FAAC ends crisis, allocates N647bn to FG, states, LGs
The Federation Accounts Allocation Committee has finally resolved to allocate funds to the three tiers of government. The FAC committee...
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Falana blasts FG, states failing to prosecute suspects of killings in Nigeria
Human rights lawyer, Femi Falana (SAN), has condemned the delay in prosecuting over 100 suspects arrested in connection with the...
North-east: FG, states spend $6.4bn in 2 years
Minister of State for Budget and National Planning, Zainab Ahmed, on Thursday that the federal government and the six North-east states...
FG, States, LGs shared N5.9trillion in 2017
A new report by the Economic Confidential has disclosed that the Federal Government, 36 states and the 774 local government councils in...
FG, States, LGs share N655bn for January
The Federation Account Allocation Committee on Tuesday shared N655.17 billion to the three tiers of government as revenue for January....
FAAC: FG, States, LGs share N609.95bn November revenue
The Federation Account Allocation Committee (FAAC) has distributed N609.95 billion from the Federation Account to Federal, States and...
FAAC: FG, states, LGs share N558bn for September
The Federation Account Allocation Committee (FAAC) Tuesday shared N558 billion to the three arms of government as revenue for the month...
Nigerian government not against states developing power projects – Fashola
The Federal Government of Nigeria has stated that it will not stop any state government from developing its own power projects to support...
Senate frowns at misappropriation of World Bank loans by some states
Senate has frowned at the misappropriation of World Bank loans by some state governors across the federation. Speaking after the...
FAAC: FG, states, LGs share N467.8bn for July
A total of N467.852 billion has been distributed as Federal Allocation for the month of July, 2017 to the Federal Government, State...
FAAC: Breakdown of how FG, States, FCT shared N2.56trn in 6 months
The Federal government, 36 states and the Federal Capital Territory (FCT) shared the sum of N2.56 trillion in the first half of 2017 from...
FG, 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,...
FG, States, LGs share N386bn for November
A total sum of N386.879 billion has been disbursed as Federal Allocation for the month of November 2016 for the Federal Government, State...
FG, States, LGs share N420bn in September
The three tiers of government shared N420 billion as revenue for September as against N510.3 billion shared in August. The sum of N510...
FAAC: FG, States, LGs share N510bn in August
She made the disclosure while addressing a news conference on the outcome of the Federation Account Allocation Committee (FAAC). The...
States, 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...
Federal government deducts N32bn from States’ allocation over debts incurred
In a report by the Economic Confidential, the economic intelligence magazine, Osun state appears to be the worse hit by the development...
Some states will change name, others will totally collapse – Primate Ayodele predicts
The primate said the soul of Nigeria was under threat. While unveiling his annual book of prophecies ‘Warnings to The Nations’ in Lagos...
States’ 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,...
FG, States, LGs share N207.88bn April federal allocation
The allocation was shared among the three tiers of government as follows: Federal Government 52.68%, States 26.72%, Local government...
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