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Business Nigeria: Finance Minister, Adeosun Reveals Account Balance of Excess Crude Account
The Minister of Finance, Mrs Kemi Adeosun, on Thursday during the Federation Accounts Allocation Committee (FAAC) meeting said that the Excess Crude Account stood at 3.03 billion dollars as at August 25, 2016. Adesoun, was represented by the Permanent Secretary, Mr Mahmoud Isa-Dutse, explained...- ProfRem
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- excess crude account faac kemi adeosun nigeria news nigerianbulletin
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Business FAAC: Breakdown of How Much President Buhari's Govt. Received in One Year
President Muhammadu Buhari’s administration received a total of N2,203,573,573,563.25 from the Federation Account as allocation between June 2015 and May 2016. The report conducted by Economic Confidential reveals the following: - June 2015 – N173.91 - July - N412.60 billion - August -...- ProfRem
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- economic confidential faac federal allocation nigeria news nigerianbulletin tsa
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Business Finance Minister, Adeosun Reveals Excess Crude Account Balance For June
The Minister of Finance, Mrs Kemi Adeosun, told the National Economic Council (NEC) yesterday that the Excess Crude Account stood at $3.93bn as at July 20, 2016. The account was $2.259bn in May. - Excess Crude Account Balance For May Adeosun, also said that the Federal Account Allocation...- ProfRem
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- excess crude account faac kemi adeosun national economic council nigeria news
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Business FG, States, LG Share Highest Allocation Since Inception of Buhari’s Administration
The Federal Account Allocation Committee (FAAC), says on Thursday it distributed the sum of N559.032 billion to the three tiers of government. This makes it highest allocation since the APC led administration of President Muhammadu Buhari took over power 12 months ago. Minister of Finance...- kemi
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Business FAAC Shares N305.12Bn Among FG, States and LGs in May
The three tiers of government heaved a sigh of relief as they shared N305.128 billion at the end of the May Federation Account Allocation Committee (FAAC) meeting in Abuja as against N281.5 billion shared in previous month. The slight improvement in revenue was as a result increased accruals...- ProfRem
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- faac federation account allocation committee may 2016 nigeria
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Politics Breakdown of Federal Govt Allocation to States [June 2015 - May 2016]
Economic Confidential, an intelligence economic magazine has released a new report showing how 36 states and the 774 local government councils in Nigeria shared N2.8 trillion from the Federation Account in the one year of President Muhammadu Buhari’s administration. The report covers between...- kemi
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- faac federal allocation lagos state muhammadu buhari
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Politics Osun: 3 Reasons Why It Got Only N6 Million From Federation Account
The Federation Account Allocation Committee (FAAC) in its February 2016 sharing formula allocated a total of 2.422 billion naira to Osun state out of which only a meager of 6.23 million got to the state because of various deductions. Implication is that Osun with the newly created local...- ProfRem
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- debt profile faac federation accounts and allocation committee osun rauf aregbesola
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Politics Osun: Reactions Trail Allocation of N6 Million To The State From Federation Account
Following the released of document from the Federation Accounts Allocation Committee (FAAC) by the BudgIT Nigeria today for the February 2016 allocations, Nigerians have started to reacted to meager amount received by the Osun state government after deduction of various charges owing to debts...- ProfRem
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- budgit faac osun osun state news rauf aregbesola
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Politics Nigeria: Why FG May Lose Control of Revenue From 31 Agencies - RMAFC
Fresh trouble is brewing for the cash-strapped Federal Government as the Revenue Mobilisation, Allocation and Fiscal Commission (RMFAC) yesterday declared that the presidency was wrong to have arrogated to itself the control of revenue generated by some 31 agencies. RMFAC is charged with...- ProfRem
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- 31 agencies faac federal government of nigeria guardian newspaper revenue rmafc shettima umar abba
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Politics State Allocation: Details Of Lagos, Akwa Ibom, Delta, Osun in 3 months of Buhari's administration
With 3 months of Buhari's administration, Akwa Ibom took the larger share of the revenue with a total of N46,241,827,910.07bn. In June, the state got N18,175,010,722.06; and N13,367,661,397.29bn, July N14,699,155,790.72bn and August 2015. Lagos state under the administration of Akinwunmi...- ProfRem
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- akwa ibom allocation delta faac kano osun states
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- Forum: Political News Links
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