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Kwara state gets N3.9bn from federal allocation

By Mosunmola Ayobami, Kwara Kwara State Government has announced the receipt of N3,977,264,438.39 as net allocation for the month of July. A statement on Thursday by...

FG, states, LGs share N3.95tn in 6 Months

The Nigerian Extractive Industry Transparency Initiative, NEITI, has disclosed that a total of N3.95tn was disbursed from the Federation Account and shared among the...

FAAC: Federal Revenue Declines by N25.3billion in October

The Federal, States and Local Government in the month of October shared N532.7 billion which shows a decline of N25.3 billion when compared to...

FG Releases New Tranche of Paris Club Refunds to States

Nigeria may soon exit recession as the Federal Government on Tuesday evening spent big. It released a breakdown of another tranche of Paris Club...

FG, States, LGs Share N420billion as October Allocation

A total of N420billion has been shared as Federal Allocation for the month of October 2016 by the Federal, State Local Governments after the...

FAAC: FG, States, LGs Share N510.2 billion for August

Finance Minister Kemi Adeosun on Tuesday in Abuja, said N510.2 billion was shared among the federal, states and local governments as revenue realised in...

Governor Ahmed Seeks Review of Revenue Allocation Formula in Favour of...

From Mosunmola Ayobami in Ilorin. Kwara State Governor, Dr Abdulfatah Ahmed, has called for the review of the Revenue Sharing Formula in favour of local...

States, LGs Share N2.8 trillion in Buhari’s First Year-Report

The 36 states of the federation and 774 local government councils shared a total sum of N2.8 trillion from the Federation Account in the...

April Federation Revenue Dips By N18.2billion

The Federal Government, states and local governments have shared N281.500 billion from federation revenue that accrued to the nation in the month of April. The...

FG, States, LGs Share N345,095 Allocation for February

The Federal Government, State Governments and Local Government Councils have shared a total of N345.095 billion as federal allocation for the month of February...
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