Federation Accounts Allocation Committee
Federal, states, local government share N606 billion for April
The three tiers of government on Friday shared about N606.196 billion as federal allocation for April 2020. Details of the allocation were contained in a Secretariat report released by the Office of the Accountant-General of the Federation at the end of the online meeting of the Federation Accounts Allocation Committee (FAAC) in Abuja. The meeting was presided by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Mahmoud Isa-Dutse. The communique showed the allocation included revenue from the Value Added Tax (VAT) collection, Exchange Gain, Solid Mineral Revenue, Excess Bank Charges and Excess Crude Oil Revenue. The breakdown of the allocations showed the federal government received about N169.831 billion, the states N86.140 billion, local government counc...
Edo APC leaders vow to replace Governor Obaseki during primaries
Leaders of the All Progressives Congress (APC) in Edo state have vowed to replace the incumbent governor, Mr Godwin Obaseki, during the primary election of the party, saying no amount of blackmail and intimidation would cow them into submission. In a statement issued Thursday in Abuja, the APC leaders said their views represent the several thousands of APC leaders, stakeholders and members In Edo State whose determination to replace Mr Godwin Obaseki in the forthcoming gubernatorial election is unwavering. Among those who signed the statement were a former Minister of State for Works, Engr Chris Ogiemwonyi, three former deputy governors, Dr Pius Odubu, Rev. Peter Obadan and Lucky Imasuen respectively. Others were Gen. Charles Airhiavbere Rtd, Pastor Osagie Ize-Iyamu, Hon. Saturday U. Idehe...
