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…