Rivers Ex-Administrator Ibas Received ₦401.9bn Allocation in Six Months — Official FAAC Records Reveal
FAAC documents confirm massive ₦401.9bn inflow under Ibas’ six-month administration ₦36.6bn of local government allocations released directly to him by FG Ex-administrator rejects House probe, calls it a “fool’s errand”…
Nigeria’s Revenue Surges by N9.1tn in Six Months
Nigeria's revenue has soared by N9.1 trillion in the first half of 2024, coupled with a savings of N900 billion from the Federation Account Allocation Committee (FAAC) deductions. This significant…
Federal Allocation Hits N1.298 Trillion for September 2024: Breakdown Revealed
The Federation Accounts Allocation Committee (FAAC) has announced the distribution of N1.298 trillion to the Federal Government, States, and Local Governments for September 2024, a vital financial boost as the…
FG Halts FAAC Payment to Rivers State After Court Order
The Federal Government has confirmed that it will cease the October 2024 monthly Federation Account Allocation Committee (FAAC) revenue payment to Rivers State, following a court order. The decision comes…
FAAC Disburses N1.72trn to FG, States, LGs for November 2024 Revenue
The Federation Account Allocation Committee (FAAC) has distributed N1.72 trillion to the federal, state, and local governments for November 2024 revenue. The gross total revenue for November stood at N3.14…
FG, States, LGAs Share N1.424tn FAAC Revenue For December 2024
The Federal Government, States, and Local Government Councils shared a total sum of N1.424 trillion as December 2024 Federation Accounts Revenue. The revenue was shared at the January 2025 Federation…
FAAC: FG, States, LGAs Share N1.703 Trillion January 2025 Revenue
FG, States, and Local Government Councils have shared a total of N1.703 trillion from the Federation Account revenue for January 2025. This figure represents a notable 19.6% increase, or N279…
FG, States Share N907bn June FAAC Revenue
The Federal Government and states in the country have shared a total of N907.054 billion as allocation for the month of June. Daily Report Nigeria reports that sum was shared…
Delta Receives Highest Portion as 36 States Share N1.51trn FAAC in 6 Months
The 36 States of the federation shared N1.51 trillion between January and June 2023 as monthly allocations from the Federal Accounts Allocation Committee (FAAC). Daily Report Nigeria reports that the…
FG, States, LGs Share N1.1tn FAAC Revenue in August
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.1 trillion in August 2023 as part of the Federation Account Revenue to the Federal Government, States, and Local…