Tag: FAAC
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Anambra’s Oil-bearing Status: A Good Fight
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By C. Don Adinuba When he received on Tuesday, August 31, a letter from the Revenue Mobilization Allocation and Fiscal Commission pronouncing Anambra a petroleum-bearing state with all the benefits…
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Kwara Complains Over Drop In Its March Allocation
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…gets N3.2bn as against N3.5bn in February By Wole Adedeji, Ilorin. Kwara State at the weekend received an allocation of N3,280,571,173.55 (N3.2bn) for the month of March as against N3,579,792,341.91…
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FG, States, LGs share N619.3bn for December 2020
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The Federal, States and Local Governments have shared N619.343 billion as federation allocation for December, 2020, N14.572 billion higher than N158.785 billion shared in the previous month 2020. Hassan Dodo,…
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FAAC: FG, States and LGCs share N547.309 billion for the month of May 2020
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The Federation Accounts Allocation Committee (FAAC) Wednesday at its virtual meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the…
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FAAC shares N661.427 bn March 2020 revenue to FG, States and LGs
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The Revenue for the month is N780.927 billion which represents a 34.3% increase over the previous months figure of N581.566. In view of the current challenges facing the Federation, and…
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FG, states, LGCs share N647.353b for January 2020
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BY ONYEKA AJUMOBI ONOCHIE The Federal Government, states and local government councils have shared a total of N647.353 billion for the month of January, 2020, says the Federation Accounts Allocation…
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VAT increase: States, LGs to get more allocation from February – AGF
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Ahmed Idris, Accountant-General of the Federation says States and Local Government Councils will receive additional funds from February following the implementation of the 7.5 increase in Value Added Tax, VAT.…