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How states withdrew N593bn from federation account in 3 months

Ihesiulo Grace 13 May 2018 0

The 36 states of the federation have so far withdrawn about 593.1 billion from the Federation Account as revenue generated in the first quarter of 2018. The breakdown is contained in the monthly Federation Account Allocation Committee (FAAC) report obtained by the News Agency of Nigeria (NAN)

Abuja Times

FCT disburses N1.942bn for Sept. to Area councils

Ihesiulo Grace 8 November 2017 0

The Federal Capital Territory (FCT) Joint Account Allocation Committee (JAAC) has distributed the sum of N1, 942,579,416.12 to the six Area Councils in the territory and statutory stakeholders for the month of September, 2017. The Secretary, Area Councils Services Secretariat (ACSS), Mallam Adamu Abubakar Bappah, made the disclosure during the JAAC meeting recently.

Business News Nigeria

FG revitilises Commodity Exchange, picks consortia of advisers

Ihesiulo Grace 3 March 2017 0

The Nigerian Commodity Exchange (NCX) project may soon bounce back, following moves by the Federal government to revamp it. The government foresees the NCX as playing a role in the revamping of the Nigerian economy through the promotion of non-oil export sector, and has already selected three consortia as prospective advisers for the exchange. Dr […]

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