3 h. ago FAAC allocation: Reconsider your ruling on Rivers, PANDEF urges Supreme Court

Tribune Online FAAC allocation: Reconsider your ruling on Rivers, PANDEF urges Supreme Court The Pan Niger Delta Forum (PANDEF) has expressed profound concern and dismay over the recent Supreme Court pronouncement, which halted the disbursement of funds from the Federation Account Allocation Committee (FAAC) to Rivers State. PANDEF urged the apex court to reconsider its decision in the supreme interest of economic stability, social justice, and national unity. […] FAAC allocation: Reconsider your ruling on Rivers, PANDEF urges Supreme Court Tribune Online

Politics

19 h. ago PANDEF urges S’Court to review judgment on Rivers allocation

The Pan Niger Delta Forum has called for a reconsideration of the Supreme Court’s ruling on the suspension of allocations to Rivers State. The apex court had, on Friday, upheld a Federal High Court’s decision directing the Central Bank of Nigeria to withhold funds meant for local government areas in Rivers State. In a statement Read More

Politics

46 h. ago FAAC Disburses N1.703trn To Federal, State, Local Govts As January Revenue

A total sum of N 1.703 trillion, being January 2025 federation account revenue, has been shared to the federal, State and local governments in the country by the Federation Account Allocation Committee (FAAC). The outcome of the FAAC meeting was announced after a similar meeting for sharing of the statutory revenues was deadlocked last week […]

Politics

4 d. ago Remove tax bill sections conflicting with Sharia, NSCIA urges Senate

The Nigerian Supreme Council for Islamic Affairs has urged the Senate to remove sections of the tax reform bills that conflict with Sharia law, particularly regarding marriage and inheritance. The NSCIA made the appeal in a memorandum submitted to the Senate Committee on Finance on Tuesday. The council also called on the upper chamber to Read More

Economics

8 d. ago Stalemate In FAAC Meeting Over Unresolved N1.7trn Remittances

The Federation Accounts Allocation Committee (FAAC) meeting scheduled for Wednesday was postponed indefinitely following a dispute between state governments and the Nigerian National Petroleum Company (NNPC) Ltd over outstanding remittances. State representatives boycotted the meeting, insisting that NNPC must first settle an estimated N1.7 trillion in pending revenues, which have remained unpaid since the full […]

Politics

9 d. ago FAAC meeting postponed as states, NNPC dispute over N1.7trn remittances

The Federation Accounts Allocation Committee (FAAC) meeting scheduled for Wednesday was postponed due to a dispute between states and the read more FAAC meeting postponed as states, NNPC dispute over N1.7trn remittances

Politics