gross revenue. Archives

FAAC: FG, states, LGs shared N1.14trn in January — up by N22bn

The federation account allocation committee (FAAC) says it shared N1.14 trillion with the three tiers of government in January 2024. The figure represents an increase of N22 billion compared to

FAAC: FG, states, LGAs share N680bn as allocation in May — up by N44bn

The federation account allocation committee (FAAC) says it shared N680.783 billion with the federal, states and local governments for May 2022. FAAC said this in a communiqué issued on Friday

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NNPC records N1.29trn revenue deficit in 9 months

The Nigerian National Petroleum Corporation (NNPC) says it recorded a revenue deficit of N1.29 trillion from January to September this year. This is according to NNPC’s September presentation to the

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NNPC: Revenue from crude oil, gas sales up 37.31% to N223.34bn in November

The gross revenue realised from crude oil and gas sales by the Nigerian National Petroleum Corporation (NNPC) in November 2020 rose by 37.31 percent to N223.34 billion. This is compared

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