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Federal Account Allocation Committee

Governor Babajide Sanwo-Olu stated this during a courtesy visit to Lagos House, Ikeja by the Executive Chairman, Federal Inland Revenue Service, (FIRS) Mr. Muhammad Nami.

Governor Sanwo-Olu: No multiple taxation in Lagos

The Lagos State Government has reiterated that there is currently no multiple taxation in Lagos State revenue system.
Senator Ita Solomon Enang, senior special assistant to the president on national assembly matters (senate),

Senator Enang: Governor’s hijacking local councils funds will face trial

The Federal Government has warned some state governors in habits of hijacking Local Government Councils funds to be ready to face the consequences when their immunity is eventually expired.

Kano restates commitment to local and foreign economic partners

Kano State Governor Abdullahi Umar Ganduje has restated his commitment to partner with relevant agencies to ensure greater economic transformation in the state.

Governor Ganduje: Kano plans economic transformation through partnership

Kano State Governor Dr. Abdullahi Umar Ganduje has restated the commitment of his administration to continue to partner with relevant agencies to ensure higher level of economic transformation in the State.

Reps: Over $900 million found in secret non-TSA accounts

The House of Representatives said it discovered that over $900m was still “being held” by Federal Government’s ministries, departments and agencies (MDAs) outside Treasury Single Account (TSA).
Ahmed Idris, the Accountant-General of the Federation (AGF)

FAAC: Federal, states, local governments share N649.19 billion for December 2018

The Federal Government, states and local governments have shared N649.19 billion as revenue for the December 2018.
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.
Zainab Ahmed

FAAC: Federal, states, local governments share N812.76 billion for November

The Federal Government, states and local governments have shared N812.76 billion as revenue for the month of November.

2019: I’m not bothered about my re-election – Nasir El-Rufai

Kaduna State Governor, Mallam Nasir el-Rufai yesterday reiterated that getting reelected as the governor of the state is not paramount in his agenda.

Federal government urges governors to use ecological funds judiciously

The Federal Government on Wednesday urged state governments to judiciously use ecological funds to complement its efforts in addressing the multifarious ecological challenges in various communities across the country.

FAAC: Federal, states, local governments share N714.809 billion in August

The Federal Account Allocation Committee (FAAC) rose from its August meeting, on Thursday, declaring that the three tiers of government shared N714.809 billion as revenue generated in July.

FAAC: Federal, states, local governments share N701 billion for April

The Federal Government, states and local governments shared N701 billion as revenue for the month of April, the Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse, said on Wednesday in Abuja.

States abort FAAC meeting over N37.76 billion shortage in NNPC’s revenue

The monthly Federal Account Allocation Committee meeting, which began on Tuesday was inconclusive due to discrepancies of about N37.76 billion in revenue presented by the NNPC.

NBS: Net FAAC allocation in 2017 stands at N1.73 trillion

The National Bureau of Statistics (NBS) says the net Federal Account Allocation Committee (FACC) allocation to the 36 states in 2017 Fiscal Year stood at N1.73 trillion.

NBS to release 179 reports on economy

The National Bureau of Statistics (NBS) is to release no fewer than 179 reports on different sectors of the economy this year.

Federal, states, local govts share N532.7 billion for October

The Federal, States and Local Government in October shared N532.7 billion which shows a decline of N25.3 billion when compared to what they shared in September.

Import ban on 41 items attracted $10 billion investment – CBN chief Godwin Emefiele

The Governor of Central Bank of Nigeria, Godwin Emefiele has said that Nigeria has attracted investment worth $10 billion following the import prohibition policy imposed on 41 items.

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Tanzanian journalist pleads guilty to money laundering charge, fined $43,000

Journalist Erick Kabendera could finally walk to freedom as he has paid a TZS100 million ($43,325)for money laundering, as ordered by a Dar es Salaam court
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Court remands 36-year-old man for trafficking 5kg of cocaine

A Federal High Court in Abuja on Monday ordered that a 36-year-old man, Augustine Chukwuma, who pleaded guilty to trafficking 5kg of Cocaine, be remanded in a Nigerian Correctional Service centre.
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Former African leaders to deliver lecture at Olusegun Obasanjo’s birthday event

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