Tag: FAAC
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FG, States, LGAs share N640.3bn for January
The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the three tiers of government for January. Mr Hassan Dodo, the Director of Information, Ministry of Finance, Budget and National Planning, said this was made known in a communique issued at the end of virtual conference of FAAC on Thursday. The committee in its…
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SEC wants state govts to establish project companies to boost IGR
The Securities and Exchange Commission Nigeria (SEC) on Tuesday advised state governments to establish companies for specific target projects in order to boost their Internally Generated Revenue (IGR). Ms Mary Uduk, Acting Director-General, SEC, gave the advice while speaking at the ongoing Federation Account Allocation Committee (FAAC) 2020 Retreat in Lagos. ALSO READ:Marine waste clean-up…