Africa’s regional integration agenda progressing slowly – Report
March 3, 2024 Africa’s regional integration agenda is progressing, though slowly, the Economic Commission for Africa (ECA) report on Assessment of progress on regional integration in Africa says. The ECA,…
FAAC:Â FG, states, LGs share N903.480 bn in September
Oct. 24, 2023 The Federation Account Allocation Committee (FAAC) has shared a total of N903.480 billion September 2023 Federation Account Revenue to the Federal Government, states and Local Government Councils…
FG, states, LGCs share N966bn for July – FAAC
Aug. 22, 2023 The Federation Account Allocation Committee (FAAC), has shared N966.110 billion revenue to the Federal Government, States and Local Government Councils (LGCs) for July. This is contained in…
FAAC: 3 tiers of govt share N907.054bn in June as ECA now stands at $473,754.57Â
July 21, 2023 The Federation Account Allocation Committee (FAAC) has shared the sum of 907.054 billion Naira June 2023 Federation Account Revenue to the Federal Government, States and Local Government…
Africa Finance Ministers seek IMF’s special drawing rights system reforms
May 23, 2023 African Ministers of Finance, Planning and Economic Development have called for reforms of the IMF’s Special Drawing Rights (SDR) system. The ministers made the call at the…
Nine Oil Producing States Get N625.43bn 13% Derivation, Others in 2 years – Presidency
December 2, 2022 The Federal Government on Friday, said that nine oil-producing states have received 13 per cent derivation, subsidy and SURE-P refunds from the Federation Account in the last…
Nigeria’s ECA now $60.85m
July 16, 2021 The National Economic Council (NEC) has disclosed that the Excess Crude Account (ECA) balance stood at $60,852,533.19 as at 13th July, 2021 The Minister of State for…
How Illicit financial flows hampers Africans from accessing $13trn investment funds
The Economic Commission for Africa (ECA) has urged member countries to put together, a better transparency package to access 13 trillion dollars of investment that was ready to boost economies,…
African govts. develop modalities to fill $92.8bn annual development financing gap
African governments have begun developing modalities to fill the annual development-financing gap of 92.8 billion dollars to implement the 2030 Agenda, achieve Agenda 2063 and actualise the Paris Agreement. Mr….
Nigeria’s ECA currently stands at over $72m – Finance Minister
The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed has disclosed that the nation’s Excess Crude Account (ECA) balance as at 16th March, 2021 stood at $72,412,384.88. The…