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LGs

How FG, States, LGs shared N8.15trn in 2019

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Buhari South-East Governors

Abuja – The Nigeria Extractive Industries Transparency Initiative (NEITI), said in Abuja on Thursday that the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC), shared N8.15 trillion in 2019. NEITI disclosed this on it quarterly report. It said that the figure is N377 billion or 4.42 per […]

FAAC: FG, States, LGs share N702.058bn for month of October

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monetary policies

Abuja – The Federation Accounts Allocation Committee (FAAC) on Wednesday shared a total of N702.058 billion to the three tiers of government for the month of October. This was announced in a communique read by Accountant General of the Federation, Mr Ahmed Idris after the FAAC meeting in Abuja. Idris said that N702.058 billion comprised […]