FAAC: ƋƋ ƅ Ɛƈ ƗƏ ƍ 01è dƐ ƐƆ è G1 ƏƆ MƢƤÖêÖƢÕƄ Mathew Dadiya, ƄƑƉ
ÎÎÎThe monthly revenue allocation to the
three tiers of government has continued to dip further as the Federation Account Allo-
cation Committee (FAAC) shared the sum of N389.936 billion for the month of September, 2015, making a deficit of N47.144 billion when compared to the amount shared in the previous month.
Giving the breakdown, the Chairperson of the FAAC and Permanent Secretary Ministry of Finance, Mrs. Anastasia Nwokobia, disclosed that the gross statutory revenue of N321.996 billion received for the
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month of September was lower than the N369.140 billion received in the previous month of August 2015 by N64.444 billion. Continued on page 6
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THURSDAY, OCTOBER 29, 2015 VOL. 1. NO.219
GAINERS
N150
LOSERS
NSE GAINERS AND LOSERS AS AT 22nd October 2015.
BETAGLAS
45.15
2.15
4.76%
PZ
26.1
0.92
3.52%
GUINNESS 142.2
-8.60
-6.05%
UNILEVER 42.85
-1.98
-4.62%
GLAXOSMITH
39.99
0.99
2.48%
OANDO
10.4
0.53
5.10%
OKOMUOIL 32.16
-3.47
-10.79%
DANGCEM 163
-1.55
-0.95%
Tension as Senate votes on Amaechi today
Ï ^#^ dƆ Ɛ Ə ƌƆƆƐ Ɛ ƍƆƏƇƆƅƐ ƍƋ Ï M ƈ ƐƏƈ ƑƆ ƓƈƋƋ Ɛ ƍ ƌ Ɔƅ ƈô ƅƋƆ Ə ƅƆ – Ndume Olufemi Samuel ƄƑƉ
ÎÎÎThe
screening of President Muhammadu Buhari’s nominees for ministerial appointments came to a close in the Senate on
Wednesday as the Upper Chamber is now set to confirm additional 18 nominees today (Thursday). Meanwhile, the Peoples Democratic Party (PDP) Senators are not relenting on stopping the clearance of the nominee from
Rivers State, Rotimi Amaechi and his counterpart from Cross River, Usani Usani Uguri, as they held a crucial meeting after Wednesday’s plenary on the next line of action to take on the two nominees.
Senate President, Abubakar Bukola Saraki, confirmed that the last batch of the nominees who had been screened would be confirmed today (Thursday). Those screened during Wednesday’s plenary include Mr. Oke-
chukwu Enyinna Enelamah, Anwuka Anthony Gozie, Mohammed Musa Bello, Adamu Adamu and Aisha Abubakar. The only nominee who was Continued on page 6
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