FAAC
- NEWS
March FAAC Allocation Hits ₦2.036tn Amid Mixed Revenue Trends
FAAC has distributed ₦2.036 trillion for March 2026 to the Federal Government, states and local governments, with stronger statutory inflows…
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FG Pushes Back on ‘Hidden Spending’ Narrative, Says World Bank Report Was Misread
The Federal Government says claims of hidden spending and diverted federation revenues misread the World Bank’s Nigeria Development Update and…
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FG, States and LGs Share N1.65trn Revenue for May 2025—A Windfall in Numbers, a Warning in Trends
In a record revenue disbursement that underscores both the scale of Nigeria’s fiscal capacity and the mounting complexity of its…
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FAAC Disburses N1.681 Trillion for April: Revenue Soars on Robust Oil, Tax Gains Amidst Fiscal Strains
In what underscores a continued surge in government earnings driven by oil receipts and non-oil tax revenues, the Federation Account…
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FAAC: FG, states, LGs share N1.678trn for February
The Federation Account Allocation Committee (FAAC), has shared N1.678 trillion among the Federal Government, states and the Local Government Councils…
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FAAC: FG, States, LGs share N1.424 trn December 2024 revenue
N1.424 trillion total distributable revenue, the Federal Government received the total sum of N451.193 billion, while the state governments received…
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FAAC: FG, states, LGs share N1.727 trillion for November
The Federation Accounts Allocation Committee (FAAC), has shared N1.727 trillion among the Federal Government, states, and Local Government Councils (LGCs)…
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N1.411 trn shared in October among FG, states, LGs by FAAC
The Federation Accounts Allocation Committee (FAAC) says it shared N1.411 trillion among the Federal Government, States and Local Government Councils…
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FG, states, LGs share N1.298trn for September – FAAC
The Federal Accounts Allocation Committee (FAAC), has shared N1.298 trillion among the Federal Government, states, and the Local Government Councils…
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FAAC shares N1.358trn to FG, states, LGs for July
The Federation Accounts Allocation Committee (FAAC), has shared the sum of N1.358 trillion among the Federal Government, States, and Local…
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