The Federation Account Allocation Committee (FAAC) has distributed a total of ₦1.703 trillion in revenue to the federal, state, and local governments for January 2025. This was disclosed in a statement on Thursday by Bawa […]
The Federation Account Allocation Committee (FAAC) has announced that statutory monthly allocations for the 774 local governments across Nigeria will not be directly disbursed this January due to their failure to submit required account details […]
The Federal Government, state governments, and Local Government Areas (LGAs) have shared a total revenue of N1.424 trillion generated in December 2024, according to the Office of the Accountant General of the Federation (OAGF). This […]
The Federal Government, state governments, and local government councils collectively received ₦1.727 trillion as revenue from the Federation Accounts for November 2024, as disclosed during the December meeting of the Federation Accounts Allocation Committee (FAAC) […]
The Federation Account Allocation Committee (FAAC) has shared N1.41 trillion among the three tiers of government for October 2024. This marks an increase of N113 billion compared to the N1.29 trillion allocated in September. The […]
In the October 2024 meeting of the Federation Accounts Allocation Committee (FAAC), the Federal Government, states, and local government councils shared a total revenue of N1.298 trillion for September 2024. The announcement came from the […]
The Federal Accounts Allocation Committee (FAAC) has announced the disbursement of ₦1.2 trillion in revenue generated in August 2024 to the Federal Government, States, and Local Government Councils. This was disclosed at the September 2024 […]
At its August 2024 meeting, the Federation Account Allocation Committee (FAAC), chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, distributed N1.358 trillion to the three tiers of […]
The Federation Account Allocation Committee says it shared a total sum of N1.13 trillion of earnings in December 2023 with the Federal Government, States, and Local Government Councils. This is N500bn more than the N1.08trn […]
The Federation Account Allocation Committee (FAAC), has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August. This is contained in a communiqué issued by the FAAC […]
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