FAAC

FAAC disburses N3.4trn Year-to-Date —Report

The Federation Accounts Allocation Committee (FAAC) has distributed a total of N3.4 trillion to the federal, state, and local governments…

1 month ago

FAAC: FG, States, LGs share N1.678trn February revenue

The Federation Account Allocation Committee (FAAC) has shared a total sum of ₦1.678 trillion, representing the February 2025 Federation Account…

1 month ago

FAAC allocation: Reconsider your ruling on Rivers, PANDEF urges Supreme Court

The Pan Niger Delta Forum (PANDEF) has expressed profound concern and dismay over the recent Supreme Court pronouncement, which halted…

2 months ago

FAAC shares N1.703trn January 2025 revenue to FG, States, LGs

A total sum of N 1.703 trillion, being January 2025 Federation Account Revenue, has been shared to the Federal, States…

2 months ago

FAAC: FG, States, LGs share N1.424trn December 2024 revenue

A total of N1.424 trillion, representing the December 2024 Federation Account Revenue, has been shared among the Federal, State, and…

3 months ago

Make judicious use of increments in allocations, Presidency tells govs

The Presidency has called on state governors to ensure the prudent use of the recently increased Federal Account Allocation Committee…

5 months ago

FAAC: FG, States, LGs share N1.727trn November revenue

The Federation Accounts Allocation Committee (FAAC) has shared a total sum of N1.727 trillion, being November 2024 Federation Accounts Revenue…

5 months ago

FAAC shares N1.411trn October 2024 revenue to FG, states, LGs

A total sum of N1.411 trillion October 2024 Federation Accounts Revenue has been shared with the Federal Government, States and…

5 months ago

‘FAAC delegates discuss Nigeria’s economic revival at NACOFED 2024’

In a significant determination to ensure the revitalisation of the country's economy, the Federation Account Allocation Committee (FAAC) converged in…

5 months ago

FG fails to pay allocations directly to LG accounts three months after Supreme Court judgement

The Local government councils’ allocations for September 2024 were paid into the states/LGs Joint accounts by the Federation Accounts Allocation…

6 months ago

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