FG, states, LGs Share N651.18bn For June   The Federation Account Allocation Committee has shared a total of N651.18bn as June 2020 federation account revenue to the federal, states and local governments councils, as well as other relevant agencies in Nigeria. According to the Office of the...

FAAC Shares N547.309 bn to 3 Tiers of Govt for May 2020. The Federation Accounts Allocation Committee (FAAC), today at its meeting via Virtual Conferencing, chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the three...

FAAC shares N606.196bn for April, 2020. The Federation Accounts Allocation Committee (FAAC) at its meeting via Virtual Conferencing, 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 total sum of ...

FAAC Shared N1.945tr to FG, States, LGS in Q1 2020 The Federation Accounts Allocation Committee (FAAC) disbursed N1.95 trillion to the Federal, States, Local government areas  and other statutory agencies in the first quarter of 2020. A breakdown of the disbursements shows that N791.4 billion went...

FAAC Transfers N119bn Into Excess Revenue Account   The Federation Account Allocation Committee has transferred the sum of N119.55bn into the Excess Revenue Account. The amount, according to a statement on Thursday from the Office of the Accountant-General of the Federation, was from the N780.9bn that was...

FAAC Shares N780.926bn Revenue to FG, States and LGs in March 2020 The Federation Accounts Allocation Committee (FAAC) has shared a total of N780.926 billion as March 2020 Federation Account Revenue to the Federal, States and Local Governments and relevant Agencies in the country. This was...