Tag: FAAC
SERAP sues Nigeria’s governors, Wike, over failure to account for FAAC allocations
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria's 36 governors and the Minister of the ...
We’re cutting down cost of governance – Otti
Otti said this at his monthly media interactive session held at the Government House, Umuahia, on Sunday night He said ...
Centre Calls For Transparency As FAAC Allocation Jumps
The federal government received N1.959 trillion in revenue in June The FAAC shared a total of N907.054 billion among the ...
Why We Paid N123bn Interim Dividend To FAAC – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) paid an interim dividend of N123 billion to the Federation Account Allocation Committee ...
FAAC shares N786bn May revenue to Tinubu govt, others
The Federation Account Allocation Committee (FAAC) has distributed a total of N786.161 billion in May 2023 Federation Account Revenue to ...
CBN, FAAC clash over probe of federation revenue accounts
All is not well between the Federation Account Allocation Committee (FAAC) and the Central Bank of Nigeria (CBN) over issues ...
13% refund: Edo received only N2.1bn — Govt
The Edo State government, yesterday, reacted to the controversy trailing the alleged release of trillions of naira out of the ...
FAAC shares N802.407bn June 2022 revenue to FG, states, LGCs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N802.407 billion June 2022 Federation Account Revenue to ...
NNPC: Fuel subsidy, refinery rehabilitation gulped N1.3tn in five months
Figures released on Monday by the Nigerian National Petroleum Company Limited (NNPC) showed that the amount spent as subsidy on ...
NNPC Remits Nothing to FG in May As Petrol Subsidy Gulps N845bn Amid Fuel Scarcity
The Federal Government (FG) has spent over N845 billion on petrol subsidy, a new report by the Nigerian National Petroleum ...
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