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FEDERATION ACCOUNT
The Nigerian President, Bola Tinubu disclosed that savings from the end of fuel subsidy would be accrued to the Federation Account after the Nigerian Governors’ Forum (NGF) declared support for the end of the fuel subsidy regime in Nigeria.
An Abuja division of the federal high court has declared unlaw, the deductions by the federal government from...
Meanwhile, a total of N3.33 trillion as being disbursed between January and May 2020.
States and Local Governments in Nigeria shared a total of N294.83 billion in May 2019. This was revealed in the latest report on the disbursements made by the Federation Account Allocation Committee (FAAC).