Category : Search result: Federation Account Allocation Committee


Tinubu Vows Security Reset in 2025 Budget Speech

President Bola Tinubu announces a sweeping national security revamp, allocating N5.41 trillion to defence. He declares all armed non-state actors as terrorists amid rising violence.

Mother Spends All Savings to Fly Daughter Over Kidnapping

A Nigerian mother made the ultimate sacrifice, draining her bank account to buy a flight ticket for her daughter, fearing road travel due to rampant kidnappings. Her story highlights the daily terror many face. Read her emotional plea for safety.

Tinubu Tells Governors To Hand Over LG Allocations

President Bola Tinubu has ordered state governors to comply with the Supreme Court judgement and directly fund local governments. He also reaffirmed plans for state police. Read the full story.

IBEDC Blames Outages on Reduced Grid Supply

IBEDC apologises for prolonged power outages in Oyo, Ogun, Osun, and Kwara, citing reduced allocation from the national grid. The company is engaging with TCN for a solution. Read more.

IBEDC Blames Power Outages on Reduced Grid Supply

IBEDC attributes prolonged power outages in its franchise area to reduced allocation from the national grid. The company is engaging TCN for a solution while cracking down on energy theft.

EKIRS: No Account Freeze Over TIN in New Tax Reform

The Ekiti State Internal Revenue Service clarifies that the new tax reforms will not freeze accounts without TIN. Chairman Olaniran Olatona urges calm, stating the goal is fair taxation, not hardship. Read more.

Federation Account Hits N23trn in 10 Months

Revenue inflows into Nigeria's Federation Account surged to N23.06 trillion in the first ten months of 2025, driven by fiscal reforms and digital tracking. Learn about the growth and the new tax law.

FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

N66.42tr Hits Federation Account in 3 Years

Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.

Man Reveals VDM's NGO Balance Amid Harrison Gwamnishu Feud

A Nigerian man, Charles Obinwanne Don, shares the N10 million balance in VeryDarkMan's NGO account, defending the activist against claims of jealousy towards Harrison Gwamnishu. Get the full story on the social media drama.

FIFA Ruling Forces NFF to Move Egypt Friendly for AFCON 2025

The Nigeria Football Federation is negotiating to move the Super Eagles' friendly against Egypt to December 17 after a FIFA ruling on player release dates threatened the match. Get the latest on Eric Chelle's squad preparations for AFCON 2025.

Supreme Court Strikes Out Osun's Suit on LG Funds

Nigeria's Supreme Court dismisses Osun State's suit over withheld LG allocations, ruling the AG lacked standing. The court condemned the FG's action as unconstitutional. Read the full details.

Supreme Court Dismisses Osun Suit on LG Funds

The Supreme Court has struck out Osun State's suit to compel FG to release LG funds, citing lack of locus standi. Read the full details and implications of the judgment.

Supreme Court Dismisses Osun's LG Funds Suit

Nigeria's Supreme Court has dismissed Osun State's suit to compel the Federal Government to release withheld local government allocations. Read the full details and implications of the verdict.

Fast Ways to Block Your Union Bank Account

Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.

Nigeria Will Overcome Security Challenges – Ribadu

National Security Adviser Nuhu Ribadu expresses strong optimism that Nigeria will defeat terrorism, banditry, and kidnapping. He outlines a 'whole-of-society' strategy and reports over 775 terrorism convictions.

NHIA, HFN Set 2026 Target for Health Insurance Scale-Up

Nigeria's NHIA and private sector leaders target 2026 to enroll millions from the informal sector into health insurance. Success hinges on digital tools, enforcement, and rebuilding public trust. #HealthInsurance #UHC

FIFA Order Disrupts Super Eagles' AFCON 2025 Preparations

FIFA's decision to move the player release date for AFCON 2025 has severely impacted Super Eagles coach Eric Chelle's plans, leaving him with only six days to prepare the team. Discover the full implications for Nigeria's campaign.

Edo Assembly Summons 2Baba's Wife Over Viral Video

Edo State House of Assembly summons lawmaker Natasha Osawaru, wife of 2Baba, to appear before its Ethics Committee over a viral altercation video. Read the full story and public reactions here.

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