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Federation Accounts Allocation Committee

Kemi Adeosun: Delay in budget passage will have some impact

The Minister of Finance, Mrs Kemi Adeosun, said the delay in passage of the 2018 budget would have some impact on the nation and cause some adjustments in implementation.

Federal, states, local governments share N625.827 billion for March

The federal government and the other two tiers of government on Thursday shared the sum of N626.827bn for the month of March, 2018.

Bayelsa government releases N10.4 billion for capital projects in two months

Bayelsa State Government paid N10.4billion in February and March to contractors handling various capital projects across the state.

FAAC ends rift, allocates N647 billion to federal, states, local governments

The Federation Accounts Allocation Committee has suspended the revenue crisis that made it impossible to share the statutory allocation on Tuesday to pave way for the disbursement of funds to the three tiers of government.

Enugu to spend N42.8 billion on infrastructure in 2018

The Enugu State Government says it will spend N42.8 billion as capital expenditure in the state’s 2018 budget to improve infrastructure and amenities.

PDP mandates its lawmakers to launch restructuring bill

The Peoples Democratic Party (PDP) has mandated lawmakers elected on its platform to commence the process of putting together a bill that will ensure the actualisation of the restructuring of the country.

There’s massive corruption in new fuel subsidy regime – PDP

The Peoples Democratic Party (PDP) says there is a massive corruption in the new regime of fuel.

PDP urges President Buhari to take decisive action against killer herdsmen

Nigeria’s main opposition party, the People’s Democratic Party, PDP, has urged President Muhammadu Buhari to take firm action to stop to the killings by armed herdsmen.

Tin Can Customs command generates N262 billion revenue

The Tin Can Island Command of the Nigeria Customs Service (NCS) generated N262.3 billion revenue between January and November.

NNPC, FAAC to parley on Monday over discrepancies

The Nigerian National Petroleum Corporation (NNPC) and the Federation Accounts Allocation Committee (FAAC) will tomorrow meet to reconcile the discrepancies in data submitted at its last meeting.

FAAC meeting postponed over discrepancies in revenue figures

The Federation Accounts Allocation Committee meeting was on Thursday postponed due to what was described as discrepancies in revenue figures presented to the committee by the Nigerian National Petroleum Corporation.

Bayelsa govt debunks NLC claims on workers salaries

The Bayelsa State Government has lambasted the Nigeria Labour Congress (NLC) over its claims that Bayelsa State was one of the states that did not utilise the bailout fund to pay workers salaries.

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Ex-VP Atiku Abubakar donates N10 million to victims of Windstorm in Bauchi

Former Vice-President Atiku Abubakar has donated the sum of N10 million to the victims of windstorm that wreaked havoc in Bauchi recently.

N450m fraud: Dele Belgore seeks court’s permission to attend daughter’s graduation abroad

A former governorship aspirant in Kwara State, Mr. Dele Belgore (SAN), who is being tried for an alleged fraud of N450m, has urged the court to permit him to attend the graduation of his daughter in the United Kingdom.
President Buhari signs 2018 Appropriation Bill into Law in State House on 19th June 2018 | State House

President Buhari dissolves NABTEB board

President Muhammadu Buhari has approved the dissolution of the Governing Board of National Business and Technical Examination Board.
Tony Omenyi

Monies received from NAF contractor are refunds not bribe – ex-Airforce chief tells court

A former Managing Director of the Aeronautical Engineering and Technical Services Ltd told the Federal High Court, Abuja, on Monday that monies paid into his account by a contractor were refunds and not bribes or kickbacks.
Eagles during the Russia 2018 FIFA World Cup match between Nigeria v Iceland on the 22nd June 2018 at Volgograd Arena, Russia | KABIRU ABUBAKAR

NFF: Super Eagles will play best game against Argentina

The Nigeria Football Federation on Monday assured that the Super Eagles would give their best as they tackle Argentina in their last group D match in the FIFA World Cup in Saint Petersburg on Tuesday.