Borno spends only 2.45% of N816.34 million ecological fund on flooding in six months
Borno State has received about N816.34 million from the Ecological Fund between January and June 2024 but has spent very ...
Tag: Federation Account Allocation Committee
FAAC: Federation Account gains an additional N101.98 billion from weak naira in one month
The Federation Account gained N364.87 billion from Exchange Difference revenue in November 2023 in a communique from the FAAC.
NNPC remittance to federal account drops to N10.54 billion in November 2021
The Nigerian National Petroleum Corporation (NNPC) remitted a sum of N10.54 billion to the Federation Account Allocation Committee (FAAC) in ...
Governors’ Forum at loggerheads with FG, oppose Paris Club deduction
The disagreement between the Federal Government and the Governors over the Paris Club refund deduction seems to be intensifying as ...
FAAC disburses N696.2 billion in July 2020, as Lagos State parts with N1.46 billion
The sum of N696.18 billion to the Federal, State, and Local governments in July 2020 from the FAAC account.
NNPC spends N535.9 billion on subsidy, FAAC in Q1 2020
Petrol subsidy gulped N101.65bn in the first three months of the year.
FAAC disburses N650.8 billion in December 2019, South-South states receive highest share
FAAC disbursed a sum of N650.83 billion to the three tiers of government in December 2019 from the revenue generated in November 2019.
![FAAC disburses N190 billion to 36 States in August as allocation drops [Full list], FG, States, LGs’ to share N635.82 for November, FAAC disburses N1.945 trillion in Q1 2020, highest 1st quarter allocation since 2014](https://nairametrics.com/wp-content/uploads/2019/09/FAAC-1.jpg)
FG, States, LGs’ to share N635.82 for November
FAAC has allocated the sum of N635.82 billion to the Federal, States and Local Governments across the nation as revenue ...
Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks
The Federal Government (FG) of Nigeria has announced that it would commence deducting the N614 billion budget support facility from state ...
![Payroll Support Program, President Buhari appoints 9 Chief Executives for government agencies, Nigerian British firm, Bail-Out Fund: FG deducts N122 billion from states’ account in 7-months [Full-List] , JUST IN: Buhari submits 2020 MTEF to Senate , FG to intervene in tech operation as lockdown causes chaos in tech market](https://nairametrics.com/wp-content/uploads/2019/08/Buhari1.png)
FG, States, LGs shared N769.5 billion allocation in July
The Federation Account Allocation Committee (FAAC) disbursed the sum of N769.5 billion from the Federation Account to the three tiers of government in ...
