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The federal and state governments have expressed readiness to commence direct disbursement of funds to all 774 local governments across…
Barring any last-minute change of plan, councils will begin to get direct allocation from the Federation Account next month. The…
The Kaduna State Governor, Senator Uba Sani, on Saturday, lamented the huge debt inherited from his predecessor, Malam Nasir El-Rufai,…
Projections indicate that the 36 states in Nigeria are expected to receive a total of N5.5 trillion through the Federation…
The Nigerian National Petroleum Company Limited remitted literally zero funds to the Federation Account in 2022 due to the payment…
The Federation Account Allocation Committee says it shared a total sum of N1.13 trillion of earnings in December 2023 with…
The Nigerian National Petroleum Company Limited (NNPCL) on Wednesday, December 13, said it remitted N4.5trillion revenue into the Federation Account…
Federal allocation to states and local government areas may increase by 109.74 per cent to N14.04tn in 2024. This is…
The Minister of Finance, Mr Wale Edun, says that the Federation Account is witnessing improved revenue inflow since the removal…
NNPCL sold crude oil valued at N26.496 trillion but only remitted N13.226 trillion into the federation’s account, a report by…
Federation Account Allocation Committee (FAAC) has shared N903.4 billion September 2023 Federation Account Revenue to the Federal Government, States and…
