Tag Archives: ECA

Federation revenue declines as federal, state and local govts share N635.55 billion

The Federal, States and Local Governments on Thursday shared N635.55 billion as revenue generated in January which showed a decline of N19.6 billion when compared to what was generated in December. The Accountant-General of the Federation, Ahmed Idris, while briefing journalists in Abuja on the outcome of the monthly FAAC meeting, highlighted several factors that impacted negatively on the month’s ...

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FAAC: FG, States, LGs shared N609.95bn in November

The Federation Account Allocation Committee (FAAC) distributed N609.95 billion to Federal, States and Local Governments as revenue generated in November. This is N77.25 billion more than what it shared in October, Ahmed Idris, the Accountant-General of the Federation said. He said that after the deductions by the Federal Inland Revenue Service (FIRS), Customs and Department of Petroleum Resources (DPR), the ...

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