FAAC Allocations Rise 149% To N13.7trn In 7 Months

The Federation Account Allocations Committee (FAAC) disbursements to the Federal Government (FG), 36 states and 774 local governments (LG) rose by 149.4 percent year-on-year (YoY) to N13.72 trillion in the first seven months (January to July) of 2024, 7M ’24, from N5.5 trillion in the corresponding period of 2023. Details of data from the National…

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‘No One Above The Law’, Presidency Backs EFCC Manhunt For Atiku’s Son-In-Law Abdullahi Haske

The President Bola Tinubu-led government has told former Vice-President, Atiku Abubakar, that “no one is above the law” while reacting to the Economic and Financial Crimes Commission (EFCC) manhunt for businessman, Abdullahi Bashir Haske, the founder of AA & R Investment Group and son-in-law to Atiku. Haske had been declared wanted by the EFCC for…

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