The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.101 trillion revenue that was generated in August, 2023 to the three tiers of government being monthly allocat… Read More
Nigeria’s most successful Economic period was under Obasanjo – El Rufai
Former Governor Nasir El-Rufai of Kaduna State has stated that former President Olusegun Obasanjo yielded… 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
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
The Federation Account Allocation Committee (FAAC) has shared the sum of 907.054 billion naira June 2023 Federation Account Revenue to the Federal Government, States and Local Government C… Read More
The distribution of revenue accruing to the three tiers of government for the month of June 2023 last week, at the Federation Account Allocation Committee, and resolutions from the National… Read More
FAAC Shares ₦786 Billion To FG, States, LGs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion to the federal, state a d Local Go… Read More
The Bayelsa government on Wednesday confirmed it got N90b from the Excess Crude Account (ECA) from the Federal Government as of October 2022. ECA is a fund that warehouses oil revenue in exc… Read More
Nigeria’s extra crude account has declined through 89 in keeping with cent withinside the closing 8 years, transferring from $4.1bn in November 2014 to $472,513 withinside the equal le… 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
As Russia’s war in Ukraine passes the one-year mark, and the battles on the ground move forward with escalating levels of ferocity, governments around the world continue to coordinat… Read More
According to currency dealers in Nigeria’s Abuja Zone 4 market, a dollar was purchased today for 745 Naira and sold for 742 Naira.747₦ it traded yesterday .
More also the… Read More
This is my final instalment on the rise and fall of Matt Hancock, the former Health and Social Care Secretary.
Those who missed them — and the drama of the pandemic — can catc… Read More
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday called on the federal government to immediately abolish the Excess Crude Account (ECA) and transfer the balance to… Read More
The House of Representatives has approved the review of the parameters for the 2020/2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.
The House differed with the recommendati… Read More
Nigeria’s Excess Crude Account (ECA) has been ranked as the most poorly governed among similar funds operated by resource-rich countries in Sub-Saharan Africa, a new report by the Natu… Read More
Funds in the Excess Crude Account (ECA) were taken to buy the Super Tucano Jets and other military equipment, the Minister of Finance, Mrs. Zainab Ahmed, has explained.
There have been conce… Read More
The federal government says it is planning to create 21 million jobs and lift 35 million people out of poverty in its new National Development Plan (2021-2025).
The new plan is a successor… Read More
Reno Omokri, a former presidential aide, has reacted to the position of Zamfara State Governor and Chairman of the Nigerian Governors Forum, Abdulazeez Yari on the $1billion withdrawn from… Read More