…Shares N739.97bn to FG, States, LGCs …Suspends $418m Paris Club deductions The Federation Accounts Allocation Committee (FAAC) has deducted the sum of N126.272billion for cost of collection, statutory transfers, savings and refunds from the September 2021 revenue. The committee also shared a…
…Reject payment of consultants …Seek delay of repayment By Uthman Salami The State Governors of the federation have rejected plans by the federal government to commence deduction from the federation account for the payment of consultants for the Paris Club…
The Federation Accounts Allocation Committee (FAAC) has shared a total of N696.965 billion August 2021 Federation Account Revenue to the Federal, States and Local Governments Councils. This was contained in a communiqué issued at the end of the virtual meeting…
The Federation Accounts Allocation Committee (FAAC) has shared N760.717 billion as federation allocation for the month of July. This is contained in a statement by, The Deputy Director (Information), Ministry of Finance, Budget and National Planning, Mr Oshundun Olajide in…
The Federation Accounts Allocation Committee (FAAC) has shared a total of N681.33 billion as March 2021 federation revenue to the Federal, States and Local Governments Councils and relevant Agencies in the country. In the month of March 2021, N154 billion…
The National Economic Council (NEC) has dismissed claims that N60 billion was printed to augment the Federation Account Allocation Committee (FAAC) for March. Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Mr Laolu…
The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry of Finance, Budget and National Planning, said this was made known in a communique…
The Federation Account Allocation Committee (FAAC) disbursed the sum of N604 billion to the three tiers of government in November 2020 from the revenue generated in October 2020. This is stated in the FAAC report for the month of November…
The Federal Government, States and Local Government Councils (LGCs) have shared N619.343 billion as federation allocation for December, 2020. Mr Hassan Dodo, Director of Information, Ministry of Finance, Budget and National Planning announced this on Wednesday in Abuja. Dodo said…
