Tuesday, 19th October 2021
To guardian.ng
Search
Breaking News:

FAAC

29 Sep
Chief Executive Officer of the Nigeria Economic Summit Group (NESG), Laoye Jaiyeola has blamed state governments’ over-dependence on funds coming from the Federation Accounts Allocation Committee ...
29 Sep
The Nigeria Economic Summit Group (NESG) has situated state governments’ inability to generate comfortable internally generated revenue (IGR) on reliance for the monthly Federation Accounts Allocation Committee (FAAC) perks.
1 Sep
Ekiti State Government, yesterday, said it had restored payment of consequential adjustment of the minimum wage for officers on Grade Level 7-8, which was hitherto suspended due to shortfall in revenue from Federation Account Allocation Committee ...
2 Aug
With N438.37 billion recorded as subsidy payments for the first six months of 2021, Nigeria’s revenue problems appear not to abate anytime soon as it continues to take a toll on contributions of the Nigerian National Petroleum Corporation....
14 Jul
The Senate on Wednesday at plenary faulted the Nigerian National Petroleum Corporation (NNPC) over alleged under-remittance of N3.8 trillion revenue from domestic crude oil sales to the Federation Account between January and December 2015.
25 Jun
Bayelsa State government has said deductions amounting to N11.678 billion by the Federal Government from its monthly revenue allocation over disputed oil wells with sister states were illegal.
24 Jun
The Federal Accounts Allocation Committee (FAAC) on Wednesday said it shared a total of N605.958 billion as May 2021 revenue to the Federal, States and Local Governments as well as other relevant agencies.
1 Jun
The Kaduna labour dispute have thrown up an emerging scenario where workers and employers have to be more tactful in resolving disputes, such that facts are properly disputed on the negotiation table.
1 Jun
In the first three months of fiscal year 2021, revenue-generating agencies in the country remitted the sum of N1.538 trillion into the Federation Account, which was distributed among...
22 May
Nigerians may heave a sigh of relief, as the impact of full deregulation of petroleum products in the country by the Nigerian National Petroleum Corporation (NNPC)
12 May
The Judiciary Staff Union of Nigeria (JUSUN) has urged the Federal Government to deduct funds meant for state judiciaries from the May 2021 Federal Account Allocation Committee (FAAC).
11 May
MR. SYLVA OGWEMOH (SAN) is a Lagos based commercial lawyer and Senior Advocate of Nigeria. In this interview with BERTRAM NWWANEKANMA, he spoke on the recent revelation that the Nigerian National Petroleum Corporation (NNPC) may not remit money into the federation account domiciled at the Central Bank of Nigeria for lack of money. What is…

Latest

3 hours ago
England must play their next home match in a UEFA competition behind closed doors following disorder at the Euro 2020 final at Wembley, European football's governing body ruled on Monday.
3 hours ago
The internal crises in the ruling All Progressives Congress (APC) following last weekend’s congresses across the country have continued to deepen...
3 hours ago
Real Madrid midfielder Luka Modric has criticised FIFA's plans for a biennial World Cup and expressed dismay that players have not been consulted.
3 hours ago
Gunmen have killed at least 30 people in an attack in Sokoto State, Governor Aminu Tambuwal confirmed yesterday. The assault began at a weekly market in Goronyo on Sunday and continued into Monday morning...
3 hours ago
Barcelona wants to build for the future with the tantalising prospect of another group of teenage talents emerging together, but for now, reality still bites.