Home Topics ECA

ECA

Ahmed Idris, the Accountant-General of the Federation (AGF)

FAAC: Federal, states and local governments share N610.368 billion for January

The Federation Accounts Allocation Committee (FAAC) has shared a total of N610.368 billion to the three tiers of government.
Pope Francis attends a Eucharistic celebration at the Regia Hall of the Apostolic Palace in the Vatican on February 24, 2019, within the fourth and last day of a global child protection summit for reflections on the sex abuse crisis within the Catholic Church. GIUSEPPE LAMI / POOL / AFP

Pope compares child sex abuse to ‘human sacrifice’, vows action

Pope Francis on Sunday vowed to tackle every single case of sexual abuse by priests in the Roman Catholic Church, comparing paedophilia to “human sacrifice”.

Eliot Uko: President Buhari won’t escape ‘retirement’ verdict of voters

Despite fears and insinuations that the shift of presidential and the National Assembly polls would benefit President Muhammadu Buhari and his ruling All Progressives Congress (APC), the Igbo Youth Movement (IYM) has disagreed, saying that the president’s certain fate had been sealed already as he would be “retired” at the polls.
Aleksander Ceferin, the Uefa president, says a European Super League is ‘a fiction or a dream’. Thanassis Stavrakis-AP

UEFA president Aleksander Ceferin set for re-election but battles await

Aleksander Ceferin will win a new four-year term at the head of European football’s governing body on Thursday but battles still await the UEFA president two and a half years after the corruption scandal that toppled his predecessor Michel Platini.

Federal government disburses N2.2 trillion to states as palliatives

The federal government on Tuesday revealed that it has so far disbursed a total of N2.231 trilion to 35 state governments from 2016 to date as palliative measures to enable them pay workers’ salaries.

Governor Wike: Withdraw $500 million from excess crude account to clean up Ogoni land

Governor Nyesom Wike of Rivers State has called on President Muhammadu Buhari to withdraw $500 million from the Excess Crude Account (ECA) to facilitate the clean-up of the impacted Ogoni environment.
Zainab Ahmed

FAAC plans fresh guidelines for remittance, withdrawal from ECA

For more transparent dealing and avoidance of rancour, the Federation Accounts Allocation Committee (FAAC) is planning fresh guidelines for revenue remittances and withdrawals from the nation’s Excess Crude oil revenue Account (ECA).
Zainab Ahmed

Excess crude account declines by $1.68 billion in three weeks

Mahmoud Isa-Dutse, the permanent secretary of the ministry of finance, says the balance of the excess crude account declined by $1.68 billion between November 25 and December 19.

12 soldiers killed, dozens missing in battle with terrorists

At least 12 Nigerian soldiers were killed and dozens of others are missing after fighting with Islamists in Borno State, three military sources said yesterday.

Nigerian Army: $1 billion approved to fight insurgency hasn’t been released

The Nigerian army says it is yet to get $1 billion approved to fight insurgency and other security challenges in the country.
Juventus Andrea Agnelli

Andrea Agnelli: No Super League talks since 2015

Juventus chairman Andrea Agnelli insists there have been no discussions over the prospect of a European "super league" since 2015.
Sahle-Work Zewde

Ethiopia’s Sahle-Work Zewde, other women appointees start nationwide peace drive

Ethiopian president Sahle-Work Zewde was joined by top female government appointees to launch a nationwide peace campaign.
United Nations UN

ECA: Nigeria to host Africa Trade Forum 2018

The United Nations Economic Commission for Africa (ECA), on Wednesday said Nigeria is set to host the Africa Trade Forum 2018.
MUHAMMADU BUHARI 2

AFRICMIL sues Muhammadu Buhari over withdrawal of $496 million for purchase of Tucano aircraft

The African Centre for Media and Information Literacy, AFRICMIL, a civil society organisation, has filed a suit against President Muhammadu Buhari over the purchase of 12 Tucano aircraft worth $496 million without the approval of the National Assembly.

2019: Ben Nwabueze disagrees with Nnamdi Kanu on boycott of elections

Legal Icon and chairman of the Igbo Leaders of Thought, ILT, Professor Ben Nwabueze, SAN, has cautioned against the boycott of the 2019 elections to avert a costly mistake.

Igbo group threatens to boycott 2019 election

The Eastern Consultative Assembly (ECA) has threatened to boycott the 2019 Presidential Election, citing alleged irregularitues in the conduct of the just concluded Osun State rerun governorship election.
Acting Finance Minister of Finance Zainab Ahmed

Federal, states, local governments share N742 billion in August

The Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa-Dutse, made this known in Abuja while briefing journalists on the outcome of the monthly Federation Account Allocation Committee (FAAC) meeting.

FIFA to reintroduce agent licences

FIFA are set to reintroduce licences for player agents and has adopted, in principle, a limit on player loans.

Recent Stories

Businessman sent to prison over alleged N42 million fraud

A 42-year old businessman, Joshua Alele Momodu has been ordered remanded at the Ikoyi Correctional Facility, Ikoyi, Lagos pending when he will be able to perfect the bail conditions granted him by an Igbosere Chief Magistrates’ Court for allegedly obtaining the sum of N42 million from the management of Adeeman Nigeria Limited under false preference.

Man bags six months imprisonment for stealing yams

A Dutse Grade 1 Area Court, Abuja on Friday sentenced a 20-year-old man, Aliyu Musa, to six months imprisonment for stealing yams valued at N100,000.
In 2016 while inspecting ongoing projects in the state, Rivers State Governor, Nyesome Wike said his administration had built over 200 roads and bridges in the state.

Governor Wike lobbying to join APC – party leaders

The major stakeholders of the All Progressives Congress (APC) in the 20 wards of Port Harcourt City council area (PHALGA) of Rivers State have accused Governor Nyesom Wike of desperately lobbying to join the APC, since the former Vice-President, Alhaji Atiku Abubakar is not allowing him (Wike) to take over the People’s Democratic Party (PDP).
Enyimba International Football Club of Aba on Sunday booked a spot in the group stage of the CAF Confederation Cup following a 2-1 away win against South African side TS Galaxy.

Enyimba chase consolidation points against Agadir

Confederation Cup campaigners Enyimba have a good chance of pushing closer to the next round as the host Hassania Agadir of Morocco on Sunday.
The Vice President, Prof. Yemi Osinbajo, on Saturday reiterated the commitment of the Federal Government towards free and compulsory education of the first nine years of a child school life across the country.

VP Osinbajo: Finance act will stimulate Nigerian economy

Vice-President Yemi Osinbajo on Saturday asserted that the Finance Act 2020 would stimulate the Nigerian economy and put the country on the path of geometric economic growth.