FAAC allocation fell by N100bn in March
The Federation Account Allocation Committee (FAAC) says it shared a total sum of N1.57 trillion to the three tiers of…
FAAC disburses N1.678tr to FG, States, councils
A total of N1.678 trillion from the Federation Account revenue for February 2025 has been distributed among the Federal Government,…
FAAC meeting stalled as states, NNPC face off over outstanding N1.7trn remittances
The monthly meeting of the Federation Accounts Allocation Committee (FAAC) could not hold on Wednesday because of a dispute between…
FAAC disburses local govts’ January allocation to states
Statutory monthly allocations will not be directly disbursed to the 774 local governments this month by the Federation Account Allocation…
Direct payment of allocation to councils begins next month
Barring any last-minute change of plan, councils will begin to get direct allocation from the Federation Account next month. It…
FAAC distributes N1.123 trillion for March
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.123 trillion to the Federal Government, States, and Local…
Civil servants lament delay in January salary payment, despite N1.1trillion FAAC disbursement
Abuja—Some Nigerian civil servants have complained about the “inexplicable’’ delay in payment of the January salaries in spite of improved…
States share N1.51trn FAAC allocation in H1
Abuja—A report from the Nigeria Extractive Industries Transparency Initiative (NEITI), has revealed how the 36 States of the Federation shared…
FAAC to share N1.959tr to Fed, State and LGAs
Abuja—The Federation Account Allocation Committee (FAAC) is about to share N1.959 trillion being revenue generated in June 2023 among the…
Delta, Akwa Ibom, Rivers, Bayelsa lead as states share N9.3tn in three years
Abuja—The 36 states in Nigeria shared a total of about N9.3tn as federal allocation between June 2019 and December 2022,…
FG, States, LGCs share N750bn for January
Abuja—The Federation Account Allocation Committee (FAAC) at its meeting, shared a total sum of N750.174 billion to the three tiers…
