FAAC

Oil-producing states has received a total of ₦620.23 billion as their 13% derivation fund, which is more than twice the ₦308.19 billion they received during the comparable period in 2024: 1. Delta 185.16 billion. 2. Bayelsa ₦130.21…

The Federation Account Allocation Committee (FAAC) has distributed ₦2.001 trillion as revenue for July 2025 among the federal, state, and local governments. The total gross revenue for July amounted to ₦3.837 trillion. Out of…

Presently, the Multidimensional Poverty Across States in Nigeria looks like this, and the question becomes where are the shared FAAC? 1. Sokoto: 90.5% 2. Bayelsa: 88.5% 3. Gombe: 86.2% 4. Jigawa: 84.3% 5. Plateau:…

Governors not doing enough despite increased FAAC allocations...says Ayiri Emami “I don’t think the state governments are doing enough. It’s not by doing bridges but without welfare, there will be hunger, so how do I ply the…

The Office of the Accountant General of the Federation announce that a total of N1.818 trillion Naira, representing the Federation Account Revenue for June 2025, has been disbursed among the Federal Government, State Governments, and Local…

A total sum of N1.659 trillion, being May 2025 Federation Account Revenue has been shared to the Federal, States and the Local Government Councils. The revenue was shared at the June 2025 Federation Account Allocation Committee…

1. Lagos: N819.62bn 2. Rivers: N278.23bn 3. Oyo: N79.78bn 4. Bayelsa: N27.26bn 5. Kano: N22.97bn 6. Edo: N20.73bn 7. Delta: N20.04bn 8. Akwa-Ibom: N16.08bn 9. Kwara: N14.43bn 10. Benue: N12.36bn 11. Jigawa: N11.22bn 12. Sokoto:…

The Federal Government of Nigeria, States, LGs has just shared ₦1.5tn in March as  FAAC ....read more @channelstv.com/2025/04/15/fg-…

By Paul Nwosu Governor Charles Chukwuma Soludo, CFR, has sparked off an animated pan-Nigerian discussion following his authoritative lecture entitled "Towards Sustainable Democracy and Free Market Economy in Nigeria" at The…

The Presidential committee suggests the daily disbursement of funds through the FAAC. The Presidential Fiscal Policy and Tax Reform Committee has suggested altering the process of distributing funds by the Federation Account…