allocation Archives - Vanguard News

FG, states, LGs share N640.3bn for January

On February 19, 202111:29 amIn Financeby Rasheed Sobowale

The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry of Finance, Budget and National Planning, said this was made known in a communique issued at the end of a virtual conference of FAAC on Thursday. The committee in
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Reps summon finance minister, DG budget over ‘controversial’ waivers

FG, States, LGs share N619.3bn for December 2020

On January 21, 20217:32 amIn Financeby Rasheed Sobowale

The Federal Government, States and Local Government Councils (LGCs) have shared N619.343 billion as federation allocation for December, 2020. Mr Hassan Dodo, Director of Information, Ministry of Finance, Budget and National Planning announced this on Wednesday in Abuja. Dodo said the allocation was released after a virtual conference of the Federation Accounts Allocation Committee (FAAC).
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2021 Budget: Allocation to capital expenditure worrisome ― Uwaleke

On October 1, 20205:13 pmIn Financeby Rasheed Sobowale

…Says exchange rate benchmark unrealistic By Michael Eboh Professor of Finance and Capital Market of the Nasarawa State University, Keffi, Uche Uwaleke, has faulted the Federal Government’s allocation of about N2 trillion for capital expenditure in the 2021 budget, describing it as worrisome. In his reaction to Federal Executive Council’s, FEC, approval of the budget
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Global Fund increases allocation to Nigeria by 30% – Official

On January 28, 202012:28 pmIn Newsby David O Royal

Mrs Maureen Onyia-Ekwuazi, the First Vice-Chair, Country Coordinating Mechanism (CCM) Global Fund (GF) Nigeria says the fund has increased allocation coming to Nigeria to tackle Malaria, HIV and Malaria by 30 per cent in the next three years (2021-2023) Onyia-Ekwuazi told News Agency of Nigeria (NAN) in Abuja that Global Fund increased the allocation due
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Edo local councils get N2.73bn April allocation

On May 5, 201910:00 pmIn Business, Newsby vanguard

The Edo State Joint Account and Allocation Committee (JAAC) has declared N2,730,334,577.24k as total allocation accrued to the 18 local government councils of the state from the Federation Account in the month of March and shared in April 2019.

FG, States, LGCs share N649.198bn for Dec 2018

On January 26, 20196:40 amIn Newsby vanguard

A total of N649.198 billion has been distributed as Federal Allocation for the month of December, 2018 among the Federal Government, State Governments and Local Government Councils.

FG, states, LGs share N812.8bn in November

On December 20, 201812:51 pmIn Newsby vanguard

A total of N812.762 billion has been distributed as Federal Allocation for the month of November 2018 between the Federal, States and Local Government Councils.

Minister laments inadequate capital allocation

On May 31, 20183:58 amIn Newsby Emmanuel Okogba

THE Minister of Communications, Mr. Adebayo Shittu has attributed inadequate capital allocation to the ministry’s inability to contribute to national development, advocating more funds to the communications ministry and its agencies for the greater contribution to nation’s economic growth.

FG, states, LGs share N647bn as February statutory allocation

On March 29, 20185:21 amIn Business, Newsby Urowayino Jeremiah

The Federal Government and the other two tiers of government have shared N647. 390 billion as federation revenue and proceeds of the Value Added Tax, VAT for the month of February

Federal allocation drops 28.3% in August — NBS

On September 26, 20178:17 amIn Newsby vanguard

National Bureau of Statistics, NBS, yesterday, reported that the Federation Account Allocation Committee, FAAC, shared N467.85 billion among the three tiers of government in August 2017.