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FAAC: FG, states, LGAs share N788.139bn in October

FAAC: FG, states, LGAs share N788.139bn in October

Figures obtained at the end of the November FAAC meeting in Kaduna showed that the N788.139 billion shared among the three tiers of government surpassed the N698.710 billion shared the previous month. Uche Usim, Abuja The Federal Government, states and Local Government Areas (LGAs) shared N788.139 billion as October revenue alloted by the Federation Account […]
The post FAAC: FG, states, LGAs share N788.139bn in October appeared first on The Sun Nigeria. …

Strike: We can’t pay salaries, says FG

Strike: We can’t pay salaries, says FG

Uche Usim, Abuja Accountant-General of the Federation (AGF), Mr. Ahmed Idris, on Thursday, said workers salaries will be delayed as a result of the ongoing nationwide strike embarked on by the Nigeria Labour Congress (NLC). Idris got to his office on Thursday morning in Abuja and met the gate of the Treasury House completely shut. […]
The post Strike: We can’t pay salaries, says FG appeared first on The Sun Nigeria. …

EXCLUSIVE: FAAC overpaid governors N10bn in bailout funds

The federation accounts allocation committee (FAAC) paid states an excess of N10 billion while sharing bailout funds in 2016, TheCable can report. This is contained in the recently released annual
The post EXCLUSIVE: FAAC overpaid governors N10bn in bailout funds appeared first on TheCable. …

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