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Federation Account: Richest and Poorest States in May 2013, as Akwa Ibom Leads in Naira an... » Before the Democracy Day Anniversary on May 29, 2013, ‘Manna fell from the Heaven’ when over N1.6 Tr...
Kwankwasiya: Taming Ignorance and Begging in Kano » Realising the importance of knowledge, skill acquisition and job creation, the Kano State government...
Nexim Bank and Structural Transformation of Nigeria’s Economy » Nigeria is the natural leader of Africa. For decades, our dear country has been Africa’s foremost pr...
Nigeria and Personalization of Rule of Law » My article of Wednesday, May 15, 2013, titled, Obasanjo’s miscalculations, generated varied response...
Clarifying Nigeria’s Debt Status » There has recently been a lot of misinformation and misconception in our public debate on debt. My g...
CBN Reserves and the Status of Dollar against Naira » In the light of popular perception regarding the virtue of large reserves, it may seem incredible fo...
The Verdict on Jonathan’s Half-Time » The mid-term review of the Goodluck Jonathan administration was celebrated with much pomp and pagean...
Growth: A Leader’s Perspective » Just as leadership deals with creation of vision, strategies, and values that motivate followers; th...
Bature U. Masari: A Journalist at the Helm of Affairs in SMEDAN » President Goodluck Jonathan has appointed Alhaji Bature Umar Masari as the new Director General of t...
The States: How They Have Fared In 2 Years » In this mid-term report, the Economic Confidential here brings you a summary of what citizens have e...

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Facts & Figures

Federation Account: Richest and Poorest States in May 2013, as Akwa Ibom Leads in Naira and Dollars

June 2013 Economic Confidential
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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...

 

Federation Account: The Sharing of 859 Biliion in April 2013

May 2013 Economic Confidential
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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 ...
 

Foreign Excess Crude: How They Share N173bn in March 2013

April 2013 Economic Confidential
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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

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Statutory and VAT: How They Share N647bn in March 2013

April 2013 Economic Confidential
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Statutory and VAT: How They Share N647bn in March 2013Read more... Add new comment

 

Augmentation: How They Shared N156bn in March 2013

April 2013 Economic Confidential
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A total sum of N156,761,235,691.43 from Foreign Excess Crude Savings Account being arrears of Augmentation for January, 2013

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