FAAC

By Paul Nwosu Governor Charles Chukwuma Soludo, CFR, has sparked off an animated pan-Nigerian discussion following his authoritative lecture entitled "Towards Sustainable Democracy and Free Market Economy in Nigeria" at The…

The Presidential committee suggests the daily disbursement of funds through the FAAC. The Presidential Fiscal Policy and Tax Reform Committee has suggested altering the process of distributing funds by the Federation Account…

SERAP has on Friday filed the lawsuit against the 36 State Governors including FCT Minister Wke at the Federal High Court, Abuja demanding Accountability on the Trillion FAAC allocations to various states. The Federal Capital…

Governor Diri of Bayelsa State calls for the review of revenue derivation formula in line with the practice of fiscal federalism, says they can't continue to develop other states with Bayelsa money. Diri, who queried the…

Socio-Economic Rights and Accountability Project (SERAP) has urged Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Nyesom Wike, to “provide our… Socio-Economic Rights and Accountability Project…

The revenue was shared on Thursday at the March meeting of FAAC chaired by the minister of finance and coordinating minister for the economy, Wale Edun. According to a communiqué issued by FAAC, the N1.152 trillion total…

A concerned Journalist in Delta State and Principal Correspondent of Delta State-Based Online Newspaper, Fresh Angle International, Celestine Ukah, has urged Delta State Governor, Rt. Hon. Sheriff Oborevwori to take cue from other governors…

The Federation Account Allocation Committee (FAAC) has shared a total sum of N907.054 billion June 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué issued…

Mr Simeon Tanko, an ICT expert, has commended Gov. Caleb Mutfwang of Plateau on the appointment of Mr Datong Gwaman, as Director- General, Plateau Information and Communication Technology Development Agency (PITCDA). Tanko made…

.....N2.84trn  The Federal Government (FG), 36 states and 774 local governments (LG) in Nigeria shared N2.84 trillion as statutory allocation from the Federation Account Allocation Committee, FAAC, in the first four months of…