Federation Account Allocation Committee Archives

FAAC: Did Cross River State Government Lie About Its N34 Million Allocation?

by sysadmin s3c
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

Editorial: Governors Should Spare Civil Servants The Salary Cut

This is an Editorial by Punch Editorial Board. Faced with a depressed economy and the grim reality of an inevitable decline in revenues, this is not the time for knee-jerk decisions or cosmetic measures by State Governors wishing to shore up their fast crumbling financial bases. In converse, there can be no better time for serious-minded