The sum of N700.235bn has been shared between the three tiers of government by the Federation Account Allocation Committee as federation allocation for the month of...
A report issued by the Federation Account Allocation Committee (FAAC) showed there was a rise in allocation shared by federal, state and local governments in the...
The international financial institution, World Bank has asked Nigerian states to prepare for massive revenue loss in oil and gas this year. Naija News understands that...
The importation of petrol by the Nigerian National Petroleum Company (NNPC) Limited in April gulped N271.13 billion. The national oil company made this known in its monthly...
There is bitter lamentation coming from states over the delay in the payment of salaries and capital expenditures, says the Federation Account and Allocation Committee. Due...
The sum of ₦725bn has been shared by the Federation Accounts Allocation Committee (FAAC) among the three tiers of government. The fund shared among the Federal,...
The Nigerian National Petroleum Company Limited (NNPCL) says the fuel subsidy between January and March 2022 has risen to N675.93bn. Naija News reports that the national...
The Nigerian National Petroleum Company Limited said it is expected to remit the sum of N322.45bn in April 2022 to the Federation Account. The said amount...
The Nigerian National Petroleum Company (NNPC) Limited has announced the deduction of N328 billion from state governments’ monthly contribution to the federal account for April 2022. The...
The sum of N590.546bn was shared as allocations between the Federal, State and Local Government Areas in Nigeria in the month of February 2022. Naija News...
Nigerian National Petroleum Company Limited, NNPC, has said it will make withdrawal of N242.53bn from the Federation Account Allocation Committee account as subsidy for Premium Motor...
The Federation Accounts Allocation Committee (FAAC) has disbursed the sum of N574.7 billion to the three tiers of government. The funds are meant to cover various...
Governor Nyesom Wike of Rivers State has described as untrue the claims by some governors that their state is poor. According to the Peoples Democratic Party...
The Federation Accounts Allocation Committee shared to the three tiers of government a total of N760.717bn as federation allocation for the month of July. According to...
President Muhammadu Buhari-led government, states and local government councils shared ₦7.23trillion from the Federation Account in 2020. The fund which was shared by the Federal Government,...
The federal government has finally acknowledged that Nigeria is facing difficult financial challenges as revenues continue to nosedive. The Minister of Finance, Budget and National Planning,...
The federal government of Nigeria has shed more light on what transpired between the central and state governors as regards the allocation sharing for March 2021....
Governor Abubakar Atiku Bagudu of Kebbi stated has faulted claims by Governor Godwin Obaseki that the federal government printed N60 billion to share to states. Atiku,...
Allocations shared between the Federal, State and Local Government Areas in Nigeria in the month of March 2020 was higher than that of April, Naija News...
A total of N617.566 billion was Tuesday distributed as Federal Allocation for the month of March 2019 among the federal, state and local governments. A communique...