FG, States, LGs Shared ₦1.5 Trillion In March – FAAC

The Federation Account Allocation Committee (FAAC) has shared ₦1.578 trillion among the Federal Government, states and local governments for the month of March. This is according to a communiqué issued by FAAC and made available by the Director, Press and Public Relations, Office of the Accountant-General of the Federation, Bawa Mokwa, on Saturday. According to…

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Chief Of Defence Staff Rewards Soldiers For Killing Notorious Bandit Commander, Kachallah Buzu

The Chief of Defence Staff, CDS, General Christopher Musa has announced a cash reward of N1 million for the troops that killed notorious Zamfara bandit commander Kachallah Buzu. GISTSMATE MEDIA reports that Kachallah Buzu was killed alongside several of his fighters, in what has been described as a breakthrough against banditry and terrorism. He was…

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FAAC Meeting Postponed As States, NNPC Dispute Over N1.7 Trillion Remittances

The Federation Accounts Allocation Committee (FAAC) meeting scheduled for Wednesday was postponed due to a dispute between states and the Nigerian National Petroleum Company (NNPC) Ltd over unpaid remittances. States boycotted the meeting until NNPC settles an estimated N1.7 trillion in revenues, which have been pending since the full removal of the petrol subsidy in…

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