FAAC

FAAC: FG, States and LGCs Share N760.717bn for July The Federation Accounts Allocation Committee (FAAC) has shared a total of N760.717 billion in July 2021 Federation Account Revenue to the Federal, States and Local Governments Councils. This was contained in a communiqué issued on Friday at...

In 5 Months FG, states, LGs suffer N329.6bn shortfall Between January and May, the Federation Account Allocation Committee shared the sum of N3.18tn to the three tiers of government. The Federation Account is currently being managed on a legal framework that allows funds to be...

FG, States, LGCs Share 733.1bn for June 2021 The Federation Accounts Allocation Committee (FAAC) has distributed a total sum of N733.095 billion as June 2021 Federation Account Revenue to the Federal, States and Local Governments Councils. This was contained in a communiqué issued at the end...

Federation Account: How FG, States Shared N7.23tr in 2020 … FG Received N3.04 tr, States/LGCs Got N4.18tr …Highest Allocations: Lagos N299bn, Delta N247bn, Akwa-Ibom N212bn, Rivers N198bn, Kano N174bn …Lowest Allocations: Gombe, Ebonyi, Nasarawa, Ekiti and Kwara Received less than N80bn each A new report by Economic...

FG, States and LGCs share N605.958bn  for May, 2021. The Federation Accounts Allocation Committee (FAAC), today at its meeting through Virtual Conference shared to the three tiers of government, a total sum of N605.958 billion as federation allocation for the month of May, 2021. From this amount,...

FAAC: FG, States LGCs Share N616.886 bn for April 2021. The Federation Accounts Allocation Committee (FAAC), at its meeting through Virtual Conference shared a total sum of N616.886 billion to the three tiers of government, as federation allocation for the month of April, 2021. From this stated...