FG, States, LGs Share N1.36tn In July As Revenue Hits N2.61tn
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.36 trillion to the three tiers of government as federation allocation for the month of July 2024. The…
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…