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...
The latest gross monthly distribution for the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N714.6bn in April...
The latest gross monthly distribution for the Federation Account Allocation Committee (FAAC) to the three tiers of government and public agencies amounted to N990bn in January...
FAAC has said the CBN disregarded its invitations to answer questions on the revenue moved to the account of the Federal Government
The Federation Account Allocation Committee (FAAC) grew by 12.9% m/m or N87.1bn from the previous payout.