Forex Equalisation Account News Today

At the memorial lecture held by the Committee for the Defence of Human Rights (CDHR) in Lagos on Sunday, February 12, 2024, in honour of its foundation president, the late Dr. Beko Ransome-Kuti, I urged Nigerians to demand accountability in respect of the huge funds gained the removal of fuel subsidy. In the course of my presentation, I informed the audience that the sum of N135 billion was distributed to the 36 state governments last December to combat the COVID-19 pandemic.

By Etuka Sunday The Federation Accounts Allocation Committee (FAAC), yesterday at its meeting through Virtual Conference shared to the three tiers of government, a total sum of N619.343 billion as federation allocation for the month of December, 2020. From this amount, inclusive cost of collection to NCS, DPR and FIRS, the Federal Government received N218.297 billion, the States received N178.280 billion, the Local Government councils got N131.792 billion while the oil producing states receive...

Vanguard News FG, States, LGs share N619.3bn for December 2020 On Zainab Ahmed, Minister of FInance The Federal Government, States and Local Government Councils (LGCs) have shared N619.343 billion as federation allocation for December, 2020. Mr Hassan Dodo, Director of Information, Ministry of Finance, Budget and National Planning announced this on Wednesday in Abuja. Dodo said the allocation was released after a virtual conference of the Federation Accounts Allocation Committee (FAAC). The co...

Abuja, Jan. 20, 2021 The Federal Government, States and Local Government Councils (LGCs) have shared N619.343 billion as federation allocation for December, 2020. Mr Hassan Dodo, Director of Information, Ministry of Finance, Budget and National Planning announced this on Wednesday in Abuja. Dodo said the allocation was released after a virtual conference of the Federation Accounts Allocation Committee (FAAC). The committee, in its communique, noted that N619.343 shared included cost of collect...

The Federal Government, States and Local Government Councils (LGCs) have shared N619.343 billion as federation allocation for December, 2020.