Jeffrey Adaralegbe, Abuja According to the Federal Government, it has made great progress toward enacting economic reforms and is almost there. The government’s revenue projections for 2024 are almost exactly where they are expected to be. The federal government also declared its intention to withdraw from the borrowing mechanism. The Honourable Minister of Finance and...
Category: Financial Report
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FG, STATES AND LGCs SHARE N1,208.081 BILLION APRIL 2024 REVENUE
A total sum of N1,208.081 billion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the May 2024 meeting of the Federation Accounts Allocation Committee (FAAC), held in Abuja. A communiqué issued by the Federation Allocation Account Committee (FAAC)...
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FAAC SHARES N 1,152.756 BILLION FEBRUARY 2024 REVENUE TO FG, STATES AND LGCs
The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024 Federation Account Revenue to the Federal Government, States and Local Government Councils. The revenue was shared at the March 2024 meeting of the Federation Accounts Allocation Committee (FAAC) chaired by the Minister of Finance and Coordinating Minister for...
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EDUN TO CHAIR PUBLIC HEARING ON NATIONAL MINIMUM WAGE IN SOUTH-WEST
Under the visionary direction of President Bola Ahmed Tinubu, the Federal Government of Nigeria has scheduled six zonal public hearings for the purpose of reviewing the National Minimum Wage across the nation. The following regions are set to host these hearings: North-East (Yola), North-West (Kano), North-Central (Abuja), South-South (Uyo), South-East (Enugu), and South-West (Lagos). The...