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Federal Accounts Allocation Committee

Bismarck Rewane: Nigerians should expect petrol price increase

The Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has said fuel subsidies are a huge drain on government’s revenue.

FAAC: Kwara gets N3.2 billion for January

The Federal Accounts Allocation Committee which distributes monthly allocation to the three tiers of government, is to release the sum of N3,295,247,595.34 to the Kwara State Government for the month of January.

Festus Keyamo: When looters say they will jail looters, expect lootocracy

Mr. Festus Keyamo has reacted to a statement by Kola Ologbondiyan, who said that the Peoples Democratic Party (PDP) presidential candidate for the 2019 general elections, Atiku Abubakar, if elected in 2019, would jail “all looters” of public treasury under the President Muhammadu Buhari-led government.
Kola Ologbondiyan

PDP asks President Buhari, APC to speak out on alleged N21 billion found in...

The party said the discovery has “not only exposed the shameless hypocrisy of the Buhari Presidency, but also stripped it of all integrity and brought its deceptive saintly posturing to a disgraceful end”.
Governor David Nweze Umahi

Ebonyi pays July salaries amidst FAAC impasse

There was jubilation in Abakaliki, the Ebonyi State capital, on Friday as civil servants in the state started receiving alerts for their July salaries despite the inability of the Federation Accounts Allocation Committee (FAAC) to release both the June and July allocations to states.

Governor Wike: How we paid June salaries without FAAC

Governor Nyesom Wike of Rivers State has said that his administration was able to pay the salaries of civil servants for June 2018 without releases from the Federal Accounts Allocation Committee, FAAC, because of careful financial engineering.

Kwara government pays June salary despite FAAC deadlock

Despite the deadlocked Federal Accounts Allocation Committee meeting over disputed payments into the federation purse, the Kwara State Government on Friday commenced payment of June salaries to state workers.

2019: Jim Ovia endorses Governor Ambode for second term

Chairman of Zenith Bank Plc, Mr Jim Ovia, has expressed his desire to see Mr Akinwunmi Ambode re-elected as governor of Lagos State in 2019, hinging his position on what he sees as impressive performance in the last three years.

FAAC: Fed govt, states, local govts share N558bn in October

Mr Ahmed Idris, Accountant-General of the Federation, said the Federal Government, States and Local Governments shared N558.082 billion in October compared to N637.704 shared in the previous month.

Paris Club refund is our right – Governor Abubakar

The refund of the excess paid by States on the Paris Club loan has been described as the rights of the States and not a privilege.

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Police: Gunmen attack mourners in Benue, kill four

The Benue Police Command has confirmed the killing of four persons in the early hours of Saturday at a burial in Tongov district of Katsina-Ala Local Government Area.
Pierre-Emerick Aubameyang celebrates putting Arsenal back into the lead against Burnley . REUTERS

Dani Ceballos, Pierre-Emerick Aubameyang synergy sink Burnley at Emirates

Pierre-Emerick Aubameyang grabbed the winner as Arsenal overcame a stubborn Burnley to maintain their winning start in the Premier League with a 2-1 victory at the Emirates Stadium on Saturday.
The National Business and Technical Examinations Board, NABTEB, has released the 2019 May-June NBC-NTC examinations

NABTEB releases 2019 May/June results

The National Business and Technical Examinations Board, has released the 2019 May/June NBC/NTC examinations
Governor David Nweze Umahi

Ebonyi government commences construction work on Redeem Church road

Ebonyi State government has commenced construction work on a 150-metre road leading to the Redeemed Christian Church of God, Gate of Heaven Parish, at the Nkaliki area of Abakaliki, the state capital.

Pipeline surveillance: Ex-agitators urges federal government to fulfil promise to engage them

Ex-agitators in the Niger Delta region are calling on the federal government to fulfill its promise to engage them with pipeline surveillance jobs.