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Federation Account Allocation Committee
The Federation Account Allocation Committee (FAAC), yesterday, announced the disbursement of the total sum of N635.55 billion to the three tiers of the federation for the month of February as revenue received in January 2018.
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Tuesday in Abuja said the Federation Account Allocation Committee (FAAC) disbursements increased by 25 per cent in 2017.
The Federation Account Allocation Committee on Tuesday shared N655.17 billion to the three tiers of government as revenue for December.
Between October 2016 and September 2017, the federation account received a total inflow of N908.9bn in Value Added Tax receipts from the Federal Inland Revenue Service, figures obtained from the National Bureau of Statistics have revealed.
The federal government, 36 states and 774 local government received N533 billion from the federation account as statutory allocation funds for November.
Ekiti State Governor, Mr Ayodele Fayose, has faulted Vice President, Prof Yemi Osinbajo’s comment that the Nigerian National Petroleum Corporation, NNPC, was bearing the cost of fuel subsidy and not the federal government.
Several civil servants in Bayelsa may have a bleak Christmas as they are yet to be paid their November and December salaries.
The Minister of Finance, Kemi Adeosun, has expressed sadness over the news of the death of a senior photographer with the Leadership Newspaper, Christopher Danladi.
An emergency session of the Nigeria Governors Forum (NGF) is currently on going at the State House Conference Center (Old Banquet Hall), Abuja.
The Nasarawa State Government says it has secured a N1.5 billion-loan from a commercial bank to pay local government workers’ December salary.
The federal government has made good its promise to release the balance of the Paris Club refund to states, as 27 states of the federation have so far benefitted from the latest refunds.
The Federation Account Allocation Committee has distributed N609.95 billion to Federal, States and Local Governments as revenue generated in November.
The Federal Government on Saturday confirmed the release of the final tranche of the Paris Club refund to 27 state governments.
The Federal Government has identified fresh defaulting taxpayers and dispatched letters to them to take advantage of the Voluntary Assets and Income Declaration Scheme in regularising their tax status.
The City manager was charged by the FA on Friday for "wearing a political message," which is in breach of the English governing body's kit regulations.
The Department of Petroleum Resources, DPR, Jos Field Office, which discovered over 40, 000 litres of petrol hoarded by independent Marketers in Mangu Local Government Area of Plateau State, has ordered its sale at regulated price to members of the public. It also sealed three fuel stations in Jos South and Mangu LGA, for operating illegally.
Deputy President of the Senate, Senator Ike Ekweremadu, says the abduction of Dapchi schoolgirls is one of the signs that Nigeria is facing difficult times under the Buhari administration, saying they were possibly ill and starving in the forest.
Governor Ibrahim Gaidam has offered jobs to 38 first class graduates of the Yobe State University (YSU).
Operatives of the Nigerian Security and Civil Defense Corps (NSCDC), Kano State Command, have intercepted two trucks laden with 85,000 litres of petrol while trying to divert the product.
The wife of Kwara governor, Mrs Omolewa Ahmed, has promised to support students to establish anti-cancer clubs in tertiary institutions in the state to jointly wage war against the scourge in the country.
Embattled Australian Deputy Prime Minister Barnaby Joyce said Friday he would step down on Monday following a scandal which began when a newspaper revealed he had impregnated an ex-staffer during an extra-marital affair.
Delta State Commissioner, Ministry of Oil and Gas, Mofe Pirah, has given indication that three out of the four envisaged modular refineries in Delta located at Kwale, Okpai and Sapele with 10,000 bpd capacity upon getting approval will commence construction hopefully before the end of this year.
President Muhammadu Buhari said his government has sent more troops and surveillance aircraft to the entire North East territory on a 24-hour basis, to recover the schoolgirls abducted from the Government Girls Technical College, Dapchi in Yobe State.