FG, States, LGCs share N1.424 trillion December 2024 revenue
The Federal Government, States, and Local Government Councils have shared a total sum of N1.424 trillion as revenue for December ...
Tag: FAAC
News and analysis about FAAC
FG, States, LGCs share N1.727 trillion November revenue, 22.48% higher than October
The Federal Government, states, and local government councils shared a total of N1.727 trillion in revenue generated in November 2024.
FAAC shares N1.411 trillion to Federal, State, and Local Governments for October
The Federation Accounts Allocation Committee (FAAC) has disbursed a total of N1.411 trillion to the Federal Government, State Governments, and ...
Delta State govt proposes N936 billion budget for 2025
The Delta State Government has approved the submission of a proposed budget of N936 billion for the 2025 fiscal year ...
FAAC revenue hits N6.28 trillion in Q2 2024 as VAT, import duties offset low oil earnings
The revenue of the Federation Account earnings (FAAC) rose to N6.28 trillion in the second quarter of 2024, driven by ...
Rivers State got 60.44% of its total revenue from federal allocation in 2023
Rivers State, a major oil-producing region in Nigeria and often referred to as the "Treasure Base of the Nation," received ...
FAAC: FG, States and LGAs share N1.298 trillion in September
The Federation Account Allocation Committee (FAAC) has disbursed N1.298 trillion to the Federal Government, state governments, and Local Government Councils ...
CBN confirms FAAC allocations impacting exchange rate stability
The Central Bank of Nigeria (CBN) has alluded that there is a correlation between monthly disbursement from the Federation Account ...
FAAC: FG, States, LGCs share N1.203 trillion August 2024 revenue, down by 11.4% from July
The Federal Government, States, and Local Government Councils (LGCs) shared a total of N1.203 trillion for revenue generated in August ...
FAAC: Kwara electoral body accuses PDP of plotting to block LGAs’ allocations
The Kwara State Independent Electoral Commission (KWSIEC) and the Kwara State Government have accused the People's Democratic Party (PDP) of ...
