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Tag "FAAC allocation"

FAAC allocation, half-year GDP reports… 7 business stories to track this week

    FAAC allocation, half-year GDP reports… 7 business stories to track this week

Here are the seven top business stories you need to track this week — September 25 to September 29. CBN GETS NEW GOVERNOR, DEPUTIES Yemi Cardoso has assumed office as

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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, LGs share N671bn as allocation in October — down by N68bn

  FAAC: FG, states, LGs share N671bn as allocation in October — down by N68bn

The federation accounts allocation committee (FAAC) shared N671.910 billion among the three tiers of government for October. This figure is

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FG, states, LGs share N739bn as federation allocation for September

  FG, states, LGs share N739bn as federation allocation for September

A total sum of N739.965 billion has been shared by the three tiers of government as revenue from the federation

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Despite huge federal allocation, Bayelsa among list of insolvent states

  Despite huge federal allocation, Bayelsa among list of insolvent states

The Annual State Viability Index (ASVI) ranked Bayelsa — one of Nigeria’s oil-producing states — as an insolvent state, despite

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We are NOT broke, says NNPC

  We are NOT broke, says NNPC

The Nigerian National Petroleum Corporation (NNPC) says the zero revenue projection for May pertains only to the federation revenue stream

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