FAAC
26 Oct 2020
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.
16 Oct 2020
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.
15 Oct 2020
Senator Douye Diri, who ‘miraculously’ emerged the 6th governor of oil-rich Bayelsa State on February 14, 2020, after the Supreme Court sensationally halted the swearing-in
11 Oct 2020
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...
9 Sep 2020
The Federal Government, states and councils, in the first half of this year, shared N3.88 trillion in allocation.
7 Aug 2020
In light of the covid-19 pandemic, there have been adjustments to the national fiscal purse. The total FGN spending of N10.52trn (US$27.2bn) including government...
16 May 2020
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...
23 Mar 2020
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 ....
16 Mar 2020
Delta Governor, Ifeanyi Okowa, yesterday said oil-producing states deserved more than 13 per cent derivation from the Federation Account.
6 Mar 2020
The South-South Governors Forum yesterday resolved to set up a regional security outfit and revive the BRACE Commission to tackle developmental issues.
20 Feb 2020
The Federation Accounts Allocation Committee (FAAC), has distributed a total of N647.353billion January 2020 Federation Account Revenue to the Federal, states and local governments in Nigeria.
20 Feb 2020
The Acting Director-General, Securities and Exchange Commission Nigeria (SEC), Ms Mary Uduk, has urged states government to establish specific target projects or companies capable of boosting their Internally Generated Revenue (IGR).
Latest
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Governor Yahaya Bello of Kogi State, on Friday, assured the people of Kogi State, and Nigerians in general, that the governorship election billed for November 11, 2023, would be the most peaceful ever held in the state.
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Barcelona coach Xavi has extended his contract with the Spanish champions by one season until June 2025 with the option of an additional year, the club confirmed on Friday.
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In his recent visit to Nigeria, the United States Deputy Secretary of the Treasury, Wally Adeyemo, engaged in a dynamic roundtable discussion with key stakeholders from the VGG ecosystem.
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DUBAI, United Arab Emirates, 22 September 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, have released their second digital art drop as part of their partnership with Oracle Red Bull Racing. The limited-edition collection of 200 NFTs were sold via Dutch auction on Sept. 20, and sold out within one hour…
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The Federal Government apologised on Friday for saying that President Bola Ahmed Tinubu is the first African President to ring the National Association of Securities Dealers Automatic Quotation System (NASDAQ) closing bell.