Federation Account Allocation Committee (FAAC)

Despite increment, purchasing value of FAAC has decreased – Gov Muftwang

Plateau State Governor, Caleb Muftwang has stated despite the monthly federal budget given to state governments has grown, the purchasing…

9 months ago

FAAC: States, LGs share N1.143trn May 2024 revenue

A total sum of N1,143.210 billion May 2024 Federation Accounts Revenue has been shared with the Federal, States and Local…

11 months ago

FAAC shares N802.407bn June 2022 revenue to FG, States, LGCs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N802.407 billion June 2022 Federation Account Revenue with…

3 years ago

12 states miss out on $4.5m World Bank fiscal transparency grant

THE World Bank, on Tuesday, said 12 states missed out on its $4.5 million (N1.37 billion) State Fiscal Transparency, Accountability…

5 years ago

Look for more sources of revenues outside federal allocations, Sanwo-Olu tells govs

Lagos State governor, Mr Babajide Sanwo-Olu, on Monday tasked state governments across the country to look for ways to generate…

5 years ago

FG, states, LGs, others share N2.273trn in third quarter of 2019

THE Federation Account Allocation Committee (FAAC) has disbursed N2.273 trillion to the three tiers of government and other statutory recipients…

5 years ago

States get N2.23trn special grants from FG since 2016 ― Ahmed

STATES governments got a total of N2,230.190 billion (or N2.230 trillion) special intervention grants and refunds from the Federal Government…

6 years ago

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