August 23, (THEWILL) - The Federation Account Allocation Committee (FAAC) has shared N966.11bn among the three tiers of government for July 2023.
The figure represents a marginal increase of N59.06bn compared to the N907.05bn shared for June 2023,...
The Federation Account Allocation Committee says it shared N655.93bn among the three tiers of government in April 2023. The figure represents a decrease of N58.7bn compared to the N714.63 billion shared in March 2023. FAAC disclosed this in a...
Nigeria’s deposit money banks and other financial institutions, together with the Federation Accounts Allocation Committee (FAAC), raked in N135.56 trillion from electronic payment transactions in the first quarter (Q1) of 2023 as the Central Bank of Nigeria (CBN) intensifies...
February 21, (THEWILL) - The three tiers of government, comprising federal, states and local government councils, shared a total of N750.174 billion as revenue approved for the month of January.
A statement issued by the Federation Account Allocation Committee...
January 18, (THEWILL) - The Federation Account Allocation Committee (FAAC) has shared a total sum of N990.189 billion December 2022 revenue, to the Federal, States and Local Government Councils.
The figure represents an increase of N88.136 billion, compared to the...
Huge amounts of taxpayers’ money have been spent on them without results; and current contracts to rehabilitate the refineries in Port Harcourt, Warri and Kaduna will overflow into the next seven years.
Aside from specific budgetary allocations for major projects...
Argentina began life without Lionel Messi with a disappointing 2-1 defeat to Uruguay in an international friendly at La Bombonera in Buenos Aires on Friday.
