FAAC: FG, States, LGAs Shared N722bn In February
The Federation Account Allocation shared N722.7bn revenue among the federal, state and local governments in February 2023, OduNews reports.
State Governments Receive N767bn FAAC Allocation In Q2’22
The 36 state governments received N767.05 billion in net value from the Federation Account Allocation Committee in the second quarter of 2022.
Nigeria’s Excess Crude Account Falls To $376,655 From $35.7m
Nigeria’s economic woes became more evident on Tuesday as the Federal Government disclosed that the country’s Excess Crude Account balance...
FAAC Disburses N802.4bn June Revenue To FG, States
The Federation Account Allocation Committee has disbursed N802.4 billion to the federal government, states and local governments. The funds represented...
Nigerian States To Lose N18.8bn In Oil, Gas Revenues In 2022 – World Bank
The World Bank has projected that Nigerian states will record an N18.8bn loss in oil and gas revenues in 2022.
63M Tech Devices Sold In Nigeria Yearly; FAAC Disburses N656bn April 2022 Revenue To FG, States And LGC’s
Data from Original Equipment Manufacturers have shown that about 63 million devices are sold in Nigeria yearly. The report submits...