Cross River H1 External Debt Servicing Increases By 256% To N7.8Bln
While Lagos placed first with Kaduna coming in second in terms of sums, Cross River which places third witnessed the highest jump in terms of percentage difference.
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SERAP Sues Gov. Otu, Others Over Refusal To Account For Spending Of Federal Allocations
- by Admin
- May 21, 2024
By CrossRiverWatch Admin The Socio-Economic Rights and Accountability Project SERAP has filed a lawsuit against Cross River Governor, Senator Bassey Otu, his counterparts in the remaining 35 States of the federation and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike “over their failure to account for the spending of trillions of FAAC
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FIRS To Enforce Recovery Of Unremitted Tax From States, LGs Through FAAC Deductions
- by Admin
- June 2, 2022
By Harrison Edeh, The ICIR Listen To The Report The Federal Inland Revenue Service (FIRS) said it would commence the process of enforcement and recovery of unremitted tax deductions owed by some States and Local Governments in Nigeria through their respective federation accounts. In a public notice the service issued today, its Executive Chairman, Muhammad
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FAAC: Did Cross River State Government Lie About Its N34 Million Allocation?
- by Admin
- March 25, 2022
By Jonathan Ugbal Listen To The Report Aides of Governor Benedict Ayade of Cross River State recently shared posts claiming the State only received N34 million as allocation from the federation account for the month of March 2022. But, data obtained from the office of the Accountant General of the Federation shows that there may
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Cross River Decries N34m Federal Allocation For March
- by Admin
- March 25, 2022
By CrossRiverWatch Admin Listen To The Report The Cross River State Government received only about 15 percent of its statutory allocation from the Federation Account in March. According to the Punch Newspaper figures released show that out of the State’s gross allocation of N2.22bn, only N34.9m was received by the State as N2.18bn was deducted
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Local Councils … When Grassroots Government Is Far From The People
- by Admin
- May 17, 2021
By Onyedika Agbedo, Tobi Awodipe, Maria Diamond (Lagos) and Gordi Udeajah (Umuahia), Isa Abdulsalami Ahovi (Jos), Uzoma Nzeagwu (Awka), Ayodele Afolabi (Ado Ekiti), Timothy Agbor (Osogbo), Agosi Todo, (Calabar) and Charles Ogugbuaja (Owerri) – The Guardian Local Councils in Nigeria have their roles in the governance chain clearly spelt out in the 1999 Constitution. As
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FAAC: How Cross River Government Deducts, Starves LGA’s Of Allocation
- by Admin
- December 1, 2020
By Jonathan Ugbal Documents obtained by CrossRiverWatch have revealed how the Cross River State Government starves its 18 Local Government Councils of funds. The Local Governments are captured each month when the Federation Account Allocation Committee (FAAC) meets to share revenue generated from across the country in Abuja, the Federal Capital Territory. And, claims that
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NEITI: FAAC Disbursed N3.8tn To FG, States, LGAs In Six Months
- by Admin
- September 10, 2020
By Emmanuel Addeh, This Day Newspaper Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday put the amount the Federation Accounts Allocation Committee (FAAC) shared among the Federal, State, Local Government Areas and other statutory recipients in the first half of 2020 at N3.879 trillion. A breakdown of the disbursements, according to a statement signed by the