The Federation Account Allocation Committee (FAAC) has disbursed a total of N2.428 trillion to the Federal Government, states and local […]
Continue readingTag Archives: FAAC
FAAC: FG, States, LGAs Share N2.338 Trillion As August 2026 Revenue
The Office of the Accountant General of the Federation has disclosed that a total sum of N2.338 trillion, being August […]
Continue reading
Tinubu’s FAAC Boom Is A Scam — Atiku
Former Vice President Atiku Abubakar has accused the Federal Government of dressing economic decline in bigger naira figures, declaring that […]
Continue reading
BREAKING: FG, States, LGs Share N3 Trillion As July Revenue Rose By N658 Billion
The Federal Government, the 36 states and the 774 Local Government Councils shared a total of N3.007tn as federation revenue […]
Continue reading
FG, States, LGs Share N2.257 Trillion April 2026 Revenue
The Federation Account Allocation Committee, FAAC, shared N2.257 trillion among the Federal Government, states and local councils for April 2026. […]
Continue reading
ADC Accuses Tinubu, APC Governors Of Diverting N800bn FAAC Funds For 2027 Politics
The Federal Government’s economic management came under fresh scrutiny yesterday after the African Democratic Congress (ADC) accused President Bola Ahmed […]
Continue reading
BREAKING: FAAC Gets 100% Of Profit Oil As Tinubu’s Executive Order Takes Effect
The federation account received a 100 percent of profit oil from production sharing contracts (PSCs) from the Nigerian National Petroleum […]
Continue reading
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 reading
FLASH: 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 reading
FG, 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 reading