Tag: FAAC

FAAC non-remittance: “Don’t blackmail Nigerians to accept deregulation” – Falana tells NNPC

Aminu Imam

Prominent Nigerian lawyer and human rights advocate, Chief Femi Falana, (SAN), has told the Nigerian National Petroleum Corporation, (NNPC), not to blackmail the government to accept deregulation, saying that the statement that there is no money to remit into the federation account next month (May) was tantamount to blackmail. This is as the former Chairman of the Independent National Electoral Commission, (INEC), Prof Attahiru Jega, said that a new Nigeria is possible if the people should come together irrespective of tribe or religion in the interest of unity. The two…

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FG disburses ?123.348bn grants to States

Aminu Imam

…Bayelsa, Imo, Rivers and Zamfara get zero allocation The Federal Government has disbursed ?123.348billion (USD324.6million) to states under its States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results. Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed disclosed this in a statement issued by the Ministry’s Director of Press and Public Relations,Hassan Dodo, yesterday, in Abuja. The minister explained that the disbursement followed the achievement of results by the States in the just-concluded 2019 Annual Performance Assessment (APA). Mrs. Ahmed said the disbursement included N91.048 billion (USD239.6…

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