The Federation Account Allocation Committee (FAAC) has disbursed a total of N903.480 billion as Federation Account Revenue for the month of September 2023 to the Federal Government, states, and Local Government Councils (LGCs). This allocation was disclosed in a communique released at the conclusion of FAAC’s October meeting held in Abuja on Tuesday. The communique Read More…
The National Bureau of Statistics (NBS) has reported that the 36 states and the Federal Capital Territory (FCT) witnessed a 1.6 per cent year-on-year growth in Internally Generated Revenue (IGR), amounting to N1.92 trillion in 2022, up from N1.89 trillion in 2021. These figures are outlined in the NBS report on Internally Generated Revenue at Read More…
Mr. Zacch Adedeji, the Special Adviser to President Bola Tinubu on Revenue, affirmed the administration’s unwavering commitment to the prudent utilisation of the nation’s revenue and resources. Adedeji made this assertion during a hybrid sensitisation workshop in Abuja organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The workshop aimed to raise Read More…