The Federal Government, the 36 states of the federation and the 774 local government areas have so far shared N1.4tn from the Federation Account, being revenue generated in the first quarter of this year. The breakdown is contained in the monthly Federation Account Allocation Committee...

FAAC Table: The Sharing of N418bn to FG, States, LGCs in May 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N418bn at its monthly meeting held in May 2017. In a document obtained by the Economic Confidential, the economic intelligence magazine, the...

FAAC Table: The Sharing of N496bn to FG, States, LGCs in April 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N496bn at its monthly meeting held in April 2017. In a document obtained by the Economic Confidential, the economic intelligence magazine, the...

FAAC Table: The Sharing of N466bn to FG, States, LGCs in March 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N466bn at its monthly meeting held in March 2017. In a document obtained by the Economic Confidential, the economic intelligence magazine, the...

FAAC Table: The Sharing of N514bn to FG, States, LGCs in February 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N514bn at its monthly meeting held in February 2017. In a document obtained by the Economic Confidential, the economic intelligence magazine, the...

The Federation Accounts Allocation Committee (FAAC) distributed the sum of N400 billion among the three tiers of government in January 2017, being the statutory allocations for the month of December 2016. The distributable monthly allocation increased by 13.12 billion compared to N386.87 billion shared in...