AdminMar 28, 20181 min readFAAC ends crisis, allocates N647bn to FG, states, LGsThe Federation Accounts Allocation Committee has finally resolved to allocate funds to the three tiers of government. The FAC committee...
AdminFeb 19, 20183 min readFalana blasts FG, states failing to prosecute suspects of killings in NigeriaHuman rights lawyer, Femi Falana (SAN), has ​condemned the delay in prosecuting over 100 suspects arrested in connection with the...
AdminFeb 9, 20182 min readNorth-east: FG, states spend $6.4bn in 2 yearsMinister of State for Budget and National Planning, Zainab Ahmed, on Thursday that the federal government and the six North-east states...
AdminFeb 4, 20181 min readFG, States, LGs shared N5.9trillion in 2017A new report by the Economic Confidential has disclosed that the Federal Government, 36 states and the 774 local government councils in...
AdminJan 24, 20182 min readFG, States, LGs share N655bn for JanuaryThe Federation Account Allocation Committee on Tuesday shared N655.17 billion to the three tiers of government as revenue for January....
AdminDec 16, 20172 min readFAAC: FG, States, LGs share N609.95bn November revenueThe Federation Account Allocation Committee (FAAC) has distributed N609.95 billion from the Federation Account to Federal, States and...
AdminOct 25, 20171 min readFAAC: FG, states, LGs share N558bn for SeptemberThe Federation Account Allocation Committee (FAAC) Tuesday shared N558 billion to the three arms of government as revenue for the month...
AdminSep 21, 20172 min readNigerian government not against states developing power projects – FasholaThe Federal Government of Nigeria has stated that it will not stop any state government from developing its own power projects to support...
AdminSep 21, 20171 min readSenate frowns at misappropriation of World Bank loans by some statesSenate has frowned at the misappropriation of World Bank loans by some state governors across the federation. Speaking after the...
AdminAug 23, 20171 min readFAAC: FG, states, LGs share N467.8bn for JulyA total of N467.852 billion has been distributed as Federal Allocation for the month of July, 2017 to the Federal Government, State...
AdminAug 20, 20171 min readFAAC: Breakdown of how FG, States, FCT shared N2.56trn in 6 monthsThe Federal government, 36 states and the Federal Capital Territory (FCT) shared the sum of N2.56 trillion in the first half of 2017 from...
AdminMay 21, 20172 min readFG, States, LGs share N1.4trillion in first quarter [Breakdown]The Federal Government, the 36 states and their local government areas have so far shared N1.4 trillion from the federation account,...
AdminDec 16, 20161 min readFG, States, LGs share N386bn for NovemberA total sum of N386.879 billion has been disbursed as Federal Allocation for the month of November 2016 for the Federal Government, State...
AdminOct 21, 20162 min readFG, States, LGs share N420bn in SeptemberThe three tiers of government shared N420 billion as revenue for September as against N510.3 billion shared in August. The sum of N510...
AdminSep 21, 20162 min readFAAC: FG, States, LGs share N510bn in AugustShe made the disclosure while addressing a news conference on the outcome of the Federation Account Allocation Committee (FAAC). The...
AdminSep 14, 20162 min readStates, LGs deserve more allocation than FG – Tambuwal“There’s urgent need to review the allocation formula in the country because doing so will strenghten the Nigerian federation and help to...
AdminAug 21, 20162 min readFederal government deducts N32bn from States’ allocation over debts incurredIn a report by the Economic Confidential, the economic intelligence magazine, Osun state appears to be the worse hit by the development...
AdminAug 7, 20162 min readSome states will change name, others will totally collapse – Primate Ayodele predictsThe primate said the soul of Nigeria was under threat. While unveiling his annual book of prophecies ‘Warnings to The Nations’ in Lagos...
AdminJun 27, 20163 min readStates’ financial burden thickens as 15 may go bankrupt [See list of rich, poor states]The report further indicates that the IGR of Lagos State of N268bn is higher than that of 32 States combined together excluding Rivers,...
AdminMay 25, 20162 min readFG, States, LGs share N207.88bn April federal allocationThe allocation was shared among the three tiers of government as follows: Federal Government 52.68%, States 26.72%, Local government...
