HomeTagsFAAC

Tag: FAAC

Business

Revenue Drops By N354.863bn As FAAC Allocates N906.9bn To Three Tiers Of Govt

The Federation Account Allocation Committee (FAAC) has shared a total sum of N906.95bn October 2023 Federation Account Revenue to the Federal Government, States and...

Business

Despite NEITI’s $1.9bn FAAC Under-Remittance Claim, FG Still Owing NNPC Ltd Over $9.74bn Fuel Subsidy Debt

Despite the claims by the Nigeria Extractive Industries Transparency Initiative (NEITI) that the defunct Nigeria National Petroleum Corporation (NNPC) did not remit $1.9bn to...

Business

Tinubu sets up committee to reconcile alleged discrepancies in NNPC’s remittances to FAAC

President Bola Tinubu has set up an inter-agency committee to resolve the lingering row between the Nigeria National Petroleum Company Limited (NNPC) and the...

Business

FG, states, LGs share N902bn as FAAC allocation for November

This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting, in Abuja, last night,The N902.053 billion...

News

Poverty ‘glows’ in states amid mounting debt burden

• Nigeria Incurs N1.22t In Three Months, National Debt Hits N44t • Excessive Debt Reduces Public Investment Capacity, Limits Private Investment —Oyelaran-Oyeyinka • Governors Failure To...

12Page 2 of 2

Must Read

News

Nigeria Intensifies Flood Preparedness, Activates Operational Offices...

Business

Report Reveals Only 11% of Informal Sector...

Education

TASUED resumes suspended second semester examinations Tuesday

Sport

Ahead of CAF Champions League engagements, others:...

About NigeriaDNA

NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.