FG, States, LGs share N604.004 bn for October, 2020. The Federation Accounts Allocation Committee (FAAC), Wednesday at its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Alh. Aliyu Ahmed shared to the three tiers of government, a total sum...

COVID-19: States’ IGR, Allocations Crash By N180.4bn         State governments may be currently grappling with varying degrees of financial concerns, following the N180.4bn crash in their internally generated revenues and the allocations they received from the Federation Accounts Allocation Committee. An analysis of various IGR and FAAC...

W/Bank Pledges $72m For States’ Land Administration Records       The World Bank has expressed willingness to give each state of the federation a grant of two million dollars to enable them to update their property records. This, however, is based on the condition that benefiting states capture...

FAAC Disburses N3.88trn to FG, State In First Half Of 2020     -N1.93trillion disbursed in Q2 2020, signaling three straight quarters of falling disbursements since Q3 2019 Abuja, 08 September 2020 - The Federation Accounts Allocation Committee (FAAC) shared N3.879 trillion to the Federal Government, states, local government...

States' Viability Index and IGR Generation By Ibrahim Shehu Yahaya   States, at all times, are supposed to be effective in delivering quality environment and means of livelihood to their citizens. People come together to create communities, even as they equally pool resources to cater for these...

FAAC Shared N1.945tr to FG, States, LGS in Q1 2020 The Federation Accounts Allocation Committee (FAAC) disbursed N1.95 trillion to the Federal, States, Local government areas  and other statutory agencies in the first quarter of 2020. A breakdown of the disbursements shows that N791.4 billion went...