Federation Account grew by 7.48% in Q3 2024
Federation Account grew by 7.48% in Q3 2024
Money flowing into Nigeria’s federation account grew to N6.86 trillion in the third quarter of 2024, according...
FAAC Shares N1.7trn to FG, States, LGs
FAAC Shares N1.7trn to FG, States, LGs
The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.727 trillion to the Federal Government, State...
IMF, World Bank and their Russian Roulette with Nigeria, by Umar Farouk Bala
IMF, World Bank and their Russian Roulette with Nigeria
By Umar Farouk Bala
Nigeria’s national debt has become a point of contention among various stakeholders, including...
FAAC Shares N1.3trn to FG, states, LGs in September
FAAC Shares N1.3trn to FG, states, LGs in September
The Federation Account Allocation Committee (FAAC) has shared a total of N1.298 trillion among the Federal...
FAAC: FG, States, LGs Share N1.2trn in August 2024
FAAC: FG, States, LGs Share N1.2trn in August 2024
A total sum of ₦1.203 trillion June 2024 federation accounts revenue has been shared with the...
FG, States, LGs Shared N3.47tn in Q2 – NEITI
FG, States, LGs Shared N3.47tn in Q2 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has stated that the Federation Accounts Allocation Committee (FAAC)...
FAAC: FG, States, LGs Share N1.3trn for July
FAAC: FG, States, LGs Share N1.3trn for July
A total sum of N1,358.075 billion July 2024 Federation Accounts Revenue has been shared to the Federal...
States Receive N39.6bn Ecological Funds in One Year
States Receive N39.6bn Ecological Funds in One Year
A publication by the National Bureau of Statistics (NBS) shows that Nigeria’s 36 states received N39.62bn as...
Minister Explains Delay in Direct Payment of FAAC to LGAs
Minister Explains Delay in Direct Payment of FAAC to LGAs
The Minister of Finance and Coordinating Minister of Economy, Wale Edun, says there are “practical...
FAAC: FG, States, LGs share N1.1trn for June
FAAC: FG, States, LGs share N1.1trn for June
The Federation Account Allocation Committee (FAAC) has shared the sum of N1.127 trillion to the federal, States...
FAAC: FG, States, LGs share N1.1trn for May
FAAC: FG, States, LGs share N1.1trn for May
The Federation Accounts Allocation Committee has shared the sum of N1.143 trillion to the three tiers of...
FAAC: FG, States, LGs Shared N1.1trn in March
FAAC: FG, States, LGs Shared N1.1trn in March
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1123.391 billion as March 2024...
FAAC: Debt Servicing Gulps Allocation For Ondo, Osun, Two Others
FAAC: Debt Servicing Gulps Allocation For Ondo, Osun, Two Others
Most of the Federal Accounts Allocation Committee funds for Osun, Ondo, Kaduna and Cross Rivers...
FAAC: FG, States, LGs Share N1.1trn for February
FAAC: FG, States, LGs Share N1.1trn for February
The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024...
FAAC: FG, States, LGs Share N1.1trn for February
FAAC: FG, States, LGs Share N1.1trn for February
The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024...
States Federation Allocation Increases by 69% to N5.54tn
States Federation Allocation Increases by 69% to N5.54tn
According to figures from the approved 2024 budget, the federation allocation to coffers of state governments will...
FAAC: FG, States, LGAs Share N1.1trn for December
FAAC: FG, States, LGAs Share N1.1trn for December
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,127.408 trillion December 2023 Revenue...
2022 ASVI: Again, Lagos, Ogun Remain Most Viable States… Akwa-Ibom, Bayelsa, Katsina are Insolvent...
Again, Lagos Generates More IGR than 30 States Combined
…. RICH/Economic Viable States: Lagos, Ogun, River, Kaduna, Kwara, Oyo and Edo States
… INSOLVENT/Poor IGR States: Bayelsa, Kebbi., Katsina, Akwa-Ibom, Taraba and Yobe States
FAAC: FG, States, LGs Share N1.088trn for November
FAAC: FG, States, LGs Share N1.088trn for November
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1088.783 billion November 2023 Federation...
FAAC: FG, States, LGs Share N906.955bn for October
FAAC: FG, States, LGs Share N906.955bn for October
The Federation Account Allocation Committee (FAAC) has shared a total sum of N906.955 billion to the Federal...
