News FG, states, LGs share ₦2.04tn revenue Toyibat Ajose Apr 22, 2026 The Federation Account Allocation Committee has distributed a total of ₦2.036 trillion as March 2026 federation revenue among the…
News JUST IN: FAAC receives 100% profit oil as Tinubu’s executive order takes… Alagbe Shenayon Mar 14, 2026 The federation account allocation committee (FAAC) received a 100 percent of profit oil from production sharing contracts (PSCs)…
News BREAKING: FG rolls out executive order on direct oil revenue remittance Alagbe Shenayon Mar 2, 2026 The federal government has announced the commencement of the implementation of Executive Order 9 of 2026, which requires the…
Business Tinubu signs Executive Order stripping NNPC of oil revenue deduction… Oluwadamilare Emmanuel Feb 19, 2026 President Bola Tinubu has signed an Executive Order (EO) for the direct remittance of oil and gas revenues to the Federation…
Business FG, states, LGs share ₦1.969tr December revenue at FAAC meeting Khadijat Adelani Feb 2, 2026 The Federal Government, the states, and local government councils collectively received ₦1.969 trillion from the Federation…
Business FG, states, LGs share N1.92trn as VAT revenue drops by N156bn Oluwadamilare Emmanuel Dec 16, 2025 The Federation Account Allocation Committee (FAAC) shared a sum of N1.92 trillion in November to the federal government, states…
Business FG, states, LGs shared N2.2trn revenue in August – FAAC Oluwadamilare Emmanuel Sep 18, 2025 The Federation Account Allocation Committee (FAAC) says it shared a total of N2.22 trillion among the three tiers of government in…
Business VAT revenue increased by N100bn in May – FAAC Oluwadamilare Emmanuel Jun 19, 2025 The Federation Account Allocation Committee (FAAC) has said it shared a total sum of N1.65 trillion among the three tiers of…
News Senate seeks FAAC seats for all LG Councils Toyibat Ajose May 14, 2025 The Senate has urged the Nigerian Government to ensure the inclusion of one representative from each local government council…
News FG, states, LGs share ₦1.7tn FAAC revenue in February Alagbe Shenayon Mar 22, 2025 In February 2025, the Federal Account Allocation Committee (FAAC) distributed approximately N1.7 trillion in revenue among the…