Federation Account

OPINION: Distinguishing Between FG Revenue and the Federation Account

January 12, (THEWILL) — Public debate on government finances in Nigeria is once again clouded by confusion, little knowledge and deliberate misrepresentation. At the centre of the current controversy is a misunderstanding of the distinction between total revenue generated...

FG Ends Revenue Deductions By Agencies, Orders Full Remittance To Federation Account

October 10, (THEWILL) — The Federal Government has announced sweeping fiscal reforms that end the long-standing practice of allowing revenue-generating agencies to retain a portion of the funds they collect. The Minister of Finance and Coordinating Minister of the...
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Latest News

We Fought For Your Freedom — Obasanjo Accuses South Africa Of Betraying Africa

Former President Olusegun Obasanjo has accused South Africa of betraying the spirit of African solidarity for which Nigeria fought during the country’s struggle against apartheid.
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