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FAAC

19 Feb 2020
The Acting Director-General (DG) of the Securities and Exchange Commission (SEC), Mary Uduk, has implored state governments to establish companies for specific target projects to boost their Internally-Generated Revenue (IGR).
14 Feb 2020
Federal, states, local councils and other statutory recipients in 2019 shared N8.15 trillion from the Federation Accounts and Allocation Committee (FAAC), a quarterly review from the Nigerian...
13 Feb 2020
The Nigeria Extractive Industries Transparency Initiative (NEITI) said the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC) shared N8.15 trillion in 2019.
30 Jan 2020
To promote transparency in governance, the Abuja Municipal Area Council (AMAC), has raised an alarm on the council’s financial challenges and inability to meet its day to day obligations.
17 Jan 2020
The Federation Accounts Allocation Committee (FAAC) has shared N716.298 billion to the three tiers of government for the month of December 2019.
6 Jan 2020
When Prince Dapo Abiodun assumed the mantle of leadership on May 29, 2019, as the fifth executive Governor of Ogun State, his ascendancy on the throne was seen...
17 Dec 2019
The All Progressives Congress (APC) has faulted claims that it got N90b or N40b from the Federal Inland Revenue Service (FIRS) to buy votes during the 2019 general elections.
7 Nov 2019
The Seriake Dickson administration in Bayelsa State has announced N14.2 billion as its total inflow from the Federation Accounts Allocation Committee (FAAC) for the month of September.
18 Oct 2019
The Federation Account Allocation Committee (FAAC) on Thursday in Abuja, shared a total of N693.529 billion to the three tiers of government for the month of September 2019.
12 Oct 2019
Vice President Yemi Osinbajo and Delta State Governor, Ifeanyi Okowa have called for strong collaboration among the three tiers of government in the fight against poverty in the country.
12 Oct 2019
Revenue (IGR) from the 36 states and the Federal Capital Territory (FCT) at N691.11 billion.
20 Sep 2019
The Federal Account Allocation Committee (FAAC) yesterday distributed N740.88 billion to the federal, state and local governments as allocation for August 2019. Federal Government received N301.804 billion (52.68 per cent), the states N188.925 billion (26.72 per cent) and councils N142.654 billion (20.6 per cent), while the oil-producing states got N43.513 billion as 13 per cent…

Latest

2 hours ago
NEW YORK, 22 September 2023 -/African Media Agency(AMA)/- African Union Heads of State and Government, global health leaders and development partners today issued a joint call for urgent action to address the looming malaria emergency. They warned that failure to act now will put at risk both the African Union’s target of eliminating malaria in Africa…
3 hours ago
Phrank Shaibu, the Special Assistant on Public Communication to former Nigerian Vice President Atiku Abubakar, has unveiled what he described as "the 10 big lies" that have so far characterized the administration of President Bola Tinubu. Shaibu, in a statement issued on Sunday, said the “big lies” were evidence that Tinubu’s only plan was to…
4 hours ago
It is no news that social media directly affects our state of mind. Vinton Cerf and Robert Khan who are credited with inventing the Internet probably never considered the psychological impact of their invention. Martin Cooper, who developed the first hand-held phone, also played a part in this by making phones portable, so that we…
4 hours ago
Son Heung-min's double earned Tottenham a point from a pulsating 2-2 draw against Arsenal, as Liverpool moved into second in the Premier League with a 3-1 win over West Ham on Sunday.
5 hours ago
Tottenham came from behind twice to rescue a pulsating 2-2 draw against Arsenal thanks to Son Heung-min's double in Sunday's north London derby.