FAAC Shares N1.424trn For Three Tiers Of Government
By Oluwakemi Kindness The Federation Account Allocation Committee FAAC as shared the total sum of N1.424 trillion, being December revenue to the Federal Government, States and the Local Government Councils. The sharing took place on Friday in Abuja at the January 2025 FAAC meeting. The N1.424 trillion comprises distributable statutory revenue of N386.124 billion, distributable […]
Presidential social investment panel meets to enhance poverty alleviation efforts
By Oluwakemi Kindness The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Monday presided over a meeting of the Presidential Panel on the Social Investment Program (SIP) aimed to assess progress and ensure the effective implementation of social investment policies. This is in a bid to accelerate Nigeria’s poverty reduction efforts […]