FG, States, LGAs share N681.330bn revenue for March
From left: Director of Federal Account Allocation Committee (FAAC), Sabo Usman; Director of Funds, Federal Ministry of Finance, Muhammed Kudu Usman; and Accountant-General of the Federation, Ahmad Idris, during the Federal Account Allocation Committee’s meeting in Kaduna
By
Fri Apr 23 2021
The federal, states and local governments have shared a total of N681.33 billion as March 2021 federation revenue.
The communiqué released after the April Federation Accounts Allocation Committee (FAAC) meeting also showed that in the month of March 2021, N154 billion was transferred to the non-oil revenue savings and the balance in the Excess Crude Account (ECA) was $ 72.413 million.
Oil spill. PHOTO: aljazeera.com
Bayelsa State Governor, Douye Diri, yesterday, charged members of the House of Representatives to expedite action on passage of the Petroleum Industry Bill (PIB) as to expeditiously correct some of the injustices in oil producing states.
Governor Diri gave the charge when members of the House Committee on Oil Spill Investigation, Cleanup and Remediation in Oil Producing States visited him at Government House, Yenagoa.
In a statement issued by his Chief Press Secretary (CPS), Daniel Alabrah, he stated that when passed into law, the PIB would be an avenue to correct some of the wrongs oil companies had done to their host communities, noting that the National Assembly had neglected the bill for too long.
Expedite action on PIB, Diri begs Reps
On
By Samuel Oyadongha
Governor Douye Diri of Bayelsa State has urged members of the House of Representatives to expedite action on the passage of the Petroleum Industry Bill, PIB, saying it would correct some of the injustices faced by oil producing states.
Diri made the appeal, yesterday, when members of the House Committee on Oil Spill Investigation, Clean-up and Remediation in Oil Producing States visited him at Government House, Yenagoa.
The governor in a statement by his Chief Press Secretary, Mr Daniel Alabrah, said the PIB, when passed into law, would be an avenue to correct some of the wrongs of the oil companies in host communities, noting that the bill had been neglected for long by the National Assembly.
Expedite action on PIB — Diri begs Reps vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.