The federation account received a 100 percent of profit oil from production sharing contracts (PSCs) from the Nigerian National Petroleum […]
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JUST-IN: FG Approves Transition Period For Direct Oil Revenue Payments Into Federation Account
The Federal Government has approved a transition period for the implementation of direct payments by oil contractors into the Federation […]
Continue readingFLASH: Tinubu Signs Executive Order For Direct Remittance Of Oil, Gas Revenues To FAAC
President Bola Tinubu has signed an executive order for the direct remittance of oil and gas revenues to the federation […]
Continue readingFG, States, LGs Share N2.103 Trillion September Revenue — FAAC
The Federation Account Allocation Committee has shared a total of N2.103tn in revenue among the Federal, state and local governments […]
Continue readingFAAC Distributes Record N2.22 Trillion Revenue For August
The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for August 2025 — the highest ever […]
Continue readingFAAC Shares N1.818 Trillion To FG, States, LGs For June 2025 As Revenue SurgesÂ
The Federation Account Allocation Committee (FAAC) has distributed a total sum of N1.818 trillion to the Federal Government, State Governments, […]
Continue readingFG, States, LGs Share N1.681 Trilli FAAC Allocation For April
From the Federation Account Allocation Committee, FAAC, the Federal Government, 36 states, and 774 local governments got N1.681 trillion as […]
Continue readingFG, States, LGs Shared ₦1.5 Trillion In March – FAAC
The Federation Account Allocation Committee (FAAC) has shared ₦1.578 trillion among the Federal Government, states and local governments for the […]
Continue readingFAAC: FG, States, LGAs Share N1.703 Trillion January 2025 Revenue
The Federal Government, States, and Local Government Councils have shared a total of N1.703 trillion from the Federation Account revenue […]
Continue readingFAAC Meeting Postponed As States, NNPC Dispute Over N1.7 Trillion Remittances
The Federation Accounts Allocation Committee (FAAC) meeting scheduled for Wednesday was postponed due to a dispute between states and the […]
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