FG to begin deduction of N614b bailout funds to states in September for return to CBN
The minister spoke at a Public Consultative Forum on the draft 2020-2022 Medium Term Expenditure Framework/Fiscal Strategy Paper in Abuja
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Tag: Federation Account Allocation Committee
FAAC disburses N270.17b to FG in January – NBS
The Federation Account Allocation Committee disbursed the sum of N270.17 billion to the Federal Government in January, 2019, the National Bureau of Statistics has disclosed.
FAAC: FG, states, LGs share N788.1b for October
The Federal Government, states, FCT as well as the 774 local governments on Wednesday shared N788.1 billion for the month of October.
PDP to Buhari, APC: Speak out on alleged N21b found in Daura’s residence
The party said the discovery has “not only exposed the shameless hypocrisy of the Buhari Presidency, but also stripped it of all integrity and brought its deceptive saintly posturing to ...
Ekiti releases allocation from Federation Account for July 2018
The figures were released by the Office of the Special Adviser to Governor Ayodele Fayose on New Media, Lere Olayinka
FAAC: Buhari orders review of revenue template as FG, States, share N821.9b in June
The Minister of Finance, Kemi Adeosun, conveyed the President’s directive on Friday while giving a breakdown on how N821.9 billion revenue generated in June was shared among the three tiers ...
Breaking: At last FG, states, LGs share May allocation as FAAC says dispute not over
The Director of Information, Federal Ministry of Finance, Hassan Dodo, made this known in a statement on Friday in Abuja
Governors meet to discuss FAAC deadlock, minimum wage
The June monthly meeting of FAAC in Abuja ended in a deadlock.
States insist NNPC must remit N20b to Federation Account
The Chairman of the Finance Commissioners Forum, Mamood Yunusa, told reporters on Saturday night in Abuja that the NNPC must pay fully what is due to FAAC
Breaking: Why FAAC meeting is deadlocked – Minister of Finance Kemi Adeosun
Adeosun gave the explanation in a statement on Thursday
FG receives N263.28b from FAAC allocation in February – NBS
The NBS made this known in FAAC for February 2018 Disbursement data posted on the bureau’s website.
FAAC: FG, States, LGs share February allocation
The Minister of Finance, Kemi Adeosun, said this in Abuja, while briefing newsmen on the outcome of the monthly FAAC meeting.
FAAC allocation increased by 25% in 2017 – NEITI
NEITI’s Director Communications and Advocacy, Dr. Orji Orji, said this in a statement
Bayelsa civil servants not paid December salary despite Governor’s directive
Dickson gave the directive on Wednesday
Paris Club refund: Nine States to wait as 27 get paid
However, nine States will not be getting their share now for various reasons, including overpayment during the first two tranche received
FAAC: FG, States, LGs share November revenue
The distribution is timely as it will enable states and local councils to pay workers ahead of Christmas, in the opinion of the Chairman, Commissioners of Finance Forum, Mahmoud Yunusa
FAAC meeting adjourned over NNPC’s failure to provide component statement
This was revealed by one of the Commissioners for Finance
Nasarawa secures N1.8b loan to pay LG workers’ salary
The State Commissioner for Local Governments and Chieftaincy Affairs, Haruna Iliya-Osegba, disclosed this at the meeting of state/local government Joint Account Committee in Lafia.
FAAC disbursement: Labour urges Bayelsa to source funds for November salary
Tari Dounana, the Bayelsa State chapter Chairman of the TUC, made the suggestion against the backdrop of a statement by Daniel Iworiso-Markson, the Commissioner for Information, blaming the state’s inability ...
FAAC: States abandon meeting
The Chairman, Forum of Finance Commissioners in Nigeria, Mahmoud Yunusa, said the forum came to the decision after consultation with their state governors
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