₦airaland Forum

sam1980000:
FAAC to Share 1.959 Trillion Naira in July.

Source: thecable.ng/exclusive-faac…

Rivers State Government has no excuse this month not to implement promotions

odeyiB:
We re after promotion letter n it's implementation . certainly FAAC ll be shared if not already shared yesterday without media making it public yet.without doubt,old salary ll be paid but,what difference ll it make considering economic condition of this country. The old salary ll be used to settle debt already incurred while some debts ll be carried forward to August salary.u cee wahala....

onlyhandsome202:
JULY FAAC MEETING

The Federation Account Allocation Committee (FAAC) has shared the sum of 907.054 billion Naira June 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils.

This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for July 2023.

The meeting was chaired by the Accountant General of the Federation, Dr. Oluwatoyin Madein.

The total distributable revenue comprised distributable statutory revenue of 301.501 billion Naira, distributable Value Added Tax (VAT) revenue of 273.225 billion Naira, Electronic Money Transfer Levy (EMTL) revenue of 11.436 billion Naira and Exchange Difference revenue of 320.892 billion Naira.

The balance in the Excess Crude Account (ECA) was 473,754.57 Dollars.

The communiqué stated that Gross statutory revenue of 1.153 trillion Naira was received for the month of June 2023, higher than the sum of 701.787 billion Naira received in the previous month by 451.134 billion Naira.

According to the communiqué signed by Bawa Mokwa Director (Press and Public Relations) office of the accountant general of the federation,Companies Income Tax (CIT) recorded tremendous increase in the month under review.

Import and Excise Duties, Value Added Tax (VAT), Oil and Gas Royalties increased significantly, while Petroleum Profit Tax (PPT) and Electronic Money Transfer Levy (EMTL) decreased considerably.

Kindsoul55:
jeez, with subsidy removal, we were expecting 1 trillion and above

ikem50:
It was about 1.9T but decided to share .9 and keep the rest for only God knows why.

Governors agreed

onlyhandsome202:
JULY FAAC MEETING

The Federation Account Allocation Committee (FAAC) has shared the sum of 907.054 billion Naira June 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils.

This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for July 2023.

The meeting was chaired by the Accountant General of the Federation, Dr. Oluwatoyin Madein.

The total distributable revenue comprised distributable statutory revenue of 301.501 billion Naira, distributable Value Added Tax (VAT) revenue of 273.225 billion Naira, Electronic Money Transfer Levy (EMTL) revenue of 11.436 billion Naira and Exchange Difference revenue of 320.892 billion Naira.

The balance in the Excess Crude Account (ECA) was 473,754.57 Dollars.

The communiqué stated that Gross statutory revenue of 1.153 trillion Naira was received for the month of June 2023, higher than the sum of 701.787 billion Naira received in the previous month by 451.134 billion Naira.

According to the communiqué signed by Bawa Mokwa Director (Press and Public Relations) office of the accountant general of the federation,Companies Income Tax (CIT) recorded tremendous increase in the month under review.

Import and Excise Duties, Value Added Tax (VAT), Oil and Gas Royalties increased significantly, while Petroleum Profit Tax (PPT) and Electronic Money Transfer Levy (EMTL) decreased considerably.

Kindsoul55:
I know some of you will ask for source, but I heard that new salary will be paid this month with one month of arrear

Kindsoul55:
I know some of you will ask for source, but I heard that new salary will be paid this month with one month of arrear

Wills446:
Another banga
Una don come again

Kindsoul55:
I know some of you will ask for source, but I heard that new salary will be paid this month with one month of arrear

Kindsoul55:
I know some of you will ask for source, but I heard that new salary will be paid this month with one month of arrear

Kindsoul55:
I know some of you will ask for source, but I heard that new salary will be paid this month with one month of arrear

onlyhandsome202:
If the money comes too better. But before you begin to xpet, ask your principal if they prepared new nominal roll with the new level? Since I was told by retired and serving civil servants that until you get your promotion letter, sign and send to ministry of finance that no payment will be made. Then I removed my mind from this thing for now. No over expect ooo because this is not the first time we have heard this I WAS TOLD BY SOMEONE kind of informations here

emekatex:
The information I got just now was that those in account section of our boards inflated our number which reflected on our wage bill to a crazy extent. Thus, prompted the halt of the promotion exercise.
Meanwhile, they have been asked to review it and resubmit for onward action.

Kindsoul55:
I know some of you will ask for source, but I heard that new salary will be paid this month with one month of arrear

mela82:
Amen! Let it come to pass. My expectations shall not be cut

emekatex:
Please don't crucify him if it didn't happen as he said because he only said what someone told him. However, with God all things are possible.

dmercy141983:
Is it not reasonable that someone like ME should ask for your source? After all the gbas-gbose about this issues you have come again, even without promotion letters given you hope to be paid new salary.

Make una stop abeg.

dmercy141983:
. Y advice is don't ever expect new salaries if you don't have your promotion letters. Simple!

MaksLove:
Must you project and force your pessimism on others? U buy anyone phone or data here? Who are you to decide for people what to expect or not to expect?

If you chose to remain pessimistic about anything keep it to yourself or say it and let others who chose to be optimistic about it to state it as well. Who are you to constantly shut people up whenever they try to entertain hope as opposed to pessimism which you represent? Live and let's live. Keep your autocracy for your house, no bring am come here.

Ur own don dey too much for this thread.

MaksLove:
Must you project and force your pessimism on others? U buy anyone phone or data here? Who are you to decide for people what to expect or not to expect?

If you chose to remain pessimistic about anything keep it to yourself or say it and let others who chose to be optimistic about it to state it as well. Who are you to constantly shut people up whenever they try to entertain hope as opposed to pessimism which you represent? Live and let's live. Keep your autocracy for your house, no bring am come here.

Ur own don dey too much for this thread.