The Federation Account Allocation Committee , at its joint session in Kano, Thursday shared a total of N679.699 billion among the three tiers of government as allocation for the month of May.
A breakdown of the distribution to the various tiers of government including the cost of collection to Nigeria Customs Service , Department of Petroleum Resources and the Federal Inland Revenue Service showed that the federal government received N284.163 billion, representing 52.68 per cent, the states received N187.605 billion or 26.72 per cent.
A communique issued after the meeting by the FAAC Technical Committee indicated that the cost of collection/transfers/FIRS refund stood at N26.498 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Against the Distraction in Bauchi State - THISDAYLIVEEmma Agu If the report that the National Chairman of the All Progressive Congress (APC), Comrade Adams Oshiomole, had asked the Inspector General of Police, IGP to seal off the Bauchi State House of Assembly is correct, and I hope it is not, that will be the height of brinksmanship and a disquieting inflammation of …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
World Bank Earmarks $4bn for 36 States - THISDAYLIVETo focus on health, poverty eradication, human capital devt Chuks Okocha in Abuja The World Bank has earmarked about $4 billion for poverty eradication, erosion control, human capital development and health-related issues in the 36 states of the federation. Chairman of the Nigeria Governors’ Forum (NGF), Governor Kayode Fayemi of Ekiti State, said this wednesday …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
FG promotes 39 NSCDC officers to Commandant rank – Daily TrustThe Federal Government has approved the promotion of 39 Deputy Commandants of the Nigeria Security and Civil Defence Corps, NSCDC, to the... When will this NSCDC recruit new officers.? Good one
Source: Daily Trust - 🏆 13. / 51 Read more »
FG appoints Shakur acting DPR director – Daily TrustThe federal government has appointed Mr. Ahmad Rufai Shakur as the acting Director of Department of Petroleum Resources (DPR). Why must all appointments be made without Igbo’s inclusion
Source: Daily Trust - 🏆 13. / 51 Read more »
We did not receive Paris Club Refund from FG - Osun govt - Daily Post NigeriaThe Osun State Government has said that it did not receive Paris Club Refund from the Federal Government, saying that such refunds were always made public Even if you did receive, it won't fill the debt hole! Gobeee!
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Climate Change: FG Adequately Financing Environmental-Friendly Projects – Zainab AhmedClimate Change: FG Adequately Financing Environmental-Friendly Projects – Zainab Ahmed. Madam should let the country know how committed is the FG to the fight against plastic pollution. Please ma, can you name the environmental- friendly projects the FG is financing? I want to know. Thanks I dnt believe that, then invest in afforestation please, make it a law that each household should plant trees around
Source: channelstv - 🏆 7. / 63 Read more »