FAAC

Data Stories

Lagosians owe 17 times more debt than Jigawa residents

FOR every N8,488 owed by a resident in Jigawa state, another resident living in Lagos State owes about 17...
Kehinde OGUNYALE -
Business and Economy

Federal allocation shared in December higher by N40bn than November’s

THE Federation Account Allocation Committee (FAAC) has confirmed it shared N1.13 trillion among the three tiers of government in...
Harrison EDEH -
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Data Stories

How 5 states got highest FG’s allocations yet topped debt chart in 2022

AN analysis by The ICIR has shown that five of Nigeria's 36 states which received the highest allocations from...
Kehinde OGUNYALE -
Business and Economy

31 states survived on federal allocation, generated low IGR in 2022

THIRTY-ONE states in Nigeria relied more on the Federal Government's allocation for survival than the revenue they generated in...
Kehinde OGUNYALE -
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Business and Economy

FG’s 2023 budget underperformed in first five months – CBN

THE federal government's revenue and expenditure underperformed between January and May this year, negatively impacting economic development, the Central...
Ehime ALEX -
Business and Economy

FAAC allocation to tiers of government increased by N59bn in July

THE Federation Account Allocation Committee (FAAC) says it shared N966.110 billion among the three tiers of government in July out...
Ehime ALEX -
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