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![How FG States, LGs Share ₦1.818 Trillion June Revenue - [See Breakdown]](https://cdn.statically.io/img/www.naijanews.com/wp-content/uploads/2022/11/new-naira-5.jpg-1-1000x600.webp)
![How FG States, LGs Share ₦1.818 Trillion June Revenue - [See Breakdown]](https://cdn.statically.io/img/www.naijanews.com/wp-content/uploads/2022/11/new-naira-5.jpg-1-400x240.webp)
![How FG States, LGs Share ₦1.818 Trillion June Revenue - [See Breakdown]](https://cdn.statically.io/img/www.naijanews.com/wp-content/uploads/2022/11/new-naira-5.jpg-1-80x80.webp)
The Federation Account Allocation Committee (FAAC) has shared a total of ₦1.818 trillion among the Federal Government (FG), State governments, and Local Government (LG) councils as...
The Nigerian Senate has called on the federal government to amend the current structure of the Federation Account Allocation Committee (FAAC) to include representatives from all...
The Forum of Commissioners of Finance under the Federation Account Allocation Committee (FAAC) calls for immediate intervention from the Nigerian National Petroleum Company Limited (NNPCL) regarding...
The Federation Account Allocation Committee (FAAC) has declared that its meetings scheduled for February 2025 will be indefinitely postponed. The FAAC Secretary, Ali Mohammed, made this...
The Presidency has announced that from the end of January, local government areas (LGAs) across Nigeria will begin receiving their allocations directly from the Federal Allocation...
The World Bank has accused the Nigerian National Petroleum Company Limited (NNPCL) of inconsistency and non-transparency in its operative details submitted to the Federal Account Allocation...
![How FG States, LGs Share ₦1.818 Trillion June Revenue - [See Breakdown]](https://cdn.statically.io/img/www.naijanews.com/wp-content/uploads/2021/06/FAAC-1280x720-1-1000x600.png)
![How FG States, LGs Share ₦1.818 Trillion June Revenue - [See Breakdown]](https://cdn.statically.io/img/www.naijanews.com/wp-content/uploads/2021/06/FAAC-1280x720-1-400x240.png)
![How FG States, LGs Share ₦1.818 Trillion June Revenue - [See Breakdown]](https://cdn.statically.io/img/www.naijanews.com/wp-content/uploads/2021/06/FAAC-1280x720-1-80x80.png)
The Federal Government has issued a warning of imprisonment to chairmen of Local Government Areas who may get involved in the mismanagement of funds allocated by...
The three tiers of government in Nigeria—federal, state, and local governments—received a total of ₦1.2 trillion from the Federation Account Allocation Committee (FAAC) for April 2024....
The Federation Account Allocation Committee (FAAC) distributed a substantial sum of ₦1.123 trillion from the March 2024 Federation Account revenue to the federal, state, and local...
The amount gotten by the three tiers of government from the Federation Account Allocation Committee (FAAC), went up by ₦10 billion for the month of February...
The House of Representatives has directed its relevant committee to look into how the states use and spend the additional funds they received from the Federal...
The National Bureau of Statistics (NBS) has disclosed that revenue-generating agencies in the country, namely the Nigeria Customs Service, Federal Inland Revenue Service, and Nigerian Upstream...
The Federal Government, States, and Local Government Councils have received a total sum of ₦1.088 trillion released from the Federation Account Allocation Committee (FAAC). Naija News...
The removal of subsidies increased revenue inflow into the Federation Account from an average of ₦650 billion per month to over ₦1 trillion over the last...
The three tiers of government in the country, federal, state and local governments, have shared ₦1.1 trillion as revenue for the August 2023 allocation. Naija News...
The latest report of the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the defunct Nigeria National Petroleum Corporation (NNPC) refused to remit ₦2.8 trillion...
The Federal Government, State and Local Government Councils reportedly received the sum of ₦966.110 billion to share among them for the month of July 2023. The...
Experts have raised concern following the discovery that the balance in the Excess Crude Account (ECA) has remained unchanged, with a balance of $474 million in...
President Bola Ahmed Tinubu has approved the establishment of Infrastructure Support Fund (ISF) for the 36 States of the Federation as part of measures to cushion...
The Federation Account Allocation Committee (FAAC) has shared the sum of 907.054 billion naira June 2023 Federation Account Revenue to the Federal Government, States and Local...
