Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,151,466 members, 7,812,429 topics. Date: Monday, 29 April 2024 at 01:14 PM

FAAC Shares N701bn In May - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / FAAC Shares N701bn In May (499 Views)

FAAC Shares N1.1trn August Revenue Among Federal, State, Local Govts / FAAC Shares ₦786 Billion To FG, States, LGs / FAAC Shares ₦780.926bn For March 2020 (2) (3) (4)

(1) (Reply) (Go Down)

FAAC Shares N701bn In May by walezy14(m): 12:34am On May 24, 2018
The Federation Account Allocation Committee (FAAC) on Wednesday shelled out N701.022 billion to the three tiers of government as disbursements for the month of May 2018. The figure was described as “an improvement from N626.8 billion shared in April” by the Permanent Secretary Federal Ministry of Finance. While addressing the press at the end of the FAAC meeting in Abuja on Wednesday, Permanent Secretary, Federal Ministry of Finance, Dr Mahmoud Isa Dutse said the Federal Government got N289.045 billion, States got N181.963 billion, while the Local Government Areas received NN137.327 billion. The 13 per cent mineral revenue for oil producing states stood at N49.756, while the cost of revenue collection and Federal Inland Revenue Service (FIRS) refund N42.932 billion. Isa Dutse also disclosed that the Excess Crude Account balance now stands at $1.911 billion after N24.5 billion savings was added to it. Itvwould be recalled that the federal government withdrew about $1billion from the account to purchase aircrafts to tackle insurgency in the country.
Re: FAAC Shares N701bn In May by Mikeross62: 1:05am On May 24, 2018
OK
Share share government
Re: FAAC Shares N701bn In May by yarimo(m): 1:21am On May 24, 2018
Every state governor will make sure the funds is utilise in a good way but, except FAYOSE the governor of ekiti state who will use it to by pummo in the market
Re: FAAC Shares N701bn In May by Nobody: 7:58am On May 24, 2018
yarimo:
Every state governor will make sure the funds is utilise in a good way but, except FAYOSE the governor of ekiti state who will use it to by pummo in the market

And you forgot to mention your brother and name sake Yahaya Bello of Kogi who is the worst of them all...atleast Fayose buy kpomo with his own, your bello throw and spray his own on the ground all over the place...!!
Peace..!!
Re: FAAC Shares N701bn In May by papoudaupolos: 8:25am On May 24, 2018
We

(1) (Reply)

Nigerian Govt Restates Commitment To Float National Carrier By December / Saraki Indictment In Offa Robbery / Embracing A Digital Culture Will Shape Nigeria's Economy - Meflyn Uwana

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.