AdminMar 28, 20181 min readFAAC ends crisis, allocates N647bn to FG, states, LGsThe Federation Accounts Allocation Committee has finally resolved to allocate funds to the three tiers of government. The FAC committee...
AdminMar 27, 20181 min readAdeosun calls emergency FAAC meeting, summons NNPC MDMinister of Finance and Chairman of the Federation Account Allocation Committee (FAAC), Mrs. Kemi Adeosun, has reconvened the meeting of...
AdminMar 27, 20182 min readFAAC: Nigerian govt, States clash over N37.76bn shortage in NNPC revenueThe Federal Account Allocation Committee (FAAC) meeting with the 36 States on Tuesday was inconclusive due to discrepancies of about...
AdminFeb 21, 20183 min readAkwa Ibom, Rivers get highest allocation as FAAC disbursement increases by 25 percentThe Nigeria Extractive Industries Transparency Initiative, NEITI, has announced that the Federation Account Allocation Committee, FAAC,...
AdminDec 16, 20172 min readFAAC: FG, States, LGs share N609.95bn November revenueThe Federation Account Allocation Committee (FAAC) has distributed N609.95 billion from the Federation Account to Federal, States and...
AdminDec 8, 20172 min readFAAC: Federation revenue declines by N25.3bn in OctThe Federal, States and Local Government in the month of October shared N532.7 billion which shows a decline of N25.3 billion when...
AdminOct 25, 20171 min readFAAC: FG, states, LGs share N558bn for SeptemberThe Federation Account Allocation Committee (FAAC) Tuesday shared N558 billion to the three arms of government as revenue for the month...
AdminAug 23, 20171 min readFAAC: FG, states, LGs share N467.8bn for JulyA total of N467.852 billion has been distributed as Federal Allocation for the month of July, 2017 to the Federal Government, State...
AdminAug 20, 20171 min readFAAC: Breakdown of how FG, States, FCT shared N2.56trn in 6 monthsThe Federal government, 36 states and the Federal Capital Territory (FCT) shared the sum of N2.56 trillion in the first half of 2017 from...
AdminJan 20, 20171 min readFederal, State, Local governments share N400bn for JanuaryFederation Account Allocation Committee (FAAC) on Friday shared N400 billion among the three tiers of government. The figure is N13.1...
AdminNov 23, 20161 min readFG, states, local share N420bn for OctoberA total of N420billion has been shared as Federal Allocation for the month of October 2016 by the Federal Government, State governments...
AdminSep 21, 20162 min readFAAC: FG, States, LGs share N510bn in AugustShe made the disclosure while addressing a news conference on the outcome of the Federation Account Allocation Committee (FAAC). The...
AdminJul 26, 20162 min readFAAC: FG gives breakdown of amount 36 states received in MayNAN reported that the allocations were shared in June as revenue collections accrued to the account in May. The state was closely...
AdminJul 22, 20162 min readFAAC: FG revenue rises by N301bn, shares N559bn with states, LGsThis is as the gross revenue generated by the federation increased by N301.32 billion, the highest in almost two years. The Minister of...
AdminJun 3, 20161 min readGanduje demands ground rent for mansions, says FAAC to Kano dropped by 60%According to a statement issued by his media aide, Salihu Tanko Yakasai, the Governor stated this while commissioning the reconstructed...
AdminFeb 24, 20162 min readFAAC: FG, States, LG share N370.4b for JanuaryShe announced this while addressing newsmen on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting. She said that...
AdminDec 23, 20151 min readBuhari orders payment of December salariesPresident Muhammadu Buhari has directed the immediate payment of December salaries to Federal Government workers. Speaking on Tuesday in...
AdminOct 29, 20153 min readFAAC: FG States, LGs share N390bn as revenue for SeptemberNwaobia announced this in Abuja when she addressed newsmen on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting....
AdminAug 27, 20152 min readFAAC: FG, States, LGs share N511.8bn for JulyShe said that the shared amount comprised the month’s net statutory revenue of N433.5 billion. “Also, there is the exchange gain of N6.4...
AdminJun 24, 20152 min readFAAC: States, LGs share N409.3bn for MayNwaobia said this while addressing newsmen on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting in Abuja. She...
