FAAC

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

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

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...
Sanwolu of Lagos and Dapo of Ogun States

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

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

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...
FAAC

FAAC Shares N903.480bn to FG, States, LGAs for September

FAAC Shares N903.480bn to FG, States, LGAs for September   The Federation Account Allocation Committee (FAAC) has shared a total sum of N903.480 billion September 2023...

FAAC: FG, States, LGs Share N1.1trn for August

FAAC: FG, States, LGs Share N1.1trn for August The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.1 trillion as Federation Account...
NNPC Towers

FAAC Tackles NNPCL Over $55m NLNG Dividend

FAAC Tackles NNPCL Over $55m NLNG Dividend   The Federation Account Allocation Committee (FAAC) has launched an investigation to find out what the Nigerian National Petroleum...
FAAC

In Six Months, States Receive N1.51trn FAAC Allocation – NEITI

In Six Months, States Receive N1.51trn FAAC Allocation – NEITI The 36 states of the federation received about N1.51tn, or 34.5 per cent of the...
FAAC

FAAC: Federal, States, LGCs Shares N966bn for July

FAAC: Federal, States, LGCs Shares N966bn for July The Federation Account Allocation Committee (FAAC) has shared a total sum of N966. 110 billion July 2023...
FAAC

FAAC: States, Local Govts Get N2.59trn As Economic Hardship Worsens

FAAC: States, Local Govts Get N2.59trn As Economic Hardship Worsens   States and local governments got N2.59tn from the federation account in the first six months...
FAAC

FG Spending: Money Supply Rise By 31.62% To N64.36trn

FG Spending: Money Supply Rise By 31.62% To N64.36trn   Following the growth in proceeds from the Federation Account Allocation Committee (FAAC) to the three tiers...
FAAC

FAAC Disbursements To Hit Record N1trn Following Fx Unification

FAAC Disbursements To Hit Record N1trn Following Fx Unification   The Federal Account and Allocation Committee (FAAC) disbursements to the federal, state and local governments is...
FAAC

FAAC: FG, States, LGAs share N786bn in May

FAAC: FG, States, LGAs share N786bn in May   The Federation Account Allocation Committee (FAAC) says it shared N786.16bn among the three tiers of government in...
FAAC

FAAC: FG, Others Share N2.84trn In Four Months

FAAC: FG, Others Share N2.84trn In Four Months   The Federal Government (FG), 36 states and 774 local governments (LG) in Nigeria shared N2.84 trillion as...
FAAC

Akwa Ibom, Rivers, Delta Lead As States Share N9.3trn In Three Years

Akwa Ibom, Rivers, Delta Lead As States Share N9.3trn In Three Years   The 36 states in Nigeria shared a total of about N9.3tn as federal...
FAAC

FAAC: FG, States, LGAs Share N722.677 for February

FAAC: FG, States, LGAs Share N722.677 for February   The Federation Account Allocation Committee (FAAC) has shared a total sum of N722.677 billion February 2023 Federation...
FAAC

Kano, Lagos, Get Massive Share As LGs Share N2trn

Kano, Lagos, Get Massive Share As LGs Share N2trn   Local Government Areas in Nigeria got N2.02tn from disbursed federal allocation in 2022. This came as LGAs...
FAAC

FG, States, LGCs Share N990.189bn In Dec 2022

FG, States, LGCs Share N990.189bn In Dec 2022   The Federation Account Allocation Committee (FAAC), at its first meeting for year 2023 shared a total of...
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