The Federation Account Allocation Committee (FAAC) has shared a total sum of N1123.391 billion March 2024 Federation Account Revenue to the Federal Government, States and Local Government Councils. As contained in a communique issued by the FAAC at its April, 2024 meeting, the N1123.391. billion total distributable revenue comprised distributable statutory revenue of N311.233 billion,...
Category: Economy
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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...