New Oil Revenue Rules to Lift FAAC Payouts, FG Says — But Warns: Spend Carefully
By: Oluwaseun Lawal Money may soon flow a little differently. Maybe a little fuller too. The Federal Government says its fresh tax reforms — alongside a new Presidential Executive Order on oil and gas remittances — will increase what gets shared at FAAC. More funds into the Federation Account. More to distribute to federal, state,…