…FAAC records revenue growth By Sodiq Adelakun In the recent communique from the Federation Account Allocation Committee, the unification of the country’s exchange rate has significantly increased the revenue from exchange difference. According to the communique, Exchange Difference revenue was…
The Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the Federation Account Allocation Committee (FAAC) for the month of June. FAAC had on Thursday shared N907 billion among…
The Federation Account Allocation Committee (FAAC) has shared the sum of N907.054 billion to the federal, state and local governments. Director (Press and Public Relations) of the Office of the Accountant General of the Federation (OAGF), Mr Bawa Mokwa in…
The federal, state, and local governments will be sharing a total sum of N786.161 billion according to the Federation Account Allocation Committee (FAAC). This was disclosed in a communiqué at the end of the FAAC meeting chaired by the new Accountant-General of the Federation,…
By Matthew Denis The Federation Account Allocation Committee (FAAC) at its Meeting shared a total sum of N714.629 billion to the three tiers of government as Federation Allocation for the month of March, 2023. From the stated amount inclusive of…
The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N750.174 billion to the three tiers of government, as Federation Allocation for the month of January, 2023. From this stated amount, inclusive of Gross Statutory Revenue,…
By Matthew Denis The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N750.174 billion to the three tiers of government, as Federation Allocation for the month of January, 2023. From this stated amount, inclusive of…
By Matthew Denis The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N902.053 billion to the three tiers of government, as Federation Allocation for the month of November 2022. From this stated amount, inclusive of…
The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N736.782 billion to the three tiers of government, as Federation Allocation for the month of October, 2022. In a statement signed by the Director, Information and…
By Matthew Denis Abuja The Federation Account Allocation Committee (FAACFAAC), at its Meeting shared a total sum of N760.235 billion to the three tiers of government, as federation allocation for the month of September, 2022. From this stated amount, inclusive…
