Why we’re seeking lawmakers’ approval for N100 billion – Delta Govt
Delta State is solvent, an official said.
Tag: Federation Accounts Allocation Committee (FAAC)
![Minister of Finance, Zainab Ahmed [PHOTO CREDIT: @FinMinNigeria]](https://media.premiumtimesng.com/wp-content/files/2021/01/EpN3R3BW8AYskow-350x250.jpg)
FG, States, LGs share N739.96 billion for September
“From this amount, the Federal Government received N276.008 billon, states got N139.995 billion, LGCs got N107.930 billion, and Derivation (13 ...
FG, states, LGs share N760.7 billion for July
The total amount shared by FG, States, LGs was inclusive of Value Added Tax (VAT) and Exchange Gain.
![Minister of Finance Budget and National Planning in the Buhari administration, Zainab Ahmed [PHOTO CREDIT: @FinMinNigeria]](https://media.premiumtimesng.com/wp-content/files/2020/03/Minister-of-Finance-Budget-and-National-Planning-Zainab-Ahmed...jpg)
FAAC shares N681.330 billion March 2021 revenue to FG, states, LGAs
The Federal Government received N212.146 billion, the State Governments received N179.242 billion, and the Local Government Councils received N132.193 billion.
Move to compel Delta govt to release details of education fund progresses in court
SERAP wants the Delta government to release details of its education spending.
FG, States, LGs share N682.060 billion for August
The balance in the Excess Crude Account (ECA) as of September 17 was $72.409 million.
FG, States, LGAs share N676.407 billion FAAC allocation for July
Oil and Gas Royalty, Petroleum Profit Tax (PPT), and Value Added Tax (VAT) increased considerably, while Companies Income Tax (CIT), ...
![Minister of Finance Budget and National Planning, Zainab Ahmed [PHOTO CREDIT: @FinMinNigeria]](https://media.premiumtimesng.com/wp-content/files/2020/02/Minister-of-Finance-Budget-and-National-Planning-Zainab-Ahmed1.jpg)
Excess oil revenue savings rise to $72m as FAAC shares N651.18bn in June
The federal government received N266.131 billion while state governments got N185.774 billion.
Nigerian govt, states, local councils share N547 billion in May
The meeting was presided by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Mahmoud Isa-Dutse.
![Nigerian finance Minister, Zainab Ahmed [PHOTO: Pulse.ng]](https://media.premiumtimesng.com/wp-content/files/2020/04/Zainab-Ahmed22-e1596550179976.jpg)
Nigerian govt, states, local councils share N606 billion for April
The federal government received about N169.831 billion, the states N86.140 billion, and local government councils N66.411 billion.
Coronavirus: Amid drop in oil revenues, FAAC shares N781bn for March
Details of the revenue distribution was contained in a Statement of Accounts issued by the FAAC in Abuja.
Lawyer asks court to nullify Emefiele’s re-appointment
Mr Uboh is accusing the CBN governor of conniving with the Nigerian National Petroleum Coporation (NNPC) to commit fraud.
36 states, FCT generate N324.59 billion IGR in 2018 Fourth Quarter – NBS
The figure is N60 billion higher than that of third quarter.
IMF clarifies report on Nigeria’s Sovereign Wealth Fund
The IMF report had been criticised by some Nigerians.
Nigeria’s Excess Crude Account depletes 73% in three weeks
Federal, states and local governments share N812.8 billion for November.
Documents show ‘broke’ NNPC stacked trillion naira debt, unable to meet commitments
Recent events have shown the state oil company is still encumbered by a frail balance sheet.
Nigeria risks slipping into another recession, MPC warns, suggests solutions
MPC said external reserves dropped from $45 billion at the end of July 2018 to about $44 billion on September ...
FAAC disburses N3.946trn in 6 months – NEITI
Delta State received the highest allocation of N101.19 billion in the six-month followed by Akwa Ibom with N100.2 billion.
FAAC shares N715bn for July, prepares new revenue template for NNPC, others
Federal government, states, others share N714.8 billion for July.
Buhari intervenes on solution for FAAC revenue sharing controversyÂ
Three tiers of government share N821.9 billion allocation for June.
Again, FG, states revenue sharing meeting deadlocked
The FAAC meeting has again been rescheduled for Thursday.
Why FAAC meeting ended in deadlock – Adeosun
The minister expresses hope that the reconciliation would be concluded soon to enable FAAC reconvene.
FAAC stalemate: Workers won’t get salaries, Bayelsa govt says
Monthly meeting for sharing of revenue could not hold Wednesday because of dispute over remittance by NNPC.
Excess Crude Account receives first transfer since Nigeria’s recession
Federal, State and Local Governments on Wednesday shared over N701 billion as statutory allocation for the month of May.
Emergency FAAC meeting ends without resolving crisis
The committee resolves to share what is available.