FAAC ends crisis, allocates N647bn to FG, states, LGs
The Federation Accounts Allocation Committee has finally resolved to allocate funds to the three tiers of government. The FAC committee...
top of page
Latest News
Our News Are Sourced From dailypost.ng
Search
Adeosun calls emergency FAAC meeting, summons NNPC MD
Minister of Finance and Chairman of the Federation Account Allocation Committee (FAAC), Mrs. Kemi Adeosun, has reconvened the meeting of...
FAAC: Nigerian govt, States clash over N37.76bn shortage in NNPC revenue
The Federal Account Allocation Committee (FAAC) meeting with the 36 States on Tuesday was inconclusive due to discrepancies of about...
Akwa Ibom, Rivers get highest allocation as FAAC disbursement increases by 25 percent
The Nigeria Extractive Industries Transparency Initiative, NEITI, has announced that the Federation Account Allocation Committee, FAAC,...
FAAC: FG, States, LGs share N609.95bn November revenue
The Federation Account Allocation Committee (FAAC) has distributed N609.95 billion from the Federation Account to Federal, States and...
FAAC: Federation revenue declines by N25.3bn in Oct
The Federal, States and Local Government in the month of October shared N532.7 billion which shows a decline of N25.3 billion when...
FAAC: FG, states, LGs share N558bn for September
The Federation Account Allocation Committee (FAAC) Tuesday shared N558 billion to the three arms of government as revenue for the month...
FAAC: FG, states, LGs share N467.8bn for July
A total of N467.852 billion has been distributed as Federal Allocation for the month of July, 2017 to the Federal Government, State...
FAAC: Breakdown of how FG, States, FCT shared N2.56trn in 6 months
The Federal government, 36 states and the Federal Capital Territory (FCT) shared the sum of N2.56 trillion in the first half of 2017 from...
Federal, State, Local governments share N400bn for January
Federation Account Allocation Committee (FAAC) on Friday shared N400 billion among the three tiers of government. The figure is N13.1...
FG, states, local share N420bn for October
A total of N420billion has been shared as Federal Allocation for the month of October 2016 by the Federal Government, State governments...
FAAC: FG, States, LGs share N510bn in August
She made the disclosure while addressing a news conference on the outcome of the Federation Account Allocation Committee (FAAC). The...
FAAC: FG gives breakdown of amount 36 states received in May
NAN reported that the allocations were shared in June as revenue collections accrued to the account in May. The state was closely...
FAAC: FG revenue rises by N301bn, shares N559bn with states, LGs
This is as the gross revenue generated by the federation increased by N301.32 billion, the highest in almost two years. The Minister of...
Ganduje 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...
FAAC: FG, States, LG share N370.4b for January
She announced this while addressing newsmen on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting. She said that...
Buhari orders payment of December salaries
President Muhammadu Buhari has directed the immediate payment of December salaries to Federal Government workers. Speaking on Tuesday in...
FAAC: FG States, LGs share N390bn as revenue for September
Nwaobia announced this in Abuja when she addressed newsmen on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting....
FAAC: FG, States, LGs share N511.8bn for July
She 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...
FAAC: States, LGs share N409.3bn for May
Nwaobia said this while addressing newsmen on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting in Abuja. She...
bottom of page