Bayelsa government laments decline in federal allocations
The Bayelsa State government has lamented the decline in revenues accruing to it from the Federation Account, while announcing its income and expenditure for August, September and October 2020.
EFCC, FAAC collaborate to ensure proper remittances from government agencies
Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mohammed Umar Abba, has expressed worry over dwindling remittances from revenue-generating agencies into the Federation Account, saying the Commission would beam its searchlight on such agencies. Abba disclosed this when a delegation of the Post-mortem Sub-committee of the Federation Account Allocation Committee (FAAC) led by…
Rebuilding ruins of violence amid low revenues
The spate of vandalism, violence and looting, hopefully, has ended. But it leaves in its wake heaps of ruins at major streets, bus terminals, markets and commercial hubs.
FAAC: FG, States, LGCs share N639.9bn for September
The Federal Government, states and local government councils have shared N639.901 billion for the month of September, Mr Aliyu Ahmed, Permanent Secretary, Ministry of Finance, Budget and National Planning, has said.
Issues around minimum wage in Kwara
This is the moment for hard truth and sober reflection. On October 6, 2020, a local blog published a screenshot of a story it had published on May 20, 2019, accompanied with a video footage...
FG, states, councils share N3.88 trillion
The Federal Government, states and councils, in the first half of this year, shared N3.88 trillion in allocation.
FG, states share N606.196b April’s FAAC revenue
The federal government and states of the federation have shared the sum of N606.196billion federation revenue generated in the month of April, this year. According to a statement by the Director of Press and Information in the ministry, Mr. Hassan Dodo...
States may need bailout to cushion effects of dipping revenues
Following the dipping revenues currently available to government on account of the Coronavirus outbreak that had impacted negatively on oil prices at the international market, the states might soon scout for bailout as allocations from the Federation Accounts Allocation Committee ....