Before the Democracy Day Anniversary on May 29, 2013, ‘Manna fell from the Heaven’ when over N1.6 Trillion was disbursed to the tiers of government for the month (May) from various accounts at the meeting of the Federation Account Allocation Committee (FAAC) in Abuja. From Allocation Tables obtained by the Economic Confidential, the allocations were made in local (Naira) and foreign (US Dollars) cu...
Staturory & VAT : The Sharing of 667 Billion in April 2013
Non-Oil Excess Account : The Sharing of 1.7 Billion in April 2013
Foreign Excess Crude Account : The Sharing of 123 Billion in April 2013
13% Derivation : The Sharing of 16 Billion in April 2013
20th NNPC Refund : The Sharing ...
The sum of N173,505,579,751.13 was shared at the meeting of the Federation Account Allocation Committee (FAAC) as disbursement from Foreign Excess Crude Saving Account being difference between budget and actual in March 2013