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FG, states, LGs share N966 billion for July - Vimarsana News

FG, states, LGs share N966 billion for July

Federation Account Allocation Committee (FAAC), shares N966.1 billion to the Federal, States and Local Government Councils for July.

NNPC N123bn remittance and the burden of subsidy debt - Vimarsana News

NNPC N123bn remittance and the burden of subsidy debt

…Says only $2.7bn approved for refinery rehabilitation, not $19bn   Established 46 years ago, the NNPC has recently come under intense attack for rundown refineries, and non-remittance of cash due to the Federation Account. The situation has become tense as revenues accruing to states dropped drastically since the advent of Covid-19. For a country that…

Peter McGahan: Taxed to death - Vimarsana News

Peter McGahan: Taxed to death

I'VE always thought it strange that after all the extraordinary technological advances in the world, our tax rate still increases, as does inflation and so interest rates.

Why we paid N123bn interim dividend to FAAC – NNPC Ltd — National Accord Newspaper - Vimarsana News

Why we paid N123bn interim dividend to FAAC – NNPC Ltd — National Accord Newspaper

Nigerian National Petroleum Company Limited (NNPCL) has given reasons behind the payment of an interim dividend of N123 billion to the Federation Account Allocation Committee (FAAC) for the month of June.

Excitement as FAAC Shares N907bn June Revenue to FG, States, LGs - Vimarsana News

Excitement as FAAC Shares N907bn June Revenue to FG, States, LGs

By Tony Obiechina, Abuja The Federation Account Allocation Committee (FAAC) has shared a total sum of N907.054 billion June 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. In a statement on Thursday night by the Director of Press and Public Relations in the Office of the Accountant General of