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FAAC Shares N639.901bn Revenue for Sept 2020

FAAC Shares N639.901bn  Revenue for Sept 2020 The Federation Accounts Allocation Committee (FAAC) has shared a total of N639.901 billion September 2020 federation account revenue to the Federal, States and Local Government Councils and agencies. This was announced after the physical meeting of the Federation Account...

Fed Govt, Others Share N5.3trn In 8 Months

Fed Govt, Others Share N5.3trn In 8 Months       The Federal Government, 36 states and the 774 local governments of the federation as well revenue generating agencies of the Federal Government shared a total of N5.3 trillion as statutory allocation in eight months, from January to...

FAAC Shares N682bn Revenue to FG, States and LGs for August

FAAC Shares N682bn Revenue to FG, States and LGs for August. The Federation Accounts Allocation Committee (FAAC) has shared a total of N682.060 billion August 2020 federation account revenue to the Federal, States and Local Government Councils and agencies. This was made known after the...

FAAC Disburses N3.88trn to FG, State In First Half Of 2020

FAAC Disburses N3.88trn to FG, State In First Half Of 2020     -N1.93trillion disbursed in Q2 2020, signaling three straight quarters of falling disbursements since Q3 2019 Abuja, 08 September 2020 - The Federation Accounts Allocation Committee (FAAC) shared N3.879 trillion to the Federal Government, states, local government...

FAAC: FG, States and LGCs share N676.407bn for July 2020.

FAAC: FG, States and LGCs share N676.407bn for July 2020. The Federation Accounts Allocation Committee (FAAC) at its virtual meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa- Dutse, shared to the three tiers of government, a...

ASVI 2019: States Generate N1.3tr IGR Against N4.4trn from Federation Account

2019 Annual States Viability Index ASVI: FCT, 36 States Generate N1.3tr IGR Against N4.4trn from Federation Account Allocation … Lagos Generates More IGR than 20 States Combined …. RICH/Economic Viable States: Lagos, Ogun, Rivers, Kwara, Kaduna, Enugu States … INSOLVENT/Poor IGR States: Katsina, Kebbi, Borno, Bayelsa, Taraba...