States Archives - Page 2 of 2

NEITI: FAAC Disbursed N3.8tn To FG, States, LGAs In Six Months

by sysadmin s3c
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

Cross River And Other States In Fiscal Distress

by sysadmin s3c

February 24, 2020

By CrossRiverWatch Admin None of Nigeria’s 36 States could fully fund their 2019 budget with funds they received from both the federation account and internally generated revenues. In most cases, the funds couldn’t pay up to 50 per cent of their expenditures, writes Chineme Okafor and published by This Day Newspaper. A new quarterly report