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FAAC: FG, States, LGs Share N1.1trn for February

FAAC: FG, States, LGs Share N1.1trn for February   The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024 Federation Account Revenue to the Federal Government, States and Local Government Councils. The revenue was shared at the March 2024 meeting...

States Federation Allocation Increases by 69% to N5.54tn

States Federation Allocation Increases by 69% to N5.54tn According to figures from the approved 2024 budget, the federation allocation to coffers of state governments will increase by 69% to N5.54tn in 2024. From the 2024 approved budget, states are projected to receive N2.24tn more than the...

FAAC: FG, States, LGAs Share N1.1trn for December 

FAAC: FG, States, LGAs Share N1.1trn for December  The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,127.408 trillion December 2023 Revenue to the Federal Government, States and Local Government Councils. This was contained in a communique issued by the FAAC at its...

2022 ASVI: Again, Lagos, Ogun Remain Most Viable States… Akwa-Ibom, Bayelsa, Katsina are Insolvent Due to Poor IGR

Again, Lagos Generates More IGR than 30 States Combined …. RICH/Economic Viable States: Lagos, Ogun, River, Kaduna, Kwara, Oyo and Edo States … INSOLVENT/Poor IGR States: Bayelsa, Kebbi., Katsina, Akwa-Ibom, Taraba and Yobe States

FAAC: FG, States, LGs Share N1.088trn for November

FAAC: FG, States, LGs Share N1.088trn for November The Federation Account Allocation Committee (FAAC) has shared a total sum of N1088.783 billion November 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. According to a communique issued by the FAAC at its...

FAAC: FG, States, LGs Share N906.955bn for October

FAAC: FG, States, LGs Share N906.955bn for October   The Federation Account Allocation Committee (FAAC) has shared a total sum of N906.955 billion to the Federal Government, States and Local Government Councils for the month of October. A communique issued by the FAAC at its November, 2023...