The Federation Account Allocation Committee (FAAC), at its October 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1.298 trillion to the three tiers of government as Federation Allocation for the month of September, 2024 from a gross total of N2.298 trillion. From the stated amount inclusive …

The Federal Accounts Allocation Committee (FAAC) has said it disbursed N1.2 trillion earned as revenue in August 2024 to the Federal Government, states, and Local Government councils in Nigeria. The revenue distribution was announced at the September 2024 FAAC meeting in Abuja, a statement by the Director of Press and Public Relations at the Office of the Accountant-General of the …

The Federation Account Allocation Committee (FAAC) has shared N1.358 trillion to the three tiers of government. The funds came from the July 2024 Federation Accounts revenue, according to the statement on Friday night by the Director of Press and Public Relations of the Office of the Accountant-General of the Federation, Mr. Bawa Mokwa, in Abuja. The N1.358 trillion total distributable …

The executive secretary of the Universal Basic Education Commission (UBEC), Dr. Hamid Bobboyi, has said many states have not accessed the N45.7 billion matching grant to them for the implementation of Universal Basic Education (UBE) between 2020 and 2023. Bobboyi stated this yesterday when he received members of the House of Representatives Committee on Basic Education and Services at the …

The Federal Government has called on state governments to ensure the responsible and transparent use of the matching grants allocated for the implementation of the Universal Basic Education Commission (UBEC) programme. UBEC’s Executive Secretary, Hamid Bobboyi gave this directive during the inauguration of a six-day training program in Abuja for accountants and auditors from the agency and state Universal Basic …

The Attorney-General of the Federation (AGF) and Minister of Justice, Lateef Fagbemi (SAN), has promised a review of the law criminalising suicide attempts in the country. He gave the promise when he received a delegation from the Asido Foundation, a non-governmental organisation promoting mental health advocacy and reforms. This was disclosed in a statement made available to newsmen in Abuja …

The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by the three tiers of government in 2023 to N10.14 trillion. Data released on Tuesday by the Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest report on the Federation Account revenue allocations for the year …

The Nigeria Football Federation (NFF) has warned the 36 state Football Associations, and that of the Federal Capital Territory to play their Federation Cup final matches on either Saturday, 30th March or Sunday, 31st March, or risk a penalty of N1 million. NFF’s Director of Competitions, Ruth David stated that the football house would no longer condone the disruptive attitude …

As governments at all levels intensify efforts to halt the current food crisis, Katsina State Governor Dikko Radda has signed into law an executive order to check food scarcity and prohibit hoarding of food and other essential commodities in the state. His Nasarawa State counterpart, Abdullahi Sule, said in Lafia yesterday that his recent interaction with marketers on food hoarding …

Despite spending at least N21.04 billion on foreign trips in the last three years, 14 state governments have failed to attract any form of foreign investments into the domains. The states in question are Bauchi, Bayelsa, Benue, Borno, Cross River, Ebonyi, Edo, Gombe, Imo, Jigawa, Nasarawa, Taraba, Yobe, and Zamfara. Between 2021 and the third quarter of 2023, these states …