FAAC Shares N680.783bn May Revenue to FG, States, LGC
By Tony Obiechina, Abuja The Federation Account Allocation Committee (FAAC) has shared a total sum of N680.783 Billion May 2022 Federation Account Revenue to the […]
Federation Account
FG, States, LGs Share N671.9bn For October, 2021
By Tony Obiechina, Abuja The Federation Accounts Allocation Committee (FAAC), on Wednesday shared to the three tiers of government, a total sum of N671.910 billion […]
FG Moves to Slash Revenue Sharing Formula in Favour of LGs
By Tony Obiechina, Abuja The Federal Government may have proposed a new allocation formula for the sharing of revenue from the Federation Account. The new […]
Fiscal Federalism: Lagos Demands 1% in Revenue Allocation Formula
Lagos State Government on Monday demanded for one percent share in the revenue allocation formula, maintaining that the special status of the State and its […]
FG, States, LGs Share N696.9bn for August 2021
By Tony Obiechina, Abuja The Federation Accounts Allocation Committee (FAAC) has shared a total of N696.965 billion August 2021 Federation Account Revenue to the Federal, […]
The New VAT Combat Is A Protest, By Eric Teniola
The actions of Chief Nyesom Wike (57) governor of Rivers state and Mr. Babajide Sanwo-Olu (56) governor of Lagos, have made us to take another […]
Top 5 Viable States In 2020 Unveiled
Five top most viable States in Nigeria have been unveiled by the the ECONOMIC CONFIDENTIAL, which released its fifth Annual States Viability Index ( ASVI). […]
Senate mandates MDAs on 100% remittance of IGR to Federation Account
Senate has mandated Ministries, Departments and Agencies (MDAs) funded by Federal Government to henceforth remit 100 per cent of their Internally Generated Revenues (IGR) into […]
Ekiti govt. restores full subvention to EKSUTH, begins full implementation of minimum wage
Ekiti government, on Tuesday, announced the restoration of 100 per cent monthly subvention to Ekiti State University Teaching Hospital (EKSUTH), beginning from August. The Commissioner […]
FRSC yet to remit N5.1bn to federation account, FRC alleges
The Fiscal Responsibility Commission (FRC) has alleged that the Federal Road Safety Corps (FRSC) is yet to remit N5.1 billion into the Federation Account from […]