Kemi Adeosun, Minister of Finance, said on Tuesday that the Federal Government, states and local governments shared N467.8 billion as allocation in August. This indicates a shortfall in revenue by N184.2 billion from N652 billion shared in July. Adeosun, who was represented by the Permanent Secretary, Mr Mahmoud Dutse, said this at the end of […]
Continue Reading
The Lagos State Independent Electoral Commission (LASIEC), through its chairman, Ayotunde Phillips, on Friday, reiterated the neutrality of the commission. Speaking at a news conference, Phillips reassured all players of the commission’s readiness to conduct free and fair elections. “I wish to reiterate that the commission will provide a level playing field for all political […]
Continue ReadingFor the first time in the 2016 fiscal period, the federal, states and local governments got monthly allocation from the Federation Account of N559.03 billion. This is as the gross revenue generated by the federation increased by N301.32 billion, the highest in almost two years. The Minister of Finance, Mrs Kemi Adeosun, announced this in […]
Continue ReadingInformation from the office of the Accountant General of the Federation, Ahmed Idris, says that the Federal Government, State Governments and Local Government Councils have shared a total of N387,771 billion as Federal allocation for the month of December, 2015. A communiqué issued by the Federation Accounts Allocation Committee (FAAC) and signed by the Accountant […]
Continue Reading