FAAC Allocation

FG, states, local councils share N675.946 billion for November

Oil-producing states received additional N49.003 billion as 13 per cent derivation fund.

FAAC Allocation: FG, states, LGs share N605.95bn in May

By Temitope Ponle The Federal Accounts Allocation Committee (FAAC) on Wednesday said it shared a…

FAAC: Kogi receives 4.2bn for January 2021

Richard Elesho/ Lokoja Kogi State Government has confirmed the receipt of N4.4 billion as statutory…

FAAC: FG, States, LGAs share N640.3bn for January

By Temitope Ponle The Federation Accounts Allocation Committee (FAAC) has shared N640.310 billion to the…

More funds for FG, States, LGs as FAAC shares N619.3bn for Dec. 2020

The distributed Statutory Revenue for December 2020 is N437.256 billion, higher than that of November…

FAAC shares N651.18bn to FG, states, LGs in June

Oil-producing states received N28.49 billion as 13 per cent derivation revenue

FAAC: FG, States, LGs share N547.309bn for May

The Federation Accounts Allocation Committee (FAAC) on Wednesday shared N547.309 billion to the three tiers…

FAAC: FG, States, LGs share N606.196bn for April

The Federation Accounts Allocation Committee (FAAC) has shared N606.196 billion to the three tiers of…

FAAC disburses N1.95tn in Q1, says NEITI report

The Nigerian Extractive Industries Transparency Initiative (NEITI) says the Federation Accounts Allocation Committee (FAAC) disbursed…

Buhari withdraws $150m from NSIA fund to support FAAC allocation

President Muhammadu Buhari has approved the withdrawal of 150 million dollars from the Nigeria Sovereign…