As of June 30, 2024, the total debt of Nigeria’s 36 states climbed to ₦11.47 trillion, despite funding from the Federal Accounts Allocation Committee (FAAC) and their internally generated revenues ...
The Federation Account Allocation Committee (FAAC) has distributed N1.298 trillion to the Federal Government, state governments, and Local Government Councils (LGCs) for September 2024. This was revealed in a communiqué ...
Statutory federal allocations to the coffers of the state governments will increase by 69 per cent to N5.54tn in 2024, Checks by The PUNCH have shown. According to figures obtained ...
Revenue generating agencies, Nigeria Customs Service, Federal Inland Revenue Service and Nigerian Upstream Petroleum Regulatory Commission shared N53.5bn as cost of revenue collection in November. The Federation Account Allocation Committee ...
The Postmortem Sub-Committee of the Federal Account Allocation Committee has recommended that the Federal Government refund the N228bn loan it secured from the non-oil excess revenue account to finance the ...
The unification of the country’s exchange rate significantly increased revenue from foreign exchange difference to N1.36tn in six months. This is according to the data obtained from communiques of the ...
In September 2023, the Federation Account Allocation Committee (FAAC) reported a total revenue of N1,594,763 trillion, marking the second instance of higher revenue accrual since the removal of fuel subsidy ...
The Federation Account Allocation Committee says it shared N714.63bn among the three tiers of government in March 2023. The figure represents a decrease of N8.05bn compared to the N722.68bn shared ...
According to the Nigerian government, the Federal Government, States, and Local Governments will share N714.629 billion as the Federation Account Allocation Committee (FAAC) in March 2023. According to a statement ...
Reproduced below is the emir’s full speech, which he made extempore. Let me begin first by welcoming you to the city of Kano and as I did yesterday when the ...
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