faac – Extractive 360

NEITI: Federal, States, LGs Shared N10.143trn In 2023

By Juliet Ukanwosu The latest report by the Nigeria Extractive Industries Transparency Initiative (NEITI) on the Federation Account revenue allocations for the...

119

FEATURES

Nigeria And The Imminent Fiscal Implosion

In the face of current realities, the Nigerian government must take quick steps in reforming the oil sector, transit to a sustainable...

430

Knowledge Centre

Full Report of NEITI Analysis Of FAAC Disbursement In First Half of 2019

Full report of the latest edition of Nigeria Extractive Industries Transparency Initiative (NEITI) Quarterly Review, which examined FAAC Disbursements to the...

214

NEWS

NEITI: All Nigerian States Recorded Budget Funding Deficit In 2018

The 36 states received N3.95trillion as total revenues in 2018 but none of the states could fund their 2018 budget from their...

396

NEWS

Nigeria Produced 1.9mbpd Of Crude In 2018, As Federation Earned N1.26tn

Nigeria produced a daily average of between 1.9 million barrels and 1.89 million barrels of crude in 2018 falling short of 2.3million...

893

Nigeria/EITI

EITI Validation: Nigeria Targets Beyond Satisfactory Mark

Nigeria, EITI’s trailblazing member country, says it is targeting attaining beyond satisfactory overall on all requirements in implementing the Extractive Industries Transparency...

378

Nigeria/EITI

NEITI: FAAC Disbursed N8.5trn To Tiers Of Govt In 2018

… Osun lowest with N22.8b, Delta highest with N213.6b The Federation Allocation Account Committee (FAAC) disbursed N8.5 trillion to the three...

509

Nigeria/EITI

Nigeria: FG, States, LGAs Shared N2.28trn In Q3 2018

Revenue disbursements by the Federation Account Allocation Committee (FAAC) to the three tiers of government has witnessed a steady increase in three...