13 percent oil derivation fund Archives

FAAC: FG, states, LGAs shared N722bn as allocation in February — down by N27bn

The Federation Account Allocation Committee (FAAC) says it shared N722.677 billion among the three tiers of government in February 2023. The disbursement shows a decrease of N27.497 billion compared to

13% derivation: I owe no one apology for commending Buhari, says Wike

Nyesom Wike, governor of Rivers, says he does not owe anyone an apology for commending President Muhammadu Buhari for approving the payment of funds owed to states in the Niger

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13% derivation: Wike hails Buhari for ‘paying money owed to Niger Delta states since 1999’

Nyesom Wike, governor of Rivers, says President Muhammadu Buhari approved the payment of funds owed to states in the Niger Delta since 1999. Wike said this on Friday at the

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PDP senator asks RMAFC to list Enugu among oil producing states

Chukwuka Utazi, People’s Democratic Party (PDP) senator representing Enugu north senatorial district, has asked the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to declare Enugu as an oil producing state.

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