Tag: Federation Account

The Federal Government, 36 state governments and 774 local government councils shared a record ₦3.007 trillion in Federation Account revenue ...

The Federation Account Allocation Committee (FAAC) has shared a total of N2.3 trillion among the Federal Government, the 36 state governments, and ...

The Nigerian National Petroleum Company Limited has reported a profit after tax of N276 billion for March 2026, a significant ...

The Nigerian National Petroleum Company has reported a significant 60 percent increase in remittances to the Federation Account, reaching N2.88 ...

The Senate has advanced legislation that would allocate one per cent of total revenue accruing to the Federation Account to ...

The Nigerian National Petroleum Company Limited (NNPCL) generated N2.57 trillion in revenue and posted a profit after tax of N385 ...

The Nigerian Upstream Petroleum Regulatory Commission has raised daily oil production to 1.84 million barrels, a development that aligns fully ...

Nigeria's oil revenue inflows rose sharply in February following the implementation of Executive Order 9 signed by President Bola Tinubu, ...

The federal government has initiated a sweeping overhaul of petroleum revenue management, with Finance Minister Wale Edun signaling a potential ...

The Federal Government has officially approved a strategic transition period for the implementation of direct petroleum revenue payments into the ...