Federation Account

Again, NNPC Fails to Remit Monies to Federation Account in May as Petrol Subsidy Hits N1.27trn

The inability of the Nigerian National Petroleum Company Limited (NNPC) to carry out its statutory obligations to the federation continued…

2 years ago

Nigeria: Again, NNPC Fails to Contribute to Federation Account in March

The Nigerian National Petroleum Company (NNPC) once more failed to remit any money to the federation account, a joint pool…

3 years ago

Nigeria: Concerns as NNPC Recorded Zero Remittance to Federation Account in January

Despite the rising international prices of oil, the Nigerian National Petroleum Company (NNPC) Limited failed to remit its statutory funding…

3 years ago

Nigeria: FAAN Remits N16.7bn to Federation Account, Rehabilitates Lagos Terminal

The Federal Airports Authority of Nigeria (FAAN) said it remitted N16.7 billion to the Federation Account last year. The agency…

3 years ago

Nigeria: FG Turned Down Governors’ Request to Borrow N50bn from Central Bank, Finance Minister Ahmed Says

Nigeria's Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Monday narrated how the federal government rejected a…

4 years ago