FAAC allocation

Business and Economy

FAAC allocation to FG, States, LGAs increases to N1.818 trn in June

FEDERATION revenue distributed by the Federation Account Allocation Committee (FAAC) to the federal government, 36 state governments, and 774...
Ehime ALEX -
Business and Economy

Federation revenue increases by 6.5% as FG, States, LGs share N1.681trn for April

THE Federal Government, 36 States, and 774 Local Government Areas have shared N1.681 trillion as federation account revenue for...
Harrison EDEH -
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Banking and Finance

FAAC allocations impacting exchange rate stability – CBN governor

THE Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed worries over the monthly disbursement of...
Ehime ALEX -
Data Stories

How much did FG disburse to local governments in the last three years?

A recent judgement by the Supreme Court ordered that the 774 local government councils in the country should manage...
Kehinde OGUNYALE -
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News

FAAC allocation to tiers of government rises to N1.35trn in June

THE Federation Accounts Allocation Committee (FAAC) shared N1.35 trillion among the three tiers of government in June 2024 out...
Ehime ALEX -

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