FG, States, LGAs share N1.1trn revenue for December from FAAC
Federation Account Allocation Committee (FAAC) has shared a total sum of N1.08 trillion in November 2023 revenue actual to the federation account to the federal,
Tag : FAAC
FAAC disburses N906.955bn to FG, States, LGAs
The Federation Account Allocation Committee (FAAC) has announced the allocation of N906.955 billion in federation account revenue to the federal government, states, and local government
FAAC shares N966bn July revenue among FG, states, LGs
The Federation Account Allocation Committee (FAAC) says it shared N966.11billion among the three tiers of government for July 2023. The figure represents a marginal increase
FAAC: Allocation to FG, states, LGs crashes by N240bn
The Federation Account Allocation Committee says it shared N750.17billion among the three tiers of government in January 2023. The figure represents a decrease of N240.02billion
Rising public debt worrisome, fuel subsidy unsustainable – FAAC
The Federation Account Allocation Committee Post-Mortem Sub-Committee has said that the rising public debt is worrisome, while describing fuel subsidy as unsustainable. This was according
FAAC: Nine States share N84.642bn derivation proceeds
Despite suffering a sharp decline in revenue available to the three tiers of government to share for August 2022 from the Federation Account, nine oil-producing
NNPC to deduct N149bn from FAAC as petrol subsidy
The Nigerian National Petroleum Corporation (NNPC) has disclosed that it will deduct N149.28 billion spent on petrol subsidy in August, 2021 from its contribution to
NNPC Struggles to Remit N349.2bn of Projected N1.465trn to FAAC in Seven Months
Out of a possible N1.46 trillion the Nigerian National Petroleum Corporation (NNPC) budgeted as revenue payment to the nation in the first seven months of
August Allocation Dips as FAAC Shares N696.965bn to FG, States, LGs
The Federation Accounts Allocation Committee (FAAC) yesterday shared a total of N696.965 billion to the three tiers of government for the month of August 2021.
FG, states, LGAs shared N616.87bn in April – FAAC
The Federation Accounts Allocation Committee on Friday said it shared a total of N616.87bn as April 2021 revenue to the Federal, States and Local Governments
