Tag:Federation Account

Business

FAAC Shares N2.338trn to FG, States, LGs for August

The Federal Government, states and local government councils have shared N2.338 trillion from the Federation Account as revenue distributable for August 2026. The allocation was...

Akeem Adebayo - September 18, 2026

news

Atiku: FAAC Boom Is Money Illusion, Nigerians Getting Poorer

Former Vice President Atiku Abubakar has described the reported increase in monthly allocations to the three tiers of government from the Federation Account as...

Roland Edet - September 9, 2026

news

Here’s a punchier Sun-style rewrite, keeping the professor’s claims clearly attributed: Writing Subsidy Return Will Crash 15 Northern States in 3 Months — OAU Prof By Kenneth...

Ola Adebayo - September 5, 2026

Energy

NUPRC Registers 172 Host Community Trusts Under Petroleum Industry Act

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that 172 Host Communities Development Trusts (HCDTs) have been incorporated by oil and gas companies,...

Akeem Adebayo - August 31, 2026