Oil producing states receive N54.206 bn as derivation as FG, States, LGs share N739.96bn for Sept
Oct. 29, 2021 The oil producing states in the country have received N54.206 billion as derivation (13 per cent of Mineral Revenue). This was disclosed by the Federation Accounts Allocation…
FG, States, LGAs share N640.3bn for January
The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry of Finance, Budget and…
FAAC: FG, States, LGs share N619.3bn for December 2020
The Federal Government, States and Local Government Councils (LGCs) have shared N619.343 billion as federation allocation for December, 2020. Mr. Hassan Dodo, Director of Information, Ministry of Finance, Budget and…
FAAC: FG, States, LGAs share N693.529bn for September
The Federation Account Allocation Committee (FAAC) on Thursday in Abuja, shared a total of N693.529 billion to the three tiers of government for the month of September, 2019. The N693.529…
FIRS Refutes Report of 50% VAT Increment
The Federal Inland Revenue Service (FIRS) on Wednesday refuted report of planned increment of Value Added Tax (VAT) by 50 per cent to meet up payment of the newly…
FAAC: FG, States, LGs Receive Over N788bn in Oct., Up From N89.42bn in Sept., as Crude Oil Revenue to Federation Increased By $54.19m
The Federal, States and Local Governments, have shared N788.13 billion as federal allocation for the month of October at the Federation Account Allocation Committee (FAAC)Â meeting. A statement…