In 9 Months, FG, States, LGs Got Over N6trn   Revenue disbursements by the Federation Account Allocation Committee to the three tiers of the government hit N6trn in the third quarter of 2018. There has been a steady increase in the first three quarters of this year...

FAAC Allocation Falls to N699bn in October 2018 The total monthly payout by the Federation Account Allocation Committee (FAAC) for distribution to the three tiers of government amounted to N699bn (US$2.28bn) in October (from September revenues). This was a decrease of N43bn from the previous...

N43bn Recorded As Short As FG, states, LGs Get FAAC Allocation   The Federation Account Allocation Committee on Thursday night distributed N698.71bn to the three tiers of government as September allocation. The amount represents a decline of N43.13bn over the N741.84bn shared in August. The amount was shared...

NEITI: FG, others Shared N3.95trn In 6months The federal, states and local governments shared N3.95 trillion from the Federation Account within the first half of this year the latest Nigeria Extractive Industries Transparency Initiative (NEITI) Review has shown. The disbursements made by the Federation Accounts Allocation...

FAAC shares N715bn for July ..As New Revenue Template underway for NNPC, Others The Federation Accounts Allocation Committee (FAAC) on Thursday shared a total sum N715 billion among the three tiers of government for the month of July 2018 and also agreed a new revenue reporting...

FAAC: FG, States, LGs Share N821.86bn For June The Federation Accounts and Allocation Committee (FAAC) at its July meeting shared the total sum of N821.86 billion as revenue for the month of June 2018, between the Federal, States and Local Government Areas. In a communiqué issued...