Governors decry NNPC zero contribution to federation account
The Nigeria Governors Forum (NGF) has decried the zero contribution of the Nigerian National Petroleum Company (NNPC) Ltd. to the Federation Account in recent months.
Tag : federation account
NNPC Remittance to Federation Account Slumps to 8.5% of Projected Payment
With a paltry N10.54 billion in November, the Nigerian National Petroleum Company (NNPC) Limited, was only able to remit 8.5 per cent of its projected
Fuel subsidy hits N1.03tn, NNPC to deduct N199bn from federation account
Amid plans by the Federal Government to remove subsidy on petroleum products next February, a government report shows the subvention has gulped N1.03tn in the
Subsidy: FG may deduct N2.4tn palliative from Federation Account, plans talks
The Federal Government may deduct at least N2.4tn from the Federation Account to fund the N5, 000 cash palliative that will be handed over to
NNPC’s Contribution to Federation Account Slumps by N13bn in September
The contribution of the Nigerian National Petroleum Corporation (NNPC) to the Federation Account fell by about N13 billion in September, a document detailing the corporation’s
NNPC denies using federation account to achieve first profit
The Nigerian National Petroleum Corporation has said it did not tamper with the federation account to declare its first profit of N287bn in 44 years.
Senate mandates MDAs on 100% remittance of IGR to Federation Account
Senate has mandated Ministries, Departments and Agencies (MDAs) funded by Federal Government to henceforth remit 100 per cent of their Internally Generated Revenues (IGR) into
FAAN seeks suspension of 25% contributions to Federation Account
The Federal Airports Authority of Nigeria (FAAN) has called for the stoppage of its 25 per cent revenue contribution to the Federation Account to enable
RMAFC Moves to Recover Outstanding Revenues to Federation Account
The Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mr. Elias Mbam, yesterday said the agency was prepared to launch a nationwide verification
FIRS contributes 59.7% to federation account, says RMAFC
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) says the Federal Inland Revenue Service (FIRS) contributed 59.7 per cent of revenues in the Federation Account
