The Punch Newspapers21d
FAAC deducts N622.75m for anchor borrowers in 15 months
The Federation Allocation Accounts Committee has deducted N622.75m in 15 months to repay loans disbursed to farmers under the Anchor Borrowers Programme, Sunday PUNCH reports. The Anchor Borrowers ...
Daily Post Nigeria7d
Nigerian govt proposes reduction in FAAC share
The federal government has proposed a major shift in the distribution of funds from the Federation Account Allocation Committee, FAAC. Chairman of the Presidential Fiscal Policy and Tax Reforms ...
The Punch Newspapers1mon
FAAC allocation rose by 1.42% in Q2 2024 – NEITI
The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government in the second quarter of ...
Daily Post Nigeria25d
Naira: Why FAAC releases worsen FX pressures – CBN Governor, Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso has explained that monthly revenue releases by the Federal Account Allocation Committee, FAAC are impacting Nigeria’s foreign ...
LEADERSHIP Newspaper1mon
FAAC Distributes N3.473trn To FG, States, LGs In Q2 – NEITI
The Federation Accounts Allocation Committee (FAAC) disbursed N3.473 trillion to the three tiers of government in the second quarter of 2024. This reflects an increase of N46.77 billion (1.42 per ...