NEITI cautions FG, States, LGs over rising FAAC disbursements

Ike Amos 26 November 2018, Sweetcrude, Lagos — The Nigeria Extractive Industries Transparency Initiative (NEITI) has advised the Federal, states and local governments to exercise caution over rising disbursements from the Federation Account. NEITI, in its Quarterly Review for Third Quarter 2018, disclosed that revenue disbursements by the Federation Account Allocation Committee (FAAC) to the … More »