FG, states, LGs share ₦1.969tr December revenue at FAAC meeting
The Federal Government, the states, and local government councils collectively received ₦1.969 trillion from the Federation…
Browsing Tag
FAAC
FG, states, LGs share N1.92trn as VAT revenue drops by N156bn
The Federation Account Allocation Committee (FAAC) shared a sum of N1.92 trillion in November to the federal government, states…
FG, states, LGs shared N2.2trn revenue in August – FAAC
The Federation Account Allocation Committee (FAAC) says it shared a total of N2.22 trillion among the three tiers of government in…
VAT revenue increased by N100bn in May – FAAC
The Federation Account Allocation Committee (FAAC) has said it shared a total sum of N1.65 trillion among the three tiers of…
Senate seeks FAAC seats for all LG Councils
The Senate has urged the Nigerian Government to ensure the inclusion of one representative from each local government council…
FG, states, LGs share ₦1.7tn FAAC revenue in February
In February 2025, the Federal Account Allocation Committee (FAAC) distributed approximately N1.7 trillion in revenue among the…
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…
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…