FAAC Shares N714bn March revenue to FG, States, LGAs
The balance in the Excess Crude Account (ECA) was $473,754.57.
The balance in the Excess Crude Account (ECA) was $473,754.57.
Engaged in my gastronomical encounter with my plate of salmon, one of Chile’s largest exports, the pleasure of a fine ...
The disclosure comes after reports showed the government has depleted the savings over the years.
Despite the paucity of evidence, PIB wants 30 per cent of NNP)'s profits to go into this same sinkhole called ...
The Minister of Finance says while the Excess Crude Account (ECA) stands at $72.4 million, the Stabilisation Account is N24.7 ...
The Federal Government received N212.146 billion, the State Governments received N179.242 billion, and the Local Government Councils received N132.193 billion.
The balance in the Excess Crude Account (ECA) as of September 17 was $72.409 million.
The ECA reduced from $325 million last January to the current $71 million.
NEC also resolved that the "Governor of Kaduna State should chair a committee to consider how a portion of Pension ...
The committee stated that as at August 19, 2019, the Excess Crude Account (ECA) is $328.1 million.
Nigeria earned $109.37 billion, approximately N15.274 trillion, as excess crude money between 2004 and 2018.
Crude oil export sales increased by 0.17 million barrels.
Federal, State and Local Governments on Wednesday shared over N701 billion as statutory allocation for the month of May.
Some lawmakers condemned the president for the act and asked that he be punished for it.
N480.59 billion was received as gross statutory revenue, lower than N557.94 billion received in March by N77.34 billion
The matter was eventually referred to the committee on judiciary to handle.
Mr Buhari has explained to the National Assembly why he took the step, a THISDAY report says.
The opposition party says the APC response will not help President Buhari.
The minister opposed the criticisms that have trailed the expenditure.
The governor demanded that the 13 per cent derivation component of the $1 billion be deducted.
The two governors are on different sides on the issue.
Vice President Yemi Osinbajo gives further explanation for the planned withdrawal.
SERAP also asked for more transparency in the process.
The minister's claim on oil price under President Goodluck Jonathan was also wrong.
This was part of the decisions reached at the National Economic Council, NEC, on Thursday.
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