The Federal Government has approved the disbursement of N5billion to states, local government councils and the FCT to cushion the effects of the subsidy removal on petrol. Gov. Babagana Zulum of Borno said this when he spoke at the end…
By Matthew Denis, Abuja The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N954.085 billion to the three tiers of government, as federation allocation for the month of July, 2022. This is contained in a…
By Matthew Denis, Abuja The Federation Account Allocation Committee (FAAC), at its meeting, shared a total sum of N680.783 billion to the three tiers of government as federation allocation for the month of May, 2022. From this stated amount, inclusive…
The Federation Accounts Allocation Committee (FAAC), has shared a total sum of N695.033 billion to the three tiers of government as federation allocation for February. Mr Olajide Oshundun, the Deputy Director, Information, Federal Ministry of Finance, Budget and Planning, said…
By Benjamin Auta The Kaduna State, Local Government Councils, Legislature and Judiciary as well as other stakeholders have all agreed to a new upward improved revenue sharing formula from the federation account. Engr Hassan Hunkuyi, who is a member representing…
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…
