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Tag: Allocation

ALLOCATION: FG, States, LGs share N510bn in August

September 21, 2016September 21, 2016Ayo Olowo

The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja, said N510.2 billion was shared among the federal, states and local governments as revenue realised in August. She made the disclosure while addressing a news conference on the outcome of the Federation Account Allocation Committee (FAAC). The amount is higher than the N493.6 billion […]

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Buhari’s Govt Got N2.2tr from Federation Account in One Year

August 1, 2016Ayo Olowo

Facts have emerged through a painstaking and diligent investigation that the Federal Government under President Muhammadu Buhari got a total N2,203,573,573,563.25(Two trillion, two hundred and three billion, five hundred and seventy-three million, five hundred and seventy-three thousand, five hundred and sixty-three naira and twenty-five kobo) from the Federation Account as allocation between June 2015 and […]

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