FG, states, LGs share N1.411tn FAAC revenue in October
A total of ₦1.411 trillion, representing the October 2024 Federation Accounts Revenue, has been distributed among the Federal…
Browsing Tag
FAAC
Reports submitted to FAAC by NNPCL are inconsistent, lacks details on…
The World Bank has highlighted inconsistencies and insufficient operational details in the reports submitted by the Nigerian…
FAAC deducts N622.75m for anchor borrowers in 15 months
The Federation Allocation Accounts Committee (FAAC) has deducted a total of N622.75 million over 15 months to repay loans…
FAAC allocation rose by 1.42% in Q2 2024 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) announced that the Federation Accounts Allocation Committee…
FG, states, LGAs share N1.1trn revenue in May – FAAC
The Federation Account Allocation Committee (FAAC) says the three tiers of government shared N1.14 trillion for May.
The figure…
FAAC shares N1.2tr to FG, States, LGAs in May 2024
The Federation Accounts Allocation Committee (FAAC) disbursed N1.208 trillion in revenue to the Federal Government, States, and…
FAAC shares N1.1trn March 2024 revenue to FG, States, LGCs
Following its April meeting in Abuja, the Federation Account Allocation Committee (FAAC) split N1.123 trillion in March 2024…
Forex gain adds N1.37tn to government revenue – FAAC
The convergence of the country's exchange rate led to a substantial rise in revenue from foreign exchange differentials, reaching…
FAAC shares N1.088trn to FG, States, LGs
The Federation Account Allocation Committee has shared the sum of N1.088 trillion to the Federal Government, States and Local…
FG, States, LGAs share N906.9bn revenue in October
The Federation Account Allocation Committee (FAAC) says it shared N906.955 billion with the three tiers of government in October…