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Tag "ECA"

FAAC allocation to FG, states, LGAs increased by N120bn in June

    FAAC allocation to FG, states, LGAs increased by N120bn in June

The federation account allocation committee (FAAC) says it shared N907.05 billion among the three tiers of government in June 2023. The June allocation shows an increase of N120.893 billion compared

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FAAC: FG, states, LGAs shared N655bn in April — down by N58bn

    FAAC: FG, states, LGAs shared N655bn in April — down by N58bn

The federation account allocation committee (FAAC) says it shared N655.93 billion among the three tiers of government in April 2023. Details of the disbursement were contained in a communiqué issued

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FAAC: FG, states, LGAs shared N750bn in January — down by N240bn

    FAAC: FG, states, LGAs shared N750bn in January — down by N240bn

The Federation Account Allocation Committee (FAAC) says it shared N750.174 billion among the three tiers of government in January 2023. The figure represents a decrease of N240.015 billion compared to

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FAAC: FG, states and LGAs share N954bn as allocation for July — up by N151bn

    FAAC: FG, states and LGAs share N954bn as allocation for July — up by N151bn

The federation account allocation committee (FAAC) says it shared N954.085 billion among the three tiers of government in July 2022. The figure represents an increase of N151.678 compared to June’s allocation of

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‘We paid $4m to a lawyer’ — accountant-general speaks on ECA depletion

  ‘We paid $4m to a lawyer’ —  accountant-general speaks on ECA depletion

Ahmed Idris, accountant-general of the federation, has explained how the excess crude account (ECA) balance decreased from $2.2 billion which

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Reps divided over $1bn insurgency fund

  Reps divided over $1bn insurgency fund

Members of the lower legislative chamber of the national assembly were divided on Thursday over a motion to deduct 13

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$1bn B’Haram fund is ‘a step in the right direction’

  $1bn B’Haram fund is ‘a step in the right direction’

The Coalition Against Terrorism and Extremism (CATRE), a civil society group, has described the approval of $1 billion for the fight against Boko

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$1bn B’Haram fund: Gbaja backs Fayose, says govs should have consulted state assemblies

  $1bn B’Haram fund: Gbaja backs Fayose, says govs should have consulted state assemblies

Femi Gbajabiamila, majority leader of the house of representatives, says the Nigerian Governors Forum (NGF) did not follow due process

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Yari: Buhari will never divert public funds for election… Fayose is on his own

  Yari: Buhari will never divert public funds for election… Fayose is on his own

Abdullaziz Yari, chairman of the Nigeria Governors Forum (NGF), says Ayodele Fayose, governor of Ekiti, “is on his own”. On

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Omokri: Anyone accusing GEJ of squandering $65bn is ignorant

  Omokri: Anyone accusing GEJ of squandering $65bn is ignorant

Reno Omokri, ex-aide to former President Goodluck Jonathan on new media, says Rotimi Amaechi, minister of transportation, is ignorant. Omokri

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