FAAC Reconciliations Injected N2.36tn into Federation Account in 9 Months Fresh N1.03tn, $68.98m await verification NNPC responds to query, denies owing $42.37bn Emmanuel Addeh in Abuja
The Federation Account
received a significant boost in the first three quarters of this year, with the Federal
Accounts Allocation Committee (FAAC) reporting that a total of N2.359 trillion
in outstanding revenue arrears was reconciled and paid to the federal government and
subnational governments between January and September.
The committee’s detailed Continued on page 5
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After NMDPRA Report, Dangote Refinery Says It Can Supply 1.5bn Litres of Petrol Monthly... Page 8