Tribune OnlineSeptember Revenue: FAAC shares N903.480bn to FG, States, LGs The Federation Account Allocation Committee (FAAC) has shared N903.480 billion September 2023 Federation Account Re… Read More

Yesterday, the Enugu State House of Assembly granted approval to Governor Peter Mbah's proposal to secure a N170 billion loan facility for the purpose of financing various capital projects i… Read More

The Federal Government, State and Local Government Councils reportedly received the sum of N966.110 billion to share among them for the month of July 2023. The Federation Account Allocatio… Read More

VerseNews NigeriaFAAC Allocates N966 Billion To FG, States, LGs The sum of N966.110 billion will be shared among the three organs of government – the Federal, States and Local Governm… Read More

On October 21, 1968, a letter was written by a group which went by the name, Egbe Mekunnu Taku, literally, Association of the Adamant Poor, to the then Military Governor of the Western… Read More

The Federal Government has called on Governor Godwin Obaseki of Edo State to behave like a statesman in his actions and utterances since the 2023 elections are over. The government said… Read More

The Federation Account Allocation Committee says it shared N907.05bn among the three tiers of government for June 2023.The figure represents a marginal increase of N120.89bn compared to the… Read More

In line with the provisions of the Petroleum Industry Act 2021, the Nigerian National Petroleum Company Limited (NNPCL) has commenced the payment of dividend into the federation account… Read More

It is normal in a country like Nigeria that many people prefer to be silent on the issue of taxation. It is what could easily be described as the elephant in the room. And this is not just b… Read More

Federal civil servants can look forward to their May salaries soon as plans are underway to unfreeze government accounts. Upon the unfreezing of these accounts, Ministries, Departments and… Read More

President Bola Tinubu has directed the National Economic Council (NEC) led by Vice President Kashim Shettima to device an approach and begin the process of working on interventions to mitiga… Read More

The Federation Account Allocation Committee says it shared N655.93bn among the three tiers of government in April 2023. The figure represents a decrease of N58.7bn compared to the N714.63 bi… Read More

By Nana Musa Abuja, April 19, 2023 The Federation Account Allocation Committee (FAAC) shared N714.629 billion to the three tiers of government in Abuja on Wednesday as federation allocation… Read More

Tribune OnlineFAAC: FG, states, LGs share N990.189bn December revenue THE Federation Ac- count Allocation Committee (FAAC), at its meeting, shared a total sum of N990.189 billion to th… Read More

What is the current exchange rate for dollars and nairas on the black market, commonly referred to as the parallel market (Aboki fx)? See below for the 23rd of February’s black market… Read More

According to a communiqué released by the Federal Accounts Allocation Committee (FAAC) following its meeting on Tuesday, the Gross Revenue available from VAT for December 2022 was N25… Read More

Here are the newspapers business news summary for today Thursday 24 November 2022Summary of Business News 24 November 2022 New naira: CBN, EFCC to track large withdrawals The Governor of the… Read More

July 26, (THEWILL) – The Federation Account Allocation Committee (FAAC) has shared a total sum of N802.407 billion, June 2022 Federation Account Revenue, with the Federal Government, S… Read More

Six international oil companies (IOCs) are expected to pay N380.04bn this October as proceeds from the sale of domestic crude oil. The NNPC Limited which made this known in its monthly p… Read More

………Total Subsidy Spent This Year Stands At N2.568trn The Nigerian National Petroleum Company [NNPC] has informed that cost of Nigeria’s fuel subsidies rose to… Read More

June allocation rises by N121.6bn as FAAC shares N802.407bn Restructure your debts urgently, IMF tells Nigeria, others The balance in Nigeria’s Excess Crude Account (ECA) has reduce… Read More

PRESS STATEMENTConsistent with Government’s policy thrust on transparency, accountability and continuous engagement with the general public, be informed that Bayelsa State Government … Read More

October 29, (THEWILL) – The Federation Accounts Allocation Committee (FAAC) has shared a total of N739.965 billion September 2021 federation account revenue to the federal, states and… Read More

The Federation Accounts Allocation Committee (FAAC) has shared a total of N601.110 billion November 2020 federation account revenue to the Federal, States and Local Government Councils and… Read More

El-Rufai-led committee proposes N385 per litre for petrol, describes subsidy as evil A governors’ committee headed by Kaduna State Governor, Mallam Nasir el-Rufai on Wednes… Read More

Zainab Ahmed, minister of finance, budget and national planning, says the government can no longer sustain petrol subsidy payments which currently stand at about N250 billion monthly. Briefi… Read More