FAAC: FG, States, LGs share N1.1trn for May The Federation Accounts Allocation Committee has shared the sum of N1.143 trillion to the three tiers of government. A communique issued at the end of the committee’s meeting in Abuja, this evening,  indicated that the funds were from...

FAAC: FG, States, LGs Share N1.2trn for April A total sum of N1,208.081 billion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the May 2024 meeting of the Federation...

FAAC: FG, States, LGs Shared N1.1trn in March   The Federation Account Allocation Committee (FAAC) has shared a total sum of N1123.391 billion as March 2024 federation account revenue to the federal government, states and local government councils. The balance in the Excess Crude Account (ECA) was...

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  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...

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...