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FG, States, LGs share N1.143trn May revenue, As FAAC meets in Abuja

The Federation Accounts Allocation Committee (FAAC) has shared a total of N1.143 trillion to the federal government, states, and local government councils as revenue...

Politics

SERAP threatens to sue 36 governors, Wike over FAAC allocations since 1999

Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike...

News

Wike, Governors Get 7 Days Ultimatum To Account For Trillions Of FAAC Allocations

The Socio-Economic Rights and Accountability Project (SERAP) has given the Minister of the Federal Capital Territory (FCT), Mr. Nyesom Wike, and Nigeria’s 36 state...

News

Again, staggering N920bn unexplained as NBS, FAAC release conflicting February disbursement figures

Again, two critical government components, the National Bureau of Statistics (NBS) and the Federation Account Allocation Committee (FAAC) have released conflicting reports on the...

Business

Subsidy: Account For Increased Federal Allocations, Nwodo Tasks Governors, LG Chairmen

Nigerians should be on the toes of state governors and local government chairmen to make open how they expend huge sums of allocations coming...

Business

Investigate Why Dollars Keep Rising After Every FAAC Meeting, Arewa Economic Forum Tells Tinubu

The Arewa Economic Forum (AEF) has asked President Bola Tinubu to take necessary steps to arrest the free-fall of the Naira at the foreign...

News

HoR to monitor FAAC allocations, utilisation

The House of Representatives has mandated its relevant Committees to look into States’ spending and utilisation of the increased allocation from the Federal Account...

Business

FAAC disburses N1.127trn December Revenue to FG, States, LGAs

The Federation Account Allocation Committee (FAAC) has distributed N1.127 trillion December 2023 revenue allocation to the Federal Government, States and Local Government Areas in...

Business

Why Inflation Has Defied All Measures Put In Place By CBN, Agric Ministry— Expert

Some economic and financial experts have revealed why the country’s inflation has defied all measures put in place to curtail its consecutive surge under...

Business

Confusion as FAAC, NBS release different revenue allocation figures for November 2023

Two agencies of the Federal Government, the National Bureau of Statistics (NBS) and the Federation Account Allocation Committee (FAAC) have issued conflicting figures on...

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