•Naira A total sum of N1.203 trillion AuÂgust 2024 federation revenue has been shared to the federal governÂment, states and local government councils in the country. According to a statement by Bawa Mokwa, Director of Press and Public Relations, Office of the Accountant General of the Federation (OAGF), the revenue distribution was announced ...
•Naira notes The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced that the FederaÂtion Accounts Allocation ComÂmittee (FAAC) disbursed N3.473 trillion to the three tiers of govÂernment in the second quarter of 2024. This reflects an increase of N46.77 billion (1.42%) compared to the first quarter of 2024. In a statem...
•The Federal Executive Council The federal government and state governors may have agreed to a three-month moratorium on Local Government autonomy, over concerns arising from its impact on salary payments and operational viability. The development means Local Governments may wait till October before the implementation of the law in the direct ...
•Naira notes A total sum of N1.354 trillion June 2024 Federation Accounts Revenue has been shared with the federal government, states and local government councils in the country. The revenue was shared at the July 2024 meeting of the Federation Accounts Allocation Committee (FAAC), held in Abuja and chaired by the Minister of Finance and [&he...
•Supreme Court of Nigeria The Supreme Court has held that it is illegal for governors to dissolve democratically elected Local Governments. It orders the federal government to henceforth withhold allocations to Local Governments governed by unelected officials appointed by the governor. The Frontier had earlier reported that the apex court als...
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal, States and Local Governments. The revenue was shared at the February 2024 meeting of the Federation Accounts Allocation Committee (FAAC) chaired by the Minister of Finance and Coordinating Min...
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,088.783 trillion November 2023 Federation Account Revenue to the Federal, States and Local Governments. As contained in a communique issued by the FAAC at its December, 2023 meeting, the N1,088.783 trillion total distributable revenue comprised distributable statut...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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