FAAC

The federation account allocation committee (FAAC) says it distributed the sum of N1.89 trillion in February to the federal government, states, and local government councils. The revenue was distributed during the March 2026 FAAC meeting…

The federation account allocation committee (FAAC) says it shared a total of N2.22 trillion among the three tiers of government in August. The allocation is from a gross total of N3.63 trillion. In a statement on Wednesday, the…

The federal and state governments have reduced their debt, supported by an increase in disbursements from the federation account allocation committee (FAAC), according to a report by the National Orientation Agency (NOA). According to…

The Federation Account Allocation Committee (FAAC) says it shared a total sum of N1.68 trillion to the three tiers of government as federation allocation for April 2025. This is an increase of N110 billion compared to the N1.57 trillion…

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the federation accounts allocation committee (FAAC) disbursed N15.26 trillion to the federal, state, and local governments in 2024. NEITI attributed the surge to the…

The federation account allocation committee (FAAC) says it shared N1.72 trillion among the three tiers of government in November 2024. The amount shared represents an increase of N310 billion compared to the N1.41 trillion shared in…

The Federal Government, states, and Local Government Areas shared N1.41tn in revenue for October 2024, an 8.7 per cent increase compared to the N1.298tn distributed for September. This was disclosed in a press statement on Wednesday by…

A total sum of N1.298 trillion from September 2024 federation accounts revenue has been distributed to the federal government, states, and local government areas. The revenue allocation was announced at the October 2024 meeting of the…

The federation account allocation committee (FAAC) says the three tiers of government shared a total of N1.203 trillion in August 2024 from a gross total of N2.278 trillion. According to a statement on Tuesday by Mohammed Manga,…

The Federation Account Allocation Committee (FAAC) has disbursed N1.123 trillion to the Federal, State and Local Government Councils for March 2024. This was contained in a communique by FAAC at the end of its April 2024 meeting. The…