FAAC

Nigerian Govt Urged To Refund N228bn Election Loan By FAAC

In a revelation, the Postmortem Sub-Committee of the Federal Account Allocation Committee has recommended the refund of the N228bn loan… Read More

4 months ago

Unified Exchange Rate Drives N1.36trn Revenue Gains For States- FAAC

In a financial revelation reshaping the economic landscape, Nigeria's adoption of a unified exchange rate has led to a surge… Read More

4 months ago

States, LGAs To Get N14.04trn Of Federal Allocation

The Federal Government has unveiled projections indicating a 109.74% surge in allocation to states and local government areas,  poised to… Read More

5 months ago

FAAC Disburses N1.80 Trillion In August 2023, N0.9 Trillion Drop From July

The Federation Account Allocation Committee (FAAC) disbursed N1.80 trillion to the three tiers of government in August 2023, marking a… Read More

6 months ago

FG, States, LGAs Share N1.1 Trillion As Revenue Allocation For August Amidst Economic Fluctuations

In a dynamic economic landscape marked by fluctuations and uncertainties, Nigeria's three tiers of government have successfully navigated the fiscal… Read More

7 months ago

FG, States, LGs Share N907.054bn June revenue – FAAC

The Federation Account Allocation Committee (FAAC), has disbursed N907.054 billion to federal government, states, and local government councils from Nigeria’s… Read More

10 months ago

Top Five Nigerian States With Highest Debt Repayment

Lagos State, Kaduna and 34 other states disbursed N21.62 billion to fund foreign debt between January to March 2022. The… Read More

2 years ago

Three Revenue Sources That Helped Nigerian Gov’t Make ₦680.78 billion From Nigerians In One Months

The Federal, States and Local Governments received ₦680.783 billion from the Federation Account Allocation Committee (FAAC) in May 2022. This… Read More

2 years ago

FAAC Shares N675.946bn To FG, States, LGs

The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 billion November 2021 Federation Account Revenue to the… Read More

2 years ago

FAAC: FG, States, LGs Share N671.910 Billion In October

The Federation Account Allocation Committee (FAAC) has disclosed that federal, state and local governments shared a total of N671.910 billion… Read More

2 years ago

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