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Sunday, 18 January 2015

Oil price crash: FAAC records N108.5bn revenue drop


*Govt dips into falling external reserves to meet shortfalls *SURE-P receives zero allocation Oscarline Onwuemenyi 18 January 2015, Abuja - Revenue available for distribution to the three tiers of government for December 2014 has continued to nose dive as a result of the dwindling crude oil price in the international market. The Federation Account Allocation […] More »

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