The Federal Government has issued a grave warning following recent torrential rains, revealing that floods have submerged 21 local government areas across 10 states and the...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market...
The Federal Inland Revenue Service (FIRS) has threatened to prevent states and local governments from obtaining loans due to their failure to remit Withholding Tax and...
The Federation Accounts Allocation Committee (FAAC) on Wednesday shared the sum of N725.571 billion to the three tiers of government as revenue allocation for March. The...
The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers of government, N739.965 billion as federation allocation for September. According to a statement from...
Rivers state Governor, Nyesom Wike, has called for the upward review of allocations accruable to the states in view of existing realities. Wike made this appeal...
The Federation Accounts and Allocation Committee (FAAC) on Thursday shared N696.9 billion among the three tiers of government as revenue allocation for August. The Director of...
The Federation Accounts Allocation Committee (FAAC) on Friday shared a total of N733.095 billion as June 2021 Federation Account Revenue to the Federal, States and Local...
The Federal Accounts Allocation Committee (FAAC) on Wednesday said it shared a total of N605.958 billion as May 2021 revenue to the Federal, States and Local...
The Federal Account Allocation Committee (FAAC) shared in November 2020, the sum of N604 billion to the Federal government, States and Local Government Areas, being the...
The Federal Government, states, and local government councils had shared N682 billion as revenue allocation for the month of August. The Permanent Secretary, Ministry of Finance,...
The Federation Accounts Allocation Committee (FAAC) has distributed the sum of N676.407 billion for July 2020 federation account revenue to the federal, states and local government...
The Federation Accounts Allocation Committee (FAAC) shared a total of N651.18billion as allocations to the three tiers of government and other relevant agencies for the month...
The Federal, state and local governments Wednesday shared a total sum of N702.058 billion from the Federation Account for the month of October, the Federation Accounts...
The Chairman of the Nigeria Governors’ Forum (NGF), Kayode Fayemi, on Sunday said the Nigerian Constitution does not recognize local governments in the country as the...
Local government administrations in Nigeria would not be able to withdraw cash above N500,000 daily, from June 1, 2019, the Nigeria Financial Intelligence Unit, NFIU, has...
The Federal, states and local governments in the country shared N619.85 billion for the month of February from the Federation Account. The amount represents revenue generated in...
The three tiers of government have shared N610 billion from the Federation Account for the month of January. This is as revenue fell by N42.21 billion...
The latest statistics from the National Bureau of Statistics, NBS, have shown that the Federal Government, States and Local Governments in the country received a total...
A total of N429.127 billion was distributed among the three tiers of government in Nigeria at the end of the Federal Account Allocation Committee (FAAC) meeting,...
The dwindling revenue of the country became noticeable on Thursday as the Federal Government, states and local governments in the country shared a paltry N299.7 bn...
The Federation Accounts Allocation Committee shared a total sum of N7.75trn among the three tiers of government within the 2014 fiscal period. An analysis of the...
