The Federation Account Allocation Committee (FAAC) disbursed the sum of N2.32 trillion to the three tiers of government in June 2024 from
The Federation Account Allocation Committee disbursed the sum of N2.32 trillion to the three tiers of government in June 2024 from the total revenue generated in May 2024, the National Bureau of Statistics disclosed. NBS made the announcement in a statement on Monday. The agency said the amount disbursed comprised N1,223.89bn from the…disbursed the sum of N2.
“Further breakdown of revenue allocation distribution to the Federal Government of Nigeria revealed that a total net amount of N232.82bn was disbursed to the FGN consolidated revenue account; N5.58bn was received as a share of derivation and ecology; N2.79bn as a stabilisation fund; N9.38bn for the development of natural resources; and N10.12bn to the Federal Capital Territory Abuja.” NBS added.Before flagging, please keep in mind that Disqus does not moderate communities.
The United States, Britain and Canada have issued security warnings to their citizens in Nigeria as the country inches towards planned protests over economic hardship. The UK Foreign Office warned of the risks of unrest from July 29 to August 10 and said "past protests have turned violent with little warning.
Coalition of human rights activists and organisations, Network of Abuja Left Groups, has outlined 12 demands that must be met by the federal government to avert the August 1 nationwide #EndBadGovernance protest. They stated their demands just as Civil Society Legislative Advocacy Centre and a former presidential candidate and a chieftain of All Progressive Congress…
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