FAAC

FAAC: FG, States, LGs Share ₦1.2 Trillion in May

The Federation Allocation Allocation Committee (FAAC) has announced that during its May 2024 meeting held in Abuja, N1.2tn from April…

7 months ago

SERAP Calls on Govs, FCT Minister to Account for FAAC Allocations or Face lawsuit

The Socio-Economic Rights and Accountability Project (SERAP) has called on Nigeria’s 36 state governors and the Minister of the Federal…

8 months ago

FAAC: FG, States, Local Govts Share ₦1.123tn in March

The Federation Account Allocation Committee has disbursed a total of ₦1.123tn to the federal, state, and local governments for March…

8 months ago

FAAC Disburses ₦1.15 Trillion to Fed Govt, States, LGs

The Federation Account Allocation Committee (FAAC) has allocated N1.15 trillion to the three tiers of government for last month. Last…

9 months ago

FAAC: FG, States, LGs Share ₦1.149 Trillion for January 2024

In January 2024, a total revenue of ₦2.068 trillion flowed into the Federation Account, including ₦78.412 billion for collection costs,…

10 months ago

Reps To Investigate Utilization Of States’ Increased FAAC Allocations

The House of Representatives has initiated a probe into the utilization of funds allocated to states by the Federal Account…

10 months ago

FAAC: Fed Govt, States, LGs Distribute ₦1.13 Trillion December Revenue

The Federation Account Allocation Committee has reported the distribution of a total sum of N1.13 trillion in earnings for December…

11 months ago

Revised Fiscal Framework Anticipates ₦14tn FAAC Allocation To States And LGs

The Federal Government's Revised 2024 – 2026 Medium-Term Fiscal Framework foresees a substantial increase of 109.74% in federal allocation to…

1 year ago

FAAC: FG, States, LGs Share ₦906.955bn October Revenue

The Federation Account Allocation Committee (FAAC) has shared a total sum of N906.955 billion October 2023 Federation Account Revenue to…

1 year ago

FAAC Allocates ₦903bn To Federal, State, LGAs As September Revenue

The Federation Account Allocation Committee (FAAC) has disbursed ₦903.480 billion in September 2023 from the Federation Account Revenue to the…

1 year ago