FG, States, LGs Record N413.3bn Allocation Shortfall   The three tiers of government suffered a shortfall of N413.3bn in allocation from the federation account within a two-month period covering January and February this year. The shortfall was arrived at on an analysis of the difference between the...

States Spent N3.6bn Servicing External Debts In January — FAAC   A total of N3.6bn was spent by the 36 state governments servicing their external debt obligations in the month of January. The amount was arrived at based on an analysis of their allocation for the month...

FAAC: FG, States LGs Share N581.566bn for February 2020 The Federation Accounts Allocation Committee (FAAC) has shared a total of N581.566 billion February 2020 Federation Account Revenue to the Federal, States and Local Governments in the country. This was announced after a rescheduled meeting of the...

FAAC meeting ends in Deadlock The monthly Federation Account Allocation Committee (FAAC) meeting on Wednesday ended in deadlock. The Director of Information, Ministry of Finance, Budget and National Planning, Mr. Hassan Dodo, announced this after the meeting in Abuja. He said “gentlemen of the press, there...

FAAC: FG, States, LGs share N647.353bn for January, 2020. The Federation Accounts Allocation Committee (FAAC) in Lagos at its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the Federal Government, States and Local Government...

FG, States and LGAs share N716.298bn for December 2019. The Federation Accounts Allocation Committee (FAAC), at its meeting in Abuja, chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, shared to the Federal Government, States and Local Government...