FG, States, LG Share N812.76bn Revenue in November
The Federal Government, States and Local Governments have shared N812.76 billion as revenue for the month of November. The Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse…
FAAC: FG, States, LGs Receive Over N788bn in Oct., Up From N89.42bn in Sept., as Crude Oil Revenue to Federation Increased By $54.19m
The Federal, States and Local Governments, have shared N788.13 billion as federal allocation for the month of October at the Federation Account Allocation Committee (FAAC)Â meeting. A statement…
Federation revenue jumps by N27.04 bn in August; FG, states share N741.84bn
Federal, states and local governments on Wednesday shared N741.84 billion as revenue generated in August, the News Agency of Nigeria (NAN) reports. The figure indicated a N27.04 billion when compared…
FG, states, LGs receive N3.946 trillion in six months
The Federation Accounts Allocation Committee (FAAC) has disbursed N3.946 trillion in the first half of 2018 to Federal, State and Local Governments, the Nigeria Extractive Industries Transparency Initiative (NEITI) quarterly…
FG, states, LGs share N821.9bn in June; Buhari demands more transparency from NNPC
President Muhammadu Buhari has ordered for the review of the revenue reporting template between the NNPC and the Federation Account Allocation Committee (FAAC). The Minister of Finance, Mrs Kemi Adeosun…
FAAC: Again, FG, states fail to share May revenue
The monthly Federation Account Allocation Committee (FAAC) meeting has again ended in a stalemate as Federal and state governments rejected the revenue figures submitted by NNPC for May. One of…
FAAC disbursed N608.33bn to FG, states, LGs in May
The Federation Account Allocation Committee (FAAC) disbursed the sum of N289.04 billion to the Federal Government in May, the National Bureau of Statistics (NBS) has said. The NBS disclosed this…
FAAC concludes meeting, shares N647bn to FG, States, LGs for March 2018
The Federation Accounts and Allocation Committee meeting which was declared inconclusive Tuesday, was today concluded and revenue figures presented by the AGF was adopted and shared among the three tiers…