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Tag Archives: Federation Account Allocation Committee

FG, states, LGs share N1.65trn May revenue

The Federation Account Allocation Committee (FAAC), has shared N1.659 trillion, being May 2025 revenue among the Federal Government, States and the Local Government Councils (LGCs). The revenue was shared at the June meeting of FAAC in Abuja on Wednesday. This is according to a communiqué issued at the end of …

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FAAC: FG, states, LGs share N1.578trn for March

THE Federation Account Allocation Committee (FAAC), on Monday, shared N1.578 trillion among the Federal Government, states and the Local Government Councils (LGCs) for the month of March. A communiqué issued by Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF),  said the revenue …

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FAAC: FG, States, LGCs share N1.703trn January Revenue

THE Federation Account Allocation Committee (FAAC) has shared a total sum of N 1.703 trillion among the Federal Government, States, and the Local Government Councils as January 2025 Federation Account Revenue. The revenue was shared at the February 2025 FAAC meeting held in Abuja. The N1.703 trillion total distributable revenue …

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FAAC Distributes ₦1.2 Trillion To FG, States, Local Govts For April

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. This was made known on Thursday in a statement issued by the director of press and public relations in the office of the accountant-general …

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FAAC Shares ₦1.1 Trillion Revenue To FG, States, LGs

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 government tiers on Friday. Newsextra24 reports that the allocation, as reported by the Director of Press and Public Relations at the Office of the Accountant …

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FAAC: Allocation Drops As FG, States, LGs Share N715bn

THE Federation Account Allocation Committee says it shared N714.63bn among the three tiers of government in March 2023. The figure represents a decrease of N8.05bn compared to the N722.68bn shared in February 2023. FAAC disclosed this in a communiqué issued at the end of its latest meeting in Abuja on …

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