gold360:
guy rest Oh.... January has 90 days in it

him blood dey hot. him never see shomtin

tombarib:
FCMB alert received. N5,000 deduction made. From N79,000 to N74,000..... Maybe l am the only one that is confused here....is this the new minimum wage? What is these deductions for?...

#74 000 for degree monthly salary. Please can I swap places with you?

zedegit:


#74 000 for degree monthly salary. Please can I swap places with you?

until you have a family to Carter for then you will understand.. Its not as much as it sounds to you

zedegit:


#74 000 for degree monthly salary. Please can I swap places with you?

Don't choose to end on the sidewalk

I read on news that fg have not paid its workers,how true it is?

endy83:
I read on news that fg have not paid its workers,how true it is?

Very true. They haven't paid November salaries

Catalyst4eva:


Very true. They haven't paid November salaries

Let's say partially true sir.
Two sources around me that are federal civil servant have received their November pay since. Maybe, its a mda, things.

Is like FG will hold FAAC meeting for revenue allocation to the states this week.

emekatex:
Is like FG will hold FAAC meeting for revenue allocation to the states this week.

for sure... Am just hoping the deduction thing stops and we get suprised with Christmas bonus

To my greatest surprise KELGA paid her staff December salary on the 10th of this month.

emekatex:
To my greatest surprise KELGA paid her staff December salary on the 10th of this month.

It is not a good thing. The workers are in for a long ride come January.

emekatex:
Is like FG will hold FAAC meeting for revenue allocation to the states this week.

yes there will faac meeting this week latest wednesday,so that states can pay before wednesday next week.

Finally, the federal allocation has been shared the amount was 601,110b Naira. source https://www.facebook.com/139709372821659/posts/3400628803396350/?app=fbl

The Federation Accounts Allocation Committee (FAAC) has shared a total of N601.110 billion November 2020 federation account revenue to the Federal, States and Local Government Councils and agencies.

According to a statement issued on Wednesday, the figure was announced after the Federation Account Allocation Committee (FAAC) meeting for the month of December 2020 held at the Federal Ministry of Finance headquarters, Abuja.

The meeting was chaired by the Permanent Secretary, Federal Ministry of Finance, Alhaji Aliyu Ahmed.

The total distributable revenue of N601.110 billion comprised statutory revenue of N436.457 billion; Value Added Tax (VAT) revenue of N156.786 billion and augmentation of N7.867 billion from the Forex Equalisation revenue.

The gross statutory revenue of N436.457 billion available for the month of November 2020 was higher than the N378.148 billion received in the previous month by N58.309 billion.

The gross revenue of N156.786 billion available from the Value Added Tax (VAT) was also higher than the N126.463 billion available in the previous month by N30.323 billion.

A communiqué issued by the Federation Account Allocation Committee (FAAC) indicated that from the total distributable revenue of N601.110 billion; the Federal Government received N215.600 billion, the State Governments received N171.167 billion and the Local Government Councils received N126.789 billion.

The relevant States received N31.392 billion as 13% mineral revenue, while the cost of collection, transfers, and refunds had an allocation of N56.162 billion.

The Federal Government received N190.122 billion from the gross statutory revenue of N436.457 billion; the State Governments received N96.433 billion and the Local Government Councils received N74.345 billion. N30.370 billion was given to the relevant States as 13% mineral revenue and N45.187 billion was the total cost of collection, transfers, and refunds.

The Federal Government received N21.872 billion from the Value Added Tax (VAT) revenue of N156.786 billion. The State Governments received N72.906 billion; the Local Government Councils received N51.034 billion, while the cost of collection, transfers, and refunds had an allocation of N10.975 billion.

From the N7.867 billion augmentation from the Forex Equalisation revenue, the Federal Government received N3.606 billion, the State Governments received N1.829 billion, the Local Government Councils received N1.410 billion and the relevant States received N1.022 billion as 13% mineral revenue.

According to the Communiqué, in the month of November 2020, Petroleum Profit Tax(PPT), Import Duty, Excise Duty, Value Added Tax(VAT), and Oil and Gas Royalty decreased substantially; while Companies Income Tax (CIT) recorded a sharp drop.

The balance in the Excess Crude Account (ECA) as of December 16 was $72.411 million.

Any update on MBA Forex And all other forests??

Tekzyflex:
Any update on MBA Forex And all other forests??

MBA has started paying people. Those who joined in August are receiving their pay through E-wallet and those before then are receiving through banks just for now. This is due to accumulation of ROI which paying through banks exceeds the daily payments newly allowed by CBN policy. However, payment system would return to normal when these accumulations are settled. That is all i know about MBA for now.

emekatex:
MBA has started paying people. Those who joined in August are receiving their pay through E-wallet and those before then are receiving through banks just for now. This is due to accumulation of ROI which paying through banks exceeds the daily payments newly allowed by CBN policy. However, payment system would return to normal when these accumulations are settled. That is all i know about MBA for now.

Thanks! A friend of mine who's into it was worried that he hasn't been paid for November or so.

temple4real:
The Federation Accounts Allocation Committee (FAAC) has shared a total of N601.110 billion November 2020 federation account revenue to the Federal, States and Local Government Councils and agencies.

According to a statement issued on Wednesday, the figure was announced after the Federation Account Allocation Committee (FAAC) meeting for the month of December 2020 held at the Federal Ministry of Finance headquarters, Abuja.

The meeting was chaired by the Permanent Secretary, Federal Ministry of Finance, Alhaji Aliyu Ahmed.

The total distributable revenue of N601.110 billion comprised statutory revenue of N436.457 billion; Value Added Tax (VAT) revenue of N156.786 billion and augmentation of N7.867 billion from the Forex Equalisation revenue.

The gross statutory revenue of N436.457 billion available for the month of November 2020 was higher than the N378.148 billion received in the previous month by N58.309 billion.

The gross revenue of N156.786 billion available from the Value Added Tax (VAT) was also higher than the N126.463 billion available in the previous month by N30.323 billion.

A communiqué issued by the Federation Account Allocation Committee (FAAC) indicated that from the total distributable revenue of N601.110 billion; the Federal Government received N215.600 billion, the State Governments received N171.167 billion and the Local Government Councils received N126.789 billion.

The relevant States received N31.392 billion as 13% mineral revenue, while the cost of collection, transfers, and refunds had an allocation of N56.162 billion.

The Federal Government received N190.122 billion from the gross statutory revenue of N436.457 billion; the State Governments received N96.433 billion and the Local Government Councils received N74.345 billion. N30.370 billion was given to the relevant States as 13% mineral revenue and N45.187 billion was the total cost of collection, transfers, and refunds.

The Federal Government received N21.872 billion from the Value Added Tax (VAT) revenue of N156.786 billion. The State Governments received N72.906 billion; the Local Government Councils received N51.034 billion, while the cost of collection, transfers, and refunds had an allocation of N10.975 billion.

From the N7.867 billion augmentation from the Forex Equalisation revenue, the Federal Government received N3.606 billion, the State Governments received N1.829 billion, the Local Government Councils received N1.410 billion and the relevant States received N1.022 billion as 13% mineral revenue.

According to the Communiqué, in the month of November 2020, Petroleum Profit Tax(PPT), Import Duty, Excise Duty, Value Added Tax(VAT), and Oil and Gas Royalty decreased substantially; while Companies Income Tax (CIT) recorded a sharp drop.

The balance in the Excess Crude Account (ECA) as of December 16 was $72.411 million.

https://leadership.ng/faac-shares-n601bn-for-december/?amp=1
that's good news.
Salary payment, Wednesday 23rd/ Thursday 24th December, 2020.

Dry Christmas

Abuchi17:
Dry Christmas

This is "BLACK CHRISTMAS" no hope for December Bonus but only deductions . Governor Wike has really messed civil/public servants up. Big time!

Wike want to use rivers money to host and give those he is inviting to commission his projects in the state without remembering giving civil servants xmas bonus this year.

Endy83 who told you he forgot? Has he ever given before?
Leave politicians mbok

I strongly believe that salary alert will start entering from Monday being 21/12/2020

I pray we get December salary before 25th

State or federal?

gibayebatubo:
I pray we get December salary before 25th

Expect your salary on Wednesday 23rd December and Thursday 24th December.

[quote author=Chibuking81 post=97290916]
Expect your salary on Wednesday 23rd December and Thursday 24th December. Then wetin person go use the money buy buy then?

If he wants to pay today he can, but he won't

otubobo:
If he wants to pay today he can, but he won't

Exactly

Any news about MBA Forex?

econspres24:
Any news about MBA Forex?

Does this place looks like forex trade to you?

chrissoki:


Does this place looks like forex trade to you?

Lol!! E Don happen!!!