The Federation Accounts Allocation Committee (FAAC) has shared a total of N725.5 billion as Federation Account revenue for March to the Federal Government, states, and local government areas. According to a communique issued at the end...
The subsidy on Premium Motor Spirit, popularly called petrol, rose to N675.93bn between January and March 2022, according to the latest data from the Nigerian National Petroleum Company Limited on Wednesday showed. Also, the NNPC has...
The Federation Accounts Allocation Committee (FAAC), has shared a total of N695.033 billion to the three tiers of government as federation allocation for the month of February, 2022. This represents an increase from N574.668 billion shared...
The Nigerian National Petroleum Company Limited is to deduct N242.53bn as subsidy on Premium Motor Spirit, popularly called petrol, from the Federation Account this month. Although it described the proposed subsidy deduction as a value...
The director-general of the National Identity Management Commission (NIMC)Aliyu Aziz, says the National Identity Number (NIN) should become a mandatory requirement for accessing government services. Kayode Fayemi, chairman, NGF and Ekiti state governor, said this at...
Despite the rising international prices of oil, the Nigerian National Petroleum Company (NNPC) Limited failed to remit its statutory funding to the Federation Account which is jointly operated by the federal, state and local governments,...
The federal, state and local government areas have shared a total of N574.668 billion as revenue for the month of January, 2022. This was contained in a communiqué issued at the end of a virtual meeting...
The federation accounts allocation committee (FAAC) says it shared N699.824 billion among the three tiers of government for December 2021. This represents an increase of N23.878 compared to N675.946 disbursed in the previous month. This was contained in...
The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 billion to the federal government, states, and local government councils as the Federation Account revenue for November. Mr Olajide Oshundun, Acting Director, Information, Ministry...
The federation accounts allocation committee (FAAC) shared N671.910 billion among the three tiers of government for October, a reduction of N68 billion of the allocation in September 2021. Oshundun Olajide, acting director, (information), ministry of Finance,...