[News Update] Facts: How They Share $1.5bn Excess Crude and N254bn from FAAC in March 2009
Latest from the Economic Confidential www.economicconfide
Nigerians dont ask questions how their monthly revenues from the Federation Account are utilised to the benefit of their communities by Federal, States and Local Government Councils just as the Economic Confidential monthly provides detailed summary of the allocations. Another allocation for April 2009 will be made this week in Abuja. For the March 2009 double allocation, please click on the headline below to read the stories.
FACTS Excess Crude Account: The Sharing of $1.5bn in March 2009 The table on the sharing of $1.5billion from the Foreign Excess Crude Savings Account to states and local governments at the March meeting of the Federation Account Allocation Committee (FAAC) is exclusively brought to you here by the Economic Confidential. While one of the states received $90million some others received $12 million each. Please click HERE.
Federation Account: The Sharing of N254bn in March 2009 The Economic Confidential magazine provides here the distribution of a total sum of N254 billion which was shared to all tiers of government at the March 2009 meeting of the monthly Federation Account Allocation Committee (FAAC) in Makurdi, Benue State which comprised statutory allocation and VAT distribution. From the total disbursement while Rivers State received N11bn being an oil producing state, some states like Gombe, Nasarawa, Ebonyi and Ekiti only received N2.2bn each. To see the table, click HERE
Nigeria Becomes World's Worst Market on Bank Losses By Janice Kew and Michael Patterson April 1 (Bloomberg) -- Nigeria's stock market, Africa's best performer during the past decade, posted the biggest declines worldwide in the first quarter as bad loans to speculators pushed bank valuations to an all-time low… Read INTERVIEW 2009 Budget Will be Closely Monitored – DG Budget In this exclusive interview with the Economic Confidential after a workshop on Budget Implementation, Monitoring and Evaluation in Abuja, the Director General of Budget Office of the Federation, Dr. Bight Okogu who was a former Special Adviser to Minister of Finance, gives assurances on 2009 Budget…. Read Read More from: Economic Confidential Factual, Authoritative and Accesible Nigeria's Economic Magazine |
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch format to Traditional
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe
posted by Economic Confidential at 5:44 AM
0 Comments:
Post a Comment
<< Home