The Federal Government has directed Ministries, Departments and Agencies (MDAs) to strictly adhere to the provisions of the Public Procurement Act in the implementation and payment of the 2025/2026 Capital Budget.The Honourable Minister of State for Finance, Mrs. Doris Uzoka-Anite, gave the directive during a stakeholders’ meeting on the implementation of the extended 2025 Capital...
Category: Accounting
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FG, STATES, LGCs SHARE N1.969 TRILLION December 2025 REVENUE
A total sum of N1.969 trillion, being December 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils.The revenue was shared at the January 2026 Federation Account Allocation Committee (FAAC) meeting held in Abuja.The N1.969 trillion total distributable revenue comprised distributable statutory revenue of N1.084 trillion, distributable Value...
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N1.928 Trillion Allocated to All Tiers of Government for November
The Federation Account Allocation Committee (FAAC), at its December 2025 meeting chaired by the Honourable Minister of State for Finance, Dr. Doris Uzoka-Anite shared a total sum of N1.928 Trillion to the three tiers of government as Federation Allocation for the month of November 2025 from a gross total of N2.343 Trillion.From the stated amount inclusive...
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Federation Account Revenue: N1.928 Trillion Disbursed to Three Tiers of Government for November 2025
A total sum of N1.928 trillion, being November 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils.The revenue was shared at the December 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja.The N1.928 trillion total distributable revenue comprised distributable statutory revenue of N1.403 trillion, distributable Value...
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ACCOUNTANTS ARE STRATEGIC PARTNERS IN NATIONAL DEVELOPMENT — OGUNJIMI TELLS AFRICA’S ACCOUNTANT-GENERALS IN ACCRA
The Accountant-General of the Federation and Chairman, Association of Accountant-Generals of Africa, Dr. Shamseldeen Babatunde Ogunjimi, has reaffirmed that the role of modern accountants goes far beyond keeping financial records, noting that they have become strategic partners shaping the economic future of institutions and nations.Dr. Ogunjimi stated this while delivering his keynote address at the...
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FG, STATES, LGCs SHARE N2.094 TRILLION FROM A GROSS TOTAL OF N2.934 TRILLION FOR THE MONTH OF OCTOBER 2025*
The Federation Account Allocation Committee (FAAC), at its November 2025 meeting chaired by the Accountant General of the Federation, Shamsudeen B. Ogunjimi shared a total sum of N2.094 Trillion to the three tiers of government as Federation Allocation for the month of October 2025 from a gross total of N2.934 Trillion.From the stated amount inclusive of...
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FG, STATES, LGCs SHARE N2.103 TRILLION FROM A GROSS TOTAL OF N3.054 TRILLION FOR THE MONTH OF SEPTEMBER 2025
The Federation Account Allocation Committee (FAAC), at its October 2025 meeting chaired by the Accountant General of the Federation, Shamsudeen B. Ogunjimi shared a total sum of N2.103 Trillion to the three tiers of government as Federation Allocation for the month of September 2025 from a gross total of N3.054 Trillion.From the stated amount inclusive of...
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OGUNJIMI SEEKS PROFESSIONAL SUPPORT FROM UK ICAN DISTRICT FOR THE DEVELOPMENT OF NATIONAL TREASURY ACADEMY, OROZO
The Accountant General of the Federation, Dr. Shemeldeen Babatunde Ogunjimi, has called for professional collaboration and support from the United Kingdom District of the Institute of Chartered Accountants of Nigeria (ICAN) towards the development of the National Treasury Academy, Orozo.Dr. Ogunjimi made this appeal while receiving a delegation from the UK ICAN District, led by...
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FG, STATES, LGCs SHARE N2,225.118 BILLION FROM AUGUST 2025 REVENUE
A total sum of N2,225.118 billion, being August 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils.The revenue was shared at the August 2025 Federation Account Allocation Committee (FAAC) meeting held in Abuja.The N2,225.118 billion total distributable revenue comprised distributable statutory revenue of N1,478.593 billion ,...
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OAGF URGES STAKEHOLDERS TO VERIFY INFORMATION BEFORE MAKING PUBLIC STATEMENTS
The Office of the Accountant-General of the Federation (OAGF) has called on all stakeholders particularly media organizations to verify and confirm facts before making public statements that could mislead the public or damage the reputation of government institutions.This appeal follows a recent broadcast by Brekete Family, a programme aired on FM radio station 101.1 Abuja,...