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Federal Account Allocation Committee
Osun State Chapter of the Peoples Democratic Party has appealed to Governor Adegboyega Oyetola to make public the true financial position of the state, following the huge deduction from monthly allocation accruing to the state since coming on board.
To maintain the social distancing rule due to the coronavirus outbreak, the April edition of the Federal Account Allocation Committee meeting would hold via video conferencing.
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 State Governor Abdullahi Umar Ganduje has restated his commitment to partner with relevant agencies to ensure greater economic transformation in the state.
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.
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).
The Federal Government, states and local governments have shared N649.19 billion as revenue for the December 2018.
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.
The Federal Government, states and local governments have shared N812.76 billion as revenue for the month of November.
Kaduna State Governor, Mallam Nasir el-Rufai yesterday reiterated that getting reelected as the governor of the state is not paramount in his agenda.
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.
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.
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.
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.
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.
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President Muhammadu Buhari on Wednesday met with a former Minister of Defence, Gen. Theophilus Danjuma (retd.).
President Muhammadu Buhari has urged all Nigerians to seize the opportunity of this year’s Eid-el-Maulud to reflect on the virtues of the Holy Prophet by showing love and understanding for fellow citizens.
Democratic White House hopeful Joe Biden cast his ballot in the US presidential race Wednesday in Delaware, six days before the end of a turbulent campaign pitting him against incumbent Donald Trump.
The Confederation of African Football President Ahmad Ahmad has announced his intention to run for a second term in office.
South African giants, Kaizer Chiefs, has confirmed that goalkeeper, Daniel Akpeyi, has received a call up for Super Eagles’ 2022 Africa Cup of Nations double-header against Sierra Leone in November.
Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.
Some hoodlums have vandalised the Plateau State Secretariat, the Plateau Publishing Company (PPC), publishers of the Nigerian Standard Newspaper, and the State Water Board, all located in Jos.
A former Head of State, Abdulsalami Abubakar, has appealed to the #EndSARS protesting youth to withdraw from the streets and prepare for dialogue and for peace, progress and political stability in Nigeria.
A 26-year-old generator repairer, Dare Olateju, has been arrested by men of Harmonized Vigilante Group in Ogun State for attempting to steal a 2014 model Toyota Camry from a car-mart at Oke-Ilewo, Abeokuta, Ogun State.
Two persons, Ahmed Ibrahim, 58, and Saheed Makinde, 42, have been arrested with three guns that were found in their Toyota Corolla CE car on Saturday morning.