Heeh, before I forget, we had NUT meeting yesterday in my LGA and the chairman told us that our arrears will be paid this month. So, am hoping that its true.

gold360:
this is for last month

701.----- for the month of April was share on may 24th.
Now May allocation, was shared in(this week.)
Yes, no much noise was made about it. But check the date and figures.
This one is for the month of May.

someone came to photocopy this and I saw it

I no get voters card

From my school notice board: RE:LOAN, level 01-06: 200,000, 07-09:500,000, 10-12:800,000, 13:1,000,000. You must have at least 2yrs in service,payable in 2yrs. Some requirement dey shaa to accessing the loan.

The monthly meeting of the Federation Account Allocation Committee ended in a deadlock on Wednesday in Abuja.

The FAAC monthly meeting is the forum where money is shared among the federal, states and local governments. However, the meeting ended with participants wearing long faces, the News Agency of Nigeria claims.

Chairman, Forum of Finance Commissioners of FAAC, Mr. Mahmoud Yunusa, who declined to be interviewed, said in passing that members would go back to confer with the state governors.

However, Director Press, Ministry of Finance, Mr. Hassan Dodo, said the meeting would reconvene before the end of the week.

NAN reports that for some months now, FAAC participants have been experiencing difficulties in agreeing with figures because of revenue remittance discrepancies.

This is largely attributed to the Nigerian National Petroleum Corporation not remitting all revenue accruing within the month.

The corporation has been accused of dishonoring its statutory obligations to the Federation Account over time.

for those worrying about the loan, relax, when it gets to the turn of your board/ministry. , they will send forms showing the terms and conditions of the loans after which, we will fill the main forms.

The prospect of June salary being paid at the end of this month dimmed yesterday, with the Federation Accounts Allocation Committee (FAAC) adjournment of plenary session abruptly for fourth time in a row this year. Hours after state Commissioners of Finance, their Accountants-General counterparts and other top officials of Federal Ministry of Finance entered for a closed plenary door session , they emerged from the meeting wearing long faces. Director of Information in Ministry of Finance, Hassan Doddo, who confirmed the postponement to journalists said, ” the meeting has been postponed to a later date to be announced”.

Effort to get reason for abrupt postponement from him and other FAAC officials present were resisted.

The Chairman, Forum of Finance Commissioners, Alhaji Yunusa Mahmoud, declined comment when confronted for explanation. However, an insider who spoke to New Telegraph in confidence traced the problem to persisting lingering irreconcilable account with the Nigerian National Petroleum Corporation (NNPC)

“The whole thing revolves around NNPC’s irreconcilable account. However, President Muhammadu Buhari has intervened. But I can’t tell when the meeting will reconvene. That will depend on the outcome of intervention by Mr. President” the source said. Indications that, all may not be smooth with FAAC manifested last week .

The monthly meeting for sharing funds accruing to federation account usually holds between 18 and 20 of every month. However, officials of Federal Ministry of Finance were not forthcoming with convincing explanation when this reporter sought information about FAAC earlier this week. In March this year, FAAC experienced a logjam on alleged NNPC withholding of portion of Federation fund.

gold360:
for those worrying about the loan, relax, when it gets to the turn of your board/ministry. , they will send forms showing the terms and conditions of the loans after which, we will fill the main forms.

about half of the teachers in my school have written the application and filled the form with the photocopies of the requirements attached.

PLS WHERE CAN I GET THE FORM, HELP!

tonero263:
about half of the teachers in my school have written the application and filled the form with the photocopies of the requirements attached.

Oga tonero, thanks please I just sent your an email request, do accept it, so we can chat privately, thanks

tonero263:
about half of the teachers in my school have written the application and filled the form with the photocopies of the requirements attached.

Please where did they get the form? Was it from the board?

some supervising directors are on top of their game while some are sleeping on duty. Visit your S.D. Show your ID cards(staff and voter), write the application, stating your salary grade level and amount,attach those requirements in photocopies,submit to the S.D. at the spot. N/B:hand written or typed is not an ISSUE. Best of grace to all on APPROVALS.

tonero263:
some supervising directors are on top of their game while some are sleeping on duty. Visit your S.D. Show your ID cards(staff and voter), write the application, stating your salary grade level and amount,attach those requirements in photocopies,submit to the S.D. at the spot. N/B:hand written or typed is not an ISSUE. Best of grace to all on APPROVALS.

please who are we addressing the application to?

Iniobon:
please who are we addressing the application to?

just what I want to ask

tonero263:
some supervising directors are on top of their game while some are sleeping on duty. Visit your S.D. Show your ID cards(staff and voter), write the application, stating your salary grade level and amount,attach those requirements in photocopies,submit to the S.D. at the spot. N/B:hand written or typed is not an ISSUE. Best of grace to all on APPROVALS.

?

tonero263:
about half of the teachers in my school have written the application and filled the form with the photocopies of the requirements attached.

Pls as one family, help us attach the unfilled copy of the form here, so that we can download and print it out, thanks in anticipation.

i did not make any copy of the form,i was totally disappointed with the amount. Address:The chairman, Rivers state civil servant revolving loan scheme governor's house port harcourt. Thro:The chairman,rivers state ube board elechi beach p.h. Thro:The supervising director your LGEA. Sir, Application For Loan. Brief write up to that effect.

how much is it sir?

chrissoki:
how much is it sir?

500000k I was expecting something higher.

The Federal Account Allocation Committee (FAAC) has again clashed with the Nigerian National Petroleum Corporation (NNPC) over how much the state-owned oil corporation is to remit to it.
Ndu Ughamadu, Group General Manager, Public Affairs of the Corporation, said it gave FAAC N35billion extra from funds reserved for settling cash calls owed its Joint Venture partners, because of the posture of the governors.
In a statement released in response to the stalemate at Wednesday’s revenue sharing meeting between the three organs of the government, Ughamadu said the governors wanted NNPC to transfer another N40 billion to them after NNPC gave FAAC N147 billion — N35 billion more than the N112 billion that the corporation had agreed with the allocation committee to give monthly.
He said that the monthly remittance will be paid subject to sufficient funds from sales of domestic crude oil allocation for the corresponding month after meeting cash call obligations on joint venture operations, as well as deductions of petrol - cost under recovery and pipeline maintenance. He regretted that the governors were demanding an extra N40billion, saying: “It was unfortunate, given the fact that NNPC is set to exit the cash call phenomenon.”
On May 16, the Nigerian Governors Forum (NGF) met with Vice President Yemi Osinbajo and other executives. At the end of that meeting, they ordered NNPC to give an audit of its under-recovery expenditures on subsidy and the actual value of Joint Venture cash calls. Speaking after the meeting, Abdulaziz Yari, Governor of Zamfara and Chairman of NGF, had said: “On the issue of cost recovery otherwise called subsidy, the issue of subsidy resurfaced again after the efforts of Mr. President. Before now the oil was $40 per barrel and now it is about $78 a barrel, so therefore they are depending largely on importation.
“Therefore, the cost is higher than what they are selling at the filling station and they need more money. When there was no cost recovery, the NNPC clearly gave us the number of 33 and 35 million litres per day as the consumption of Nigeria.
“But now that with the new regime of cost recovery, NNPC is claiming daily consumption of 60 and 65 million litres per day, which we rejected and said no.
“So many of our international partners are saying that even if we are feeding Nigeria, Cameroon, Ghana and Niger, we cannot consume more than 35 million litters per day. So we are wondering where the 60 million litres is coming from. We are trying to sort that one out, that one is not yet resolved.
“At the same time, NNPC is making payment on behalf of Nigeria on cash-call contribution and also the NNPC is making payment of cash call arrears of Nigeria’s contribution. Our main concern is that in 2015, they said about $16.8 billion, which is outstanding, was not paid by the last administration and they negotiated it down to $5.1 billion according to them.".

from Sahara reporters news

tonero263:
some supervising directors are on top of their game while some are sleeping on duty. Visit your S.D. Show your ID cards(staff and voter), write the application, stating your salary grade level and amount,attach those requirements in photocopies,submit to the S.D. at the spot. N/B:hand written or typed is not an ISSUE. Best of grace to all on APPROVALS.

Those of us in PPSB, who is our supervising director?

Chibuking81:

Those of us in PPSB, who is our supervising director?

Zonal Head the equivalent.

All interested civil servants are to write a hand written application for the loan ,address it thus:
The chairman
Civil Servants Revolving Loan Scheme Management Committee,
Through,
The Executive Chairman,
Rivers State Senior Secondary Schools Board.
it will be collected by the zonal directors who will use them to collect the exact number of forms from the ministry....so get in touch with ur Zonal director if u r interested....

Lemon1:
All interested civil servants are to write a hand written application for the loan ,address it thus:
The chairman
Civil Servants Revolving Loan Scheme Management Committee,
Through,
The Executive Chairman,
Rivers State Senior Secondary Schools Board.
it will be collected by the zonal directors who will use them to collect the exact number of forms from the ministry....so get in touch with ur Zonal director if u r interested....

,that's d directive given by the zonal director for my zone

You people should stop disturbing us concerning the loan stuff ,after all is not a free money you must pay back 22000 every month from your salary if you are on level 8.Stop shouting on top of your voice.What we need is our three months arrears of April ,may and June of 2015 not loan.Why not use the money to pay the arrears. Mcheeeeeew

Sau24:
You people should stop disturbing us concerning the loan stuff ,after all is not a free money you must pay back 22000 every month from your salary if you are on level 8.Stop shouting on top of your voice.What we need is our three months arrears of April ,may and June of 2015 not loan.Why not use the money to pay the arrears. Mcheeeeeew

While it is important we get our 3 months arrears, you cannot play down the importance and usefulness of an interest free loan. It can help us achieve a lot.

Chai!!! No salary this week....

Sau24:
You people should stop disturbing us concerning the loan stuff ,after all is not a free money you must pay back 22000 every month from your salary if you are on level 8.Stop shouting on top of your voice.What we need is our three months arrears of April ,may and June of 2015 not loan.Why not use the money to pay the arrears. Mcheeeeeew

my dear sorry if we have offended u ok...some people r in dare need of this info....it's not compulsory....for only those interested...this forum is to share info about anything that concerns us no matter how small .....just make use of the info u find useful and leave the rest.....I pray we all get what we worked for...on the soft side .... how do u know when somebody is shouting at the top of his/her voice?,when there is no audio message just text ...u must super human powers to be able to tell when lolzzzz...once again I implore u not to b offended..

Good day all.

Please is there anyone here who had Date of birth issue during the biometric excersice and did not get a new id? Pls quote or send me a PM. I need to get an information cos I have the same issue.

The Federation Accounts Allocation Committee has finally resolved to allocate funds to the three tiers of government.

The FAAC committee had a slight disagreement yesterday, a development that made it impossible to share the statutory allocation.

The meeting had ended in a deadlock following disagreement about the revenue figures remitted into the federation account by the Nigerian National Petroleum Corporation for sharing by the three tiers of government.

But late last night, the Minister of Finance, Mrs Kemi Adeosun intervened by calling for an emergency meeting on Wednesday.

At the meeting on Wednesday, held at the headquarters of the Ministry of Finance which was presided over by Adeosun, the committee distributed the sum of N647.39bn to the three tiers of government.

Out of this amount, the Federal Government received N270.8bn, states got N173.75bn and the 774 local government councils were allocated a total amount of N130.9bn.

The committee also allocated the sum of N57.35bn to the oil producing states based on the 13 per cent derivation principle while N14.55bn was returned to the revenue generating agencies as coat of revenue collection.

Government workers in Nigeria may have to wait a little longer to earn their pay for the month of June.

This is because a quarrel has broken out between the Federation Account Allocation Committee, FAAC and the NNPC over the available funds to be shared by the three tiers of government.

So, it all started on Thursday, when Nigeria’s state governors gathered to share the national cake in Abuja.

As it turned out, the cake couldn’t be shared because it wasn’t enough to go around.

The Federation Account Allocation Committee, FAAC, backed by the National Economic Council, NEC rejected the amount of money (cake) made available for sharing.

So, what exactly is the bone of contention? We’ll try to explain.

The FAAC suspects fraud with the NNPC remittance. The Nigeria National Petroleum Corporation, NNPC’s remittance to the federation account is based on the quantity of crude oil sold at international oil market.