Tag:
allocation
News
FG, States, LGs Share N1.58trn FAAC Allocation
The Federal Government, state governments, and local government councils have shared a total of N1.578 trillion from the Federation Account Allocation Committee (FAAC) for...
News
Supreme Court Ruling On LG Autonomy: Direct FG Allocation Begins Next Month
In a groundbreaking move aimed at bolstering local governance, councils across Nigeria are set to begin receiving direct allocations from the Federation Account next...
Development
El-Rufai Slams Lagos Rail Allocation in Tinubu’s 2025 Budget Debate
Former Kaduna State Governor, Nasir El-Rufai, has sparked a heated debate over the federal government's proposed allocation of N146.14 billion for the Lagos Green...
News
FG Freezes Rivers Allocation Amid Court Dispute
The Nigerian government has halted the monthly allocation to Rivers State, citing a court order that bars the Central Bank of Nigeria (CBN) from...
News
Fubara Appeals Court Ruling Over Federal Allocation Freeze
Governor Siminalayi Fubara of Rivers State has moved to challenge a court ruling that bars the Central Bank of Nigeria (CBN) from releasing monthly...
Business
70% VAT Allocation to Lagos, Rivers, FCT Unfair – FIRS Boss
The Federal Inland Revenue Service (FIRS) Chairman, Dr. Zacch Adedeji, has slammed the current distribution of value-added tax (VAT) proceeds in Nigeria, describing it...
Business
No Plan To Reduce FG’s Share of FAAC Allocation – Reforms Chief
Taiwo Oyedele, the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has firmly denied reports claiming that the committee has proposed...