The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.68 trillion to the three tiers of government for March 2025. According to a communiqué...
Federal Account Allocation Committee has criticised the Nigerian National Petroleu͏m Company (NNPC) for an additional N1.19 trillion subsidy refund for July 2024. The critique came shortly...
The Federal Accounts Allocation Committee (FAAC) has shared N1.298 trillion among the Federal Government, states, and Local Government Councils (LGCs) from the revenue of September 2024....
The Federation Account Allocation Committee (FAAC) announced that the disbursement to the federal, state, and local governments surged by N200 billion from N1.143 trillion in June...
The Federal Accounts Allocation Committee (FAAC) has revealed a significant surge in government revenue to N2.07 trillion in January 2024. This substantial increase reflects the buoyancy...
The Federation Account Allocation Committee (FAAC) has disclosed the disbursement of N906.96 billion to Nigeria’s three tiers of government for October 2023. This represents a positive...
The Federation Account Allocation Committee (FAAC) has disbursed ₦1.134 trillion to Nigeria’s three tiers of government in June 2023. This financial windfall, revealed in the latest...
The driving force behind this boost in revenue can be attributed to foreign exchange gains that have contributed significantly to the government's income stream.
36 Nigerian states collectively received a total sum of N1.51 trillion in the first half of the year. This accounts for 34.5 percent of the total...
This represents an increase of N130.23 billion when compared to the N655.93 billion the committee shared in April 2023. Making it the highest amount shared between...