Tag Archives: FAAC

The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion to the federal, state a d Local Governments.  

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Federal Government, States and Local Government Councils (LGCs) on Wednesday, shared N671.910 billion as Federation Accounts Allocation Committee (FAAC) for October.

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Federation Accounts Allocation Committee (FAAC) has shared N696.965 billion as federation allocation for August. 

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The Acting Director General of the Securities and Exchange Commission Nigeria (SEC), Ms Mary Uduk has advised state governments to establish companies for specific target projects to boost their Internally Generated Revenue (IGR).

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The Federation Account Allocation Committee (FAAC), disbursed the sum of N270.17 billion to the Federal Government in January, 2019, the National Bureau of Statistics (NBS) has disclosed. The NBS said this in FAAC January, 2019 Disbursement statistics posted on its website. According to the bureau, the states received a total of N178.04 billion while local governments received N133.83 billion. The …

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…Workers To Get Salary Before Easter as FG, States, LG Receive Payments Today  …FAAC, NNPC to Jointly Reconcile Revenue Figures   Workers at the three tiers of Government are to receive their salaries for this month before the Easter break as the Federal, State and Local Governments shared the sum of N647.39 billion from the Federation Account. The money was …

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Folake Sokoya The Kwara State government has released its federal allocation figures for the month of January, 2018. The Permanent Secretary of the State Ministry of Finance, Mr. Benjamin Fatigun in a statement on Wednesday, said the State government got a total of N3,577,723,205.47 as allocation for January. Giving a breakdown of the allocation figures, Fatigun disclosed that the State …

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… Akwa Ibom, Lagos, 8 others top list The Federal Government, 36 states of the federation and the Federal Capital Territory (FCT) have so far shared N2.56 trillion in the first half of 2017 from the Federation Account Allocation Committee (FAAC), an investigation by Economic Confidential has revealed. Diligent search and careful computation by the Economic Intelligence magazine showed that apart …

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The Federation Account Allocation Committee at its monthly meeting in Abuja on Monday shared the sum of N465.149bn billion to the three tiers of government for the month of January, 2017. The amount represents N65.149 billion increase when compared to the N400.000 billion shared for the month of December 2016. Speaking to newsmen after the meeting held at the ministry …

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