FIRS

Rivers, Delta, Lagos, Bayelsa lead in sharing of N143.6bn September federal account

October 24, 2016 Amurun KelvinLeave a Comment

The 36 states got N143.6bn from the federation account in September as their share of distributable revenue generated for the month. The breakdown shows in a report obtained by the News Agency of Nigeria, NAN, from a source at the office of the Accountant-General of the Federation in Abuja yesterday. The funds are usually shared […]

About $3.1b more revenue for FG, State and LGAs in June

July 23, 2016 Amurun KelvinLeave a Comment

The Federal Account Allocation Committee (FAAC), says on Thursday it distributed the sum of N559.032 billion to the three tiers of government. This makes it highest allocation since the APC led administration of President Muhammadu Buhari took over power 12 months ago. The Excess Crude Account (ECA) has also increased from $2.61b to $3.094 billion. […]