State Governments: Another cycle of non-payment of salaries to begin soon
There were news reports yesterday that President Buhari had approved the suspension of the payment of interest on debts owed ...
Tag: Federal Allocation Accounts Committe FAAC
Nigerian Oil producing States shared N302 billion in 7-months
Data obtained from the National Bureau of Statistics has shown that the Oil Producing States in Nigeria shared N302.8 billion ...
Debts-Revenue Quagmire heightens, as 10 States in Nigeria owe N2.74 trillion
Ten states in Nigeria have accumulated biggest debt profiles above N100 billion each. Collectively, these highly indebted states owe both ...
FG to review revenue sharing formula
FG to review revenue sharing formula
Delta State takes biggest share of states FAAC allocation
The Federation Account Allocation Committee (FAAC) disbursed the sum of N619.86bn to the three tiers of government in March 2019.
Delta State led FAAC allocations for states in 2018
The 36 states in Nigeria shared a total of N2.5 trillion for the 12 months January to December 2018. This ...
FAAC disburses N788.14 billion for the month of October
The Federation Account Allocation Committee (FAAC) disbursed the sum of N788.14 billion to the three tiers of government in November ...
How State Governments will become richer without FAAC allocation
Kebbi State announced in August that the state generated a revenue of N150 billion from the sale of its local ...
Federal, States, LGs got ₦741.843 billion allocation in August
FAAC met in Abuja to disburse ₦741.84bn among tiers of government from revenue generated in August.
FAAC: State Finance Commissioners accuse FIRS of N90 billion shortfall
FAAC may turn its focus to the NCS and FIRS over the poor remittances.
