennial feud between Governor Simi Fubara ...
Nasarawa Gov: Northern governors only opposed to VAT removal from FAAC
On October 13, Tinubu asked the national assembly to consider and pass four tax reform bills. The proposed legislations are ...
SERAP sues Nigeria’s governors, Wike, over failure to account for FAAC allocations
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria's 36 governors and the Minister of the ...
We’re cutting down cost of governance – Otti
Otti said this at his monthly media interactive session held at the Government House, Umuahia, on Sunday night He said ...
Centre Calls For Transparency As FAAC Allocation Jumps
The federal government received N1.959 trillion in revenue in June The FAAC shared a total of N907.054 billion among the ...
Why We Paid N123bn Interim Dividend To FAAC – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) paid an interim dividend of N123 billion to the Federation Account Allocation Committee ...
FAAC shares N786bn May revenue to Tinubu govt, others
The Federation Account Allocation Committee (FAAC) has distributed a total of N786.161 billion in May 2023 Federation Account Revenue to ...
CBN, FAAC clash over probe of federation revenue accounts
All is not well between the Federation Account Allocation Committee (FAAC) and the Central Bank of Nigeria (CBN) over issues ...
13% refund: Edo received only N2.1bn — Govt
The Edo State government, yesterday, reacted to the controversy trailing the alleged release of trillions of naira out of the ...
FAAC shares N802.407bn June 2022 revenue to FG, states, LGCs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N802.407 billion June 2022 Federation Account Revenue to ...
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