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FAAC urges FG to pay N228bn election loan

This information was disclosed in a comprehensive report signed by the sub-committee Chairman, Kabir Mashi, on December 14, 2023.

Kabir mashiDebt management officeCommittee of the federal account allocationNational electoral commissionOil excess revenuePetroleum regulatory authorityPostmortem sub committeeFederal account allocation committeeFederal governmentNon oil excess accountNon oil excess revenue accountNigerian midstreamDownstream petroleum regulatoryIndependent national electoral commission

FAAC Advises FG to Repay N228bn Election Loan

FAAC Advises FG to Repay N228bn Election Loan
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Kabir mashiNational electoral commissionPetroleum regulatory authorityDebt management officeOil excess revenueCommittee of the federal account allocationPostmortem sub committeeFederal account allocation committeeFederal governmentSub committee chairman kabir mashiNon oil excess accountNon oil excess revenueNigerian midstreamDownstream petroleum regulatoryIndependent national electoral commission

Nigeria generates N4 2 trillion, achieving 64% of revenue generation while oil revenue performs at 27%

The Federal government of Nigeria generated N4.2 trillion in August 2022. | Pulse Ghana

Federation account revenueOil excess revenueAllocation committeeFederal governmentFederal account allocation committeeValue added taxNon oil excess revenue

FG, States, LGAs share N673b in August

The Federation Account Allocation Committee (FAAC) shared a total sum of N673.137 billion to the three tiers of government as federation allocation for the month of August 2022.

Oil derivationFederation account allocation committeeOil excess revenuePetroleum profit taxExcess crude accountGross statutory revenueValue added taxNon oil excess revenueFederal governmentMineral revenueGross revenueExcise dutiesCompanie income taxGas royaltiesStatutory revenue

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