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.
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”.
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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Names, bank account numbers of 29,000 Facebook employees stolen from car
Facebook on Friday alerted employees that hard drives rich with information about those on the social network’s payroll were stolen from a car last month.
Cleric advises Nigerians to utilise advantages of border closure
A Cleric, Christopher Qwolabi, on Friday, advised Nigerians, especially youths, to utilise the advantages of the nation’s border closure to be self-productive and reliant.
Senator Marafa: Governors plotting to replace Adams Oshiomhole with Abdulaziz Yari
Kabir Marafa, a former senator, said some governors are plotting to replace Adams Oshiomhole, national chairman of the All Progressives Congress (APC) with AbdulAziz Yari, former governor of Zamfara state.
Wayne Rooney confesses his ambition to manage after he retires from playing
Wayne Rooney admits he has a desire to get into football management as he prepares for his return to the English game in January.
Lebanon premier asks World Bank, IMF help with economic rescue plan
Lebanon’s caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked country.
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Premier League expected to trial concussion subs from next season
In fact, when I was a kid growing up, I remember it being a regular joke among supporters if a player was down with a head injury. ‘Don’t worry,’ someone would inevitably say. ‘It’s only his head,’ relieved and only half-joking that it wasn’t a knee or ankle problem.
Cardi B joins Lagos nightlife, visits strip club with Jidenna
Cardi B might have, earlier in the week, gone through some drama with her husband Offset, but the 27-year-old social media sensation is not letting that hold her down as she is living her best life in Lagos.
Kelechi Iheanacho scores, bags assist in first Premier League start as Leicester win 4-1...
Super Eagles striker Kelechi Iheanacho marked his first Premier League start of the season with a goal and an assist as Leicester City thrashed home side Aston Villa 4-1 at Villa Park on Sunday.
Ministers: Why Nigeria must borrow $22.7 billion now
The ministers, including that of Finance, Mrs. Zainab Ahmed; Works and Housing, Babatunfe Fashola, and Minister of State for Transport, Gbemisola Saraki, made the submission at a session with the House of Representatives Committee on Aids, Loans and Debt Management, headed by Safana Dayyabu (APC, Kano).
Maurizio Sarri: Juventus red card changed everything against Lazio
Juventus manager Maurizio Sarri has spoken out after losing to Lazio in a Series A fixture on Saturday night which was their first of the season.