Daily Archives: June 11, 2024

FG, States, and LGs Share N1.1 Trillion FAAC Allocation

The Federation Accounts Allocation Committee (FAAC) has allocated N1.143 trillion to the Federal Government, States, and Local Governments. This was disclosed in a communiqué following the committee’s meeting in Abuja, chaired by Finance Minister, Wale Edun. The distribution of funds is as follows: Federal Government: N365.813 billion States: N388.419 billion …

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Delta Steel Pensioners Decry Poor Payments, Seek FG, Oborevwori’s Intervention

By Chuks Peter, Delta Retirees of Delta Steel Company (DSC) in Ovwian/Aladja, Udu Local Government Area of Delta State, have voiced their distress over severe hardships, including years of power outages and inadequate pension payments. These retirees, who have been in retirement since 2005, are appealing to President Ahmed Bola …

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